Monthly Archives: August 2010

HSK – Japan’s BOJ convenes extraordinary policy meeting, likely to expand lending program

The Bank of Japan (BOJ) on Monday convened an extraordinary policy board meeting with members expected to consider in depth the burning issue of implementing further monetary easing measures in the face of a strong yen. Japan’s rising currency has been playing havoc on Japan’s export-led recovery and has caused the stock markets to retreat [...]

learn mandarin – China’s mutual funds post huge book losses

China’s securities-based mutual funds reported book losses totaling 439.75 billion yuan (64.64 billion U.S. dollars) in the first half, TX Investment Consulting Co. Ltd., said Monday in a report. The losses were the second biggest for China’s mutual funds industry in history after the industry’s record losses of 1.08 trillion yuan in the same period [...]

learn mandarin – Indonesia’s footwear industry expects more investment

Indonesia’s footwear industry is gearing up for more investment as the country has a large labor force which has made it a new emerging hot spot for foreign direct investment, the Jakarta Post daily reported Friday. The Indonesian Footwear Association (Aprisindo) said that given recent global and domestic investment trends, it expected that by the [...]