China should rein in yuan intervention and let the currency advance to curb growth in its $3.95 trillion foreign-exchange reserves, according to a former central bank adviser and the nation’s biggest investment bank.
Asian stocks rose this week after U.S. data and earnings boosted optimism about the world’s biggest economy while further signs of slowdown in China stoked speculation the government will add stimulus to stabilize growth.
Defense Minister Itsunori Onodera today flies to Japan’s westernmost island to attend the ground- breaking ceremony for a military base that will be the closest to a chain of isles also claimed by China.
Russian shares climbed the most in more than three weeks and Asian stocks advanced after talks in Geneva produced an accord aimed at easing the conflict in Ukraine. Rubber slid to the lowest since 2009.