TAIPEI, April 11 - The Taiwan dollar dipped on Friday as the central bank and oil firms bought U.S. dollars, and investors covered short positions in the non-deliverable forwards market.
SHANGHAI, April 11 - China's yuan fell on Friday after the central bank set a lower reference rate to dampen speculation of a possible surge in the currency, after it traded above 7.0 to the dollar on Thursday for the first time since 1993.
SEOUL, April 11 - A senior official at South Korea's central bank told Reuters on Friday "there was a change in situation" when asked about the bank's shift in focus toward economic growth at this week's policy meeting.
SEOUL, April 11 - South Korea's central bank on Friday played down the risk of price bubbles in the local housing market, a day after its governor's warnings of an economic slowdown fanned speculation over a near-term interest rate cut.
The Taiwan dollar was off a one-week high on Friday as the impact of the central bank buying US dollars roughly offset foreign fund inflows and exporters selling US dollars.
CHARLOTTE, N.C. - Bank of America Corp. is making major changes to its health care benefits, including giving employees up to $1,200 a year to spend on expenses not covered by insurance.
CHARLOTTE, N.C. Bank of America Corp. is making some major changes to the health care benefits it provides to 150,000 employees. Beginning next year, the Charlotte based bank will consolidate almost all of its health and insurance plans under Aetna Inc.
MANILA, April 10 - Net foreign direct investments into the Philippines rose 15.7 percent to $133 million in January from the same month last year due to higher equity investments, the central bank said on Thursday.
JAKARTA, April 10 - Indonesia's central bank plans to start selling 6-month debt in the third or fourth week of April, a central banker said on Thursday, part of efforts to widen the range of debt instruments and reduce market volatility.