The European Union thinks China has made only limited progress in allowing its yuan currency to move more rapidly, and swifter action would help safeguard a fragile economic recovery, according to a draft G20 document obtained by Reuters on Saturday.
China says it is understandable for its workers to demand higher wages after foregoing pay increases during the worst of the economic crisis, a Japanese official said after talks with Chinese counterparts.
Japanese Finance Minister Yoshihiko Noda said on Saturday he was ready to employ all possible measures to tackle the soaring yen, which was having a big impact on the country's export-led economy.
Japanese Finance Minister Yoshihiko Noda said on Saturday he told Chinese officials that Tokyo wants to see further efforts to make the yuan more flexible.
- China is lobbying neighbours to sign up to a road map for renewed nuclear disarmament talks with North Korea, whose leader Kim Jong-il is apparently visiting China amid conciliatory words and threats of atomic holy war.
U.S. Federal Reserve Chairman Ben Bernanke said on Friday the economic recovery has weakened more than expected and the Fed stands ready to act if needed to spur slowing growth.
Tiffany & Co reported softer-than-expected quarterly sales as U.S. customers spent less on its selection of lower-priced jewelry, sending its shares down more than 5 percent.
Japan's prime minister said on Friday he will take firm measures on currencies when needed and will meet the Bank of Japan governor, increasing the possibility the central bank will ease policy soon as it confronts a surging yen.
Japan opened up its gallows to local media for the first time on Friday, a move that could spark debate in a country where the majority supports the death penalty.
Two-thirds of Japanese companies expect the yen's strength to squeeze profits and 40 percent will shift production overseas if the currency remains near a 15-year high on the dollar, a government survey showed on Friday.
Copper and other base metal prices rose up to 5 per kg in the non-ferrous metal market on Thursday on continued buying by stockists on industrial demand amid firming trend at the London Metal Exchange.
The FTSE 100 <.FTSE> index is seen falling on Friday, retreating after gains in the previous session, as investors awaited GDP releases from both the UK and the United States and a major speech by Federal Reserve Chairman Ben Bernanke.
Boeing Co has pushed back delivery of its first 787 Dreamliner by several weeks due to a delay in the availability of a Rolls-Royce engine which is needed for the final phases of flight testing.
Japan opened up its gallows for the first time to domestic media on Friday, a move that could spark public debate over executions in a country where a hefty majority supports retaining the death penalty.
Japan's core consumer prices fell for the 17th straight month in July on an annual basis in a sign that deflation remains deeply entrenched, boding ill for a fragile economy faced with a surging yen.
Businessman Asil Nadir flew back to Britain on Thursday, 17 years after he fled while awaiting trial on theft charges stemming from the collapse of his Polly Peck business empire.
New research shows older men's sex hormone levels depend on both race and geographical location, casting further doubt on the criteria for male menopause.
If you're frequently bothered by waking in the middle of the night to empty your bladder, there may be some simple and drug-free lifestyle adjustments that can help, a small study suggests.
Global automakers in India are planning to launch new models and boost investment in the country, executives said at a conference, signaling brisk demand in one of the fastest growing car markets in the world.
People with insulin resistance and type 2 diabetes are more likely to develop plaques in the brain associated with Alzheimer's disease, researchers in Japan reported on Thursday.
Toyota Motor Corp said on Wednesday it wants to reach cumulative sales of 5 million hybrid vehicles in the early part of this decade.
Gold prices mixed in early Asian trade Wednesday but likely to advance further as signs of an economic slowdown may prompt investors to boost their holdings of the metal to try to preserve their wealth Spot gold was seen trading at $1231.35 an ounce at 11.30 a.m Singapore time while U.S. gold futures for December delivery fell $1 to $1,232.4 an ounce after rising as high as $1,237.50 on Tuesday.
