Today's Paper: Asia

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Today's Paper Asia

Page One

Fed’s Dislike of Negative Interest Rates Points to Limits of Stimulus Measures A1

Fed officials don’t think negative rates are needed in the U.S. because the economy and job market are improving and they are hoping they will never have to use them in the future given their uncertainty about whether the policy works.

World

Forecasts of Brexit Gloom May Be Overdone A2

It’s early, but data so far suggest the British decision to leave the European Union could be another example of a recurring phenomenon: expert predictions of dire consequences to political decisions that end up proving overheated.

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Opinion

Another Obama Parting Gift A12

His final fiscal year federal budget deficit will increase by 35%.

Business & Finance

Beneath Yuan’s Quiet, China Worries Rise B1

Increased government stimulus and better central-bank communication have calmed the currency, but fundamental measures of China’s economic health continue to deteriorate.

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