Kazuo Ueda – Charm

China eyes 3-way currency swap with Japan and South Korea amid Trump’s tariff war: source

Cs news10 months ago02 mins

China is in talks with Japan and South Korea – both US allies – about a possible trilateral currency swap to bolster the region’s financial safety net and deepen economic cooperation amid US President Donald Trump’s trade war, according to a source familiar with the issue. Pan Gongsheng, governor of the People’s Bank of China…

BOJ’s Ueda expects tightening job market to push up wages

Cs news12 months ago06 mins

By Howard Schneider and Leika Kihara JACKSON HOLE, Wyoming (Reuters) -Bank of Japan Governor Kazuo Ueda said wage hikes are spreading beyond large firms and likely to keep accelerating due to a tightening job market, signaling his optimism that conditions for another interest rate hike were falling into place. The remarks are likely to reinforce…