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Japan’s Motegi: Japan maintains primary budget surplus target

Japanese Economy Minister Motegi is on the wires now, via Reuters, noting that Japan’s government maintains primary budget surplus target in order to reassess the target in next year's mid-term review.

His comments come in response to the recent reports of Japan’s PM Abe likely to defer the timing for balancing a primary budget from the current fiscal 2020 to later in the decade.

USD/JPY drops 112.00 on North Korea news

The bid tone around the Japanese Yen strengthened, pushing the USD/JPY pair to a session low of 111.96 on news that North Korea countermeasure may mea
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S&P cuts Hong Kong to AA+ from AAA; Outlook Stable

The US-based ratings agency, Standard and Poor’s (S&P) downgrades Hong Kong’s credit ratings, following a cut in China's credit ratings announced a da
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