IMF researchers say Japan monetary easing has benefits for Asian economies

Courtesy The News International WASHINGTON: Japan´s extraordinarily easy monetary policy, a source of friction with the United States for pushing the yen´s value down, has had some positive effects on emerging Asian economies, including increased growth and equity prices, International Monetary Fund researchers have found. The IMF findings were released in a paper on Friday,…

Oil prices rise as turmoil in Nigeria adds to global supply disruptions

Courtesy The News International SINGAPORE: Oil prices rose in early trading on Friday as turmoil in Nigeria, shale bankruptcies in the United States and crisis in Venezuela all contributed to tightening supplies. Despite this, brimming inventories across the world were preventing supply shortfalls and sharper price spikes, traders said. International Brent crude futures LCOc1 were…