News Highlights: Top Economic Stories of the Day


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Japan MOF, FSA, BOJ Officials to Meet to Discuss Financial Markets

Japanese government and central bank officials are planning to meet later in the day to discuss global markets, the Ministry of Finance said Thursday, in a move underscoring their renewed concerns about the rising yen. (published 0245 GMT)

Philippine Central Bank Says Fed Holding Off May Lift Peso

China Cinda Asset Hires Banks to Handle USD-Denominated Offshore Preference Share Offering -- Document

China Cinda Asset Management Co., Ltd. has hired banks to handle its planned U.S. dollar-denominated, additional tier 1 capital offshore preference shares offering, according to a mandate announcement seen Thursday by The Wall Street Journal. (published 0126 GMT)

Australia Central Bank Won't Be Rigid on Inlation Target - Governor

The Reserve Bank of Australia won't be overly doctrinaire in enacting policy around its 2%-3% inflation target, its new governor told parliament Thursday. (published 0110 GMT)

China Launches Safeguard Investigation on Imported Sugar

China's commerce ministry Thursday said it has launched a so-called safeguard investigation on sugar imported between January 2011 and March of this year. (published 0201 GMT)

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