BEIJING, Sept. 22 (UPI) -- China and Japan have renewed a currency trading agreement designed to prevent another financial crisis in Asia.

JEJU, South Korea, May 17 (UPI) -- The annual meeting of the Asian Development Bank closed Monday, with calls for concerted efforts to battle rising oil prices and global terrorism.

CHEJU, South Korea, May 15 (UPI) -- Finance ministers from 13 East Asian countries agreed Saturday on a program of monetary cooperation and bond market development.

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MANILA, Philippines, Aug. 1 (UPI) -- Given the current low inflation environment and interest rate differentials with the United States, Philippine monetary policy could accommodate a slight widening of the government's budget deficit, central bank governor Rafael Buenaventura said.

MANILA, Philippines, July 30 (UPI) -- A common currency for the ASEAN countries may be four decades away, but governments should seriously start to consider the possibility now as the benefits of such currency outweigh the disadvantages, says an Asian Development Bank economist.

SEOUL, July 11 (UPI) -- Alarmed by a rapid surge in the won against the U.S. dollar, South Korean economists are calling on their country to make aggressive efforts to create a common