Sunday, November 19, 2006

Forex News

Forex News

China cannot rule out interest rate hikes in coming months - PBoC advisor
BEIJING (XFN-ASIA) - China cannot rule out the possibility of further
interest rate hikes in the coming months, the 21st Century Business Herald
reported, citing central bank advisor Fan Gang.

Japan to slightly downgrade economic assessment - report
TOKYO (XFN-ASIA) - The Japanese government is expected to downgrade its
monthly assessment of the domestic economy for the first time in 23 months when
it releases a report on Wednesday, local reports said.

G20 economic leaders call for resumption of WTO trade talks
MELBOURNE (XFN-ASIA) - A meeting of the world's most powerful economic
leaders called for the early resumption of stalled World Trade Organization
(WTO) talks and warned against rising protectionism.

G20 to continue pushing for IMF, World Bank reform
MELBOURNE (XFN-ASIA) - The world's most powerful economic leaders vowed to
maintain pressure on the International Monetary Fund (IMF) and World Bank to
better reflect the global community.

G20 economic leaders call for energy investment and efficiency2
MELBOURNE (XFN-ASIA) - Group of 20 (G20) economic leaders said strengthening
energy markets and promoting investment and efficiency are needed to ensure the
global energy supply keeps up with soaring demand.

APEC summit wraps up; trade, NKorea in focus
HANOI (XFN-ASIA) - Key Asia-Pacific leaders called for an urgent resumption
of stalled global trade talks but struggled for consensus on North Korea as they
wrapped up their summit in Vietnam.

US will not tolerate nuclear proliferation by NKorea - Bush
WASHINGTON (XFN-ASIA) - US President George W. Bush warned that the United
States and its allies will not tolerate transfers of nuclear technology by North
Korea to hostile regimes and terrorist groups.

3 Comments:

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