Policy & Regulation
The latest news on government policy and regulations.
Asian stock markets rise after Fed official says US should maintain easy monetary policy
(Itsuo Inouye / Associated Press)
BANGKOK — Asian stock markets were mostly higher Wednesday after investor confidence was boosted by a Federal Reserve official’s comments that the U.S. central bank should stick with its super-easy monetary policy.
Japan’s central bank keeps policy unchanged, says economy ‘picking up,’ as trade deficit grows
(Itsuo Inouye, File / Associated Press)
TOKYO — Japan’s central bank says the world’s third-biggest economy is “picking up” as demand recovers in other countries and remains resilient at home, though the trade deficit widened in April, for the tenth straight month.
Price of oil falls below $96 a barrel ahead of Fed chief Ben Bernanke testimony to Congress
BANGKOK — The price of oil fell Wednesday as investors waited for a report on U.S. crude stocks and the Federal Reserve’s latest views on the U.S. economy.
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