US Treasury Secretary Lew: BOJ needs to use all policy tools

At the Milken Institute Global Conference US Treasury Secretary Jack Lew discusses currency practices and BOJ policy, Bloomberg reports. Mr. Lew noted, “BOJ needs to use all policy tools.”

May 4, 2016

Asian stocks drop on weaker Oil, global growth concerns

The Asian stocks snapped the previous rebound and fell sharply this Wednesday, tracking steep losses booked on the Wall Street overnight. While tumbling oil prices combined with resurfacing global growth concerns also weighed heavily on the resource and energy stocks on the regional indices.

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May 4, 2016

China's NDRC: Housing inventory high; downward pressure on investment into economy

Headlines from China’s State Planner, National Development and Reform Commission (NDRC), crossing the wires via Reuters:

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