Japanese PM Abe says North Korean missile launch a grave threat to Japan
LONDON, April 29 North Korea's decision to test-fire a ballistic missile represents a grave threat to Japan, Prime Minister Shinzo Abe said in London on Saturday.
NEW YORK Feb 19 The U.S. Federal Reserve should update its longer-term "exit strategy" for winding down its swollen balance sheet to reflect changes in the plan since it was published in 2011, a top Fed policymaker said on Wednesday.
San Francisco Fed President John Williams, asked about updating the strategy by reporters, said, "When the world changes, we have changed our plan in an appropriate way." He also noted that the Fed has made clear, for example, that it does not intend to sell any of the assets it has bought until perhaps "later on" as it looks to shrink the balance sheet.
April 28 A top U.S. financial regulator said on Friday that it closed the banking unit of First NBC Bank Holding Co, three days after the lender reported accounting issues dating back to at least 2015.