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Haruhiko Kuroda


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ADB's Kuroda: Return of Asia currency crisis unlikely

Many emerging Asian economies are facing balance of payment challenges but their currencies are unlikely to come under stress or significant pressure in the coming months or years, the head of the Asian Development Bank said on Friday. The region's biggest concern was inflation and Asian central banks have successfully tightened monetary conditions so far, Haruhiko Kuroda said, although...

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ADB, World Bank to help improve Pacific infrastructure

Manila, Aug 20 (Xinhua) The Asian Development Bank (ADB) Wednesday said it will cooperate with Australia, New Zealand and the World Bank to improve infrastructure in the Pacific Island countries. Australian Prime Minister Kevin Rudd, New Zealand Prime Minister Helen Clark, ADB chief Haruhiko Kuroda and World Bank chief Robert B. Zoellick endorsed a joint [...]

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Down Under leaders launch Pacific infrastructure initiative

Wednesday 20th August, 2008Down Under leaders launch Pacific infrastructure initiative Big News Network.com Wednesday 20th August, 2008 Prime Minister of Australia Kevin Rudd, New Zealand Prime Minister Helen Clark, Asian Development Bank President Haruhiko Kuroda and World Bank Group President Robert B. Zoellick Wednesday launched a new Pacific Region Infrastructure Facility.The joint...

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ADB, World Bank to help improve Pacific infrastructure

Manila, Aug 20 (Xinhua) The Asian Development Bank (ADB) Wednesday said it will cooperate with Australia, New Zealand and the World Bank to improve infrastructure in the Pacific Island countries.Australian Prime Minister Kevin Rudd, New Zealand Prime Minister Helen Clark, ADB chief Haruhiko Kuroda and World Bank chief Robert B. Zoellick endorsed a joint initiative of Pacific Region Infrastructure...

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ADB appoints new vice-president

MANILA, Aug. 15 (PNA) -- The Board of Directors of Asian Development Bank (ADB), acting on the recommendation of President Haruhiko Kuroda, approved the appointment of Zhao Xiaoyu as Vice-President (Operations 1).

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China's Zhao appointed by ADB as Vice-President

The Board of Directors of the Asian Development Bank (ADB) has approved the appointment of China's Zhao Xiaoyu as Vice-President of the development institution, the lender said in a statement on Thursday. The appointment was made on the recommendation of ADB President Haruhiko Kuroda, according to the statement. Zhao succeeds Jin Liqun who retired from ADB's service on July 31, said the...

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No Serious Downturn for Asian Economies

High inflation pressuring Asian economies, but ADB president said region remains robust. Soaring inflation is battering Asian economies and threatens to stifle growth, but the still-robust region isn't at risk of a serious downturn, said Asian Development Bank President Haruhiko Kuroda Friday. Energy and food prices are hitting record highs and pushing up inflation -- 7.7 percent in China,...

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G8 faces pressure to raise food aid

The Group of Eight richest nations will come under strong pressure at their annual summit in Hokkaido next week to boost food aid sharply, after the Asian Development Bank added its voice to those warning that rising prices pose a grave threat to the world’s poor. Haruhiko Kuroda, ADB president, said soaring prices for cereals, rice and other staples risked malnutrition for 1bn Asians,...

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Inflation Asia's biggest problem

INFLATION is the "number one challenge" facing emerging Asian economies, with soaring food prices raising the spectre of malnutrition for Asia's poorest, Asian Development Bank president Haruhiko Kuroda says.