China's bond market will double in size from the current $9 trillion over the next five years, overtaking Japan's to become the world's second largest behind the United States', UBS Asset Management said in a report.
A Cabinet Office panel of experts on Thursday effectively confirmed that Japan's current economic expansion continued for the 53rd consecutive month in April, making it the third longest in the postwar period. (Jiji)
If and when the Bank of Japan should reveal its plans to exit its ultra-loose monetary policy has split economists polled by Reuters, with the economy showing signs of recovery even though inflation remains far below the central bank's target. (Japan Today)