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Trump's Yuan Worries, Nobel Winners, Jokowi's Jobs Woe: Eco Day

Published 2018-10-08, 06:25 p/m
© Reuters.  Trump's Yuan Worries, Nobel Winners, Jokowi's Jobs Woe: Eco Day

(Bloomberg) -- Welcome to Tuesday, Asia. Here’s the latest news from Bloomberg Economics:

  • The Trump administration is concerned about the yuan’s depreciation as the Treasury Department weighs whether to name China a currency manipulator in a report due out next week
  • New York University professor Paul Romer and Yale’s William Nordhaus share this year’s Nobel Prize in economics. One of them is very vocal about his peers, while the other is more concerned about the climate
  • As Indonesia’s Joko Widodo bids for a second term, a skills shortage that’s leaving tens of millions locked out of higher-paid jobs is weighing on his quest to develop the economy
  • European Central Bank officials may consider speeding up the process of removing their extraordinary stimulus, says a Governing Council member
  • The better-than-expected growth rates in the U.S. economy are set to dissipate unless productivity picks up, St Louis Fed Chief James Bullard said in a Singapore speech
  • Here’s our guide to understanding the PBOC’s latest policy move

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