Hot sectors in a tepid recovery
The energy, finance, technology and healthcare industries are expected to be the hottest areas for dealmaking in 2010. Full Article | Full Coverage
BOJ Suda: rate move needed when sure about economy
(For more stories on the Japanese economy click [ID:nECONJP])
KANAZAWA, Japan, Aug 28 (Reuters) - Bank of Japan board member Miyako Suda said on Thursday that once the BOJ is sure about the economy it is desirable to take rate action, but she also said she has no bias towards a rate move at present.
She said in a news conference in Kanazawa, central Japan, that a rate decision should be made early and with latitude so as to avoid any situation where the central bank ended up needing to raise rates continuously and rapidly. (Reporting by Yoko Nishikawa)
