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- Japan Aug Watchers' Index 45.1 Vs July 49.8, 1st Drop In 2 Mths -- Japan Aug Watchers' Forward-Looking Index 40.0 Vs July 46.6 -- Japan Watchers' Outlook Index Down For 4th Month In Row -- Japan Govt Downgrades View: Move For...

Wed, 09/08/2010 - 02:53

The Chinese banking regulator has acknowledged the systemic risk posed by the country's lenders, urging them to tighten up risk controls. The statement from Liu Mingkang, who is director of the China Banking...

Wed, 09/08/2010 - 03:14

Eurozone banks can't depend on the European Central Bank's exceptional measures forever and the central bank is likely to continue to withdraw the support next year, National Bank of Belgium Governor Guy Quaden said in an...

Wed, 09/08/2010 - 04:19

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US CBO Estimates $95B Aug Deficit; $8b Less Vs Year Ago

WASHINGTON (MNI) - The following is the text of the U.S. Congressional Budget Office's August Budget Review with it's estimate for last month's deficit. The U.S. Treasury Department is scheduled to release its monthly statement September 13:

Japan MOF: China Buys Y640.8 Bln In Short-Term Paper In July

BEIJING (MNI) - China bought Y640.8 billion in short-term Japanese bills in July, according to data published by Japan's Ministry of Finance on Wednesday.

China's net holdings stood at Y583 billion versus Y456.7 billion the previous month.

However, China also sold Y57.7 billion in medium- to long-term Japanese bonds in July.

Japan July Core Machinery Orders +8.8% M/M, Above Expected

TOKYO (MNI) - Japan's core private-sector machinery orders surged by a seasonally adjusted 8.8% in July from the previous month, posting the second straight m/m rise after rising 1.6% in June and slumping 9.1% in May, the Cabinet Office said on Wednesday.

Japan Aug M2 Money Stock Growth Rebounds Slightly To 2.8% Y/Y

TOKYO (MNI) - Japan's money stock, measured by the key M2 aggregate, rebounded slightly to 2.8% y/y in August from +2.7% in July after having decelerated each of the previous two months, the Bank of Japan said on Wednesday.

Money stock growth had accelerated in the March-May period, reaching a recent peak of 3.1% in May.

Japan August Bank Lending -2.0% Y/Y, 9th Y/Y Drop In Row

TOKYO (MNI) - Outstanding loans by Japanese banks fell 2.0% year-on-year to Y394.20 trillion in August, marking the ninth straight y/y drop, with the pace of decline accelerating slightly from the unrevised -1.9% rate in July, Bank of Japan data released on Wednesday showed.

"The pace of the y/y drop accelerated from the previous month but there is no major change in the bank lending trend," a BOJ official said.

KPMG/REC: UK Permanent, Temp Jobs Growth Hits 10 Month Low

LONDON - The growth rate of UK permanent jobs and temporary jobs slowed to a 10-month low in August and salary growth was softer, the latest Markit survey of the labour market for KPMG/REC found.

UK Food Price Inflation Hits 13-Month High In Aug: BRC

China Economic Data Calendar

All figures year-over-year percent changes unless otherwise specified.

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