Investors keen to protect their precious cash have sought security in all the usual places in recent months.
Why the Norwegian Krone Is the World’s Safest Currency
Tag Archives: yen
Asia stocks rise as China manufacturing gains pace
Asia stocks rise as China manufacturing gains pace Asian stock markets climbed Monday, boosted by faster growth in Chinese manufacturing and expectations the U.S. central bank will pump more money into the world’s largest economy to rejuvenate a sluggish recovery. Oil prices rose to near $82 a barrel following the release in Shanghai of a […]
Why Japan’s Latest Attempt to Boost its Economy Won’t Work
After weeks of calls by the Japanese government to do something about deflation and the fast appreciating yen, the Bank of Japan held an emergency meeting Tuesday — and decided what the world’s second largest economy needs is more money. Central bank governor Masaaki Shirakawa announced steps to step up monetary easing by injecting 10 trillion yen into Japan’s financial system.