Monday, 28 October 2013

Reuters: Business News: 'Abenomics' helped counteract Asia capital outflows: IMF

Reuters: Business News
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'Abenomics' helped counteract Asia capital outflows: IMF
Oct 29th 2013, 01:35

TOKYO (Reuters) - An increase in Japanese foreign direct investment and bank lending to Asia has helped counteract capital outflows triggered by expectations that the U.S. Federal Reserve will soon taper its asset-buying program, the International Monetary Fund's top official for Asia said on Tuesday.

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