Macroeconomics highlights to 10:10 GMT

Macroeconomics highlights to 10:10 GMT

	Published : Mon, 26 Feb 2007 11:26 By : Agencies Print this Story

2007-02-26 09:20:50

Indian Railways sees 4.4 bln usd surplus in current fiscal year

NEW DELHI (XFN-ASIA) - Indian Railways will post a surplus of 4.4 bln usd in

the current fiscal year to March, Railways Minister Lalu Prasad Yadav said while

presenting the rail budget for the next fiscal year.

2007-02-26 06:18:45

Bank of Japan's forward-looking policy, data-dependence can coexist

TOKYO (XFN-ASIA) - The Bank of Japan's nine-member policy board agreed at a

regular meeting last month that the central bank does not change interest rates

based on a schedule set in advance and that it can maintain its

'forward-looking' policy while being 'data-dependent,' the minutes of the Jan

17-18 meeting released today showed.

2007-02-26 05:55:30

Bank of Japan's forward-looking policy, data-dependence can coexist - minutes

TOKYO (XFN-ASIA) - The Bank of Japan's nine-member policy board agreed at a

regular meeting last month that the central bank does not change interest rates

based on a schedule set in advance and that it can maintain its

'forward-looking' policy while being 'data-dependent,' the minutes of the Jan

17-18 meeting released today showed.

2007-02-26 02:23:49

China listed firms Jan fund-raising 27.43 bln yuan, up 2,393.73 pct

BEIJING (XFN-ASIA) - Listed companies raised 27.43 bln yuan from the stock

market in January, up 2,393.73 pct year-on-year, the China Securities Regulatory

Commission (CSRC) said in a statement on its website.

2007-02-26 02:07:47

Hong Kong's Tang unlikely to announce major tax cuts in budget speech - report

HONG KONG (XFN-ASIA) - Hong Kong's Financial Secretary Henry Tang will not

announce any major tax cuts in his budget speech on Wednesday, preferring

instead to hand out subsidies to some sections of the public, The Standard

reported, citing unnamed sources.

2007-02-26 00:39:54

Japan's huge financial assets to support growth, says BoJ's Fukui

TOKYO (XFN-ASIA) - To support sustained economic growth, Bank of Japan

governor Toshihiko Fukui on Sunday urged households to take calculated risks in

shifting some of their combined 1,500 trln yen in financial assets to

higher-yielding investments from cash and low-return savings.