Weak yen positive for economy if synchs with fundamentals: BOJ's Kuroda

(Reuters) - Bank of Japan Governor Haruhiko Kuroda said on Friday that the yen's weakening is broadly positive for the Japanese economy as long as it reflected the underlying fundamentals.

Fed's Fisher unworried by current low inflation

(Reuters) - Dallas Federal Reserve Bank President Richard Fisher said he is "not uncomfortable" with the current low level of U.S. inflation, and will not vote for or support any policy that drives it above the Fed's long-term 2-percent goal.

China Hedge Fund Credence to Boost Stocks on QFII Quota

Credence Oriental Trade Enterprise Ltd. (CRDOTPL), a China hedge fund that has beaten 98 percent of its rivals, will boost its Chinese stock holdings on the prospect of economic expansion and increased equity purchases by foreigners.