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Morning briefing: China gives green light to Taiwanese banks on mainland

japanginza.jpg

Pedestrians walk through the Ginza district of Tokyo, Japan. A surge in the yen threatens to stunt export gains.

(Photo Credit: Tomohiro Ohsumi/Bloomberg)
1. China's Banking Regulatory Commission gave approval to four banks from Taiwan to set up branches on the mainland, a few days after a landmark trade agreement that will bring the two economies closer took effect.

2. The president of Japanese electronics maker Sharp said the Japanese government should do more to stem the yen's rise to protect exporters.

3. Gold prices climbed to another record high Friday.

By Ariana Eunjung Cha  |  September 17, 2010; 8:38 AM ET
Categories:  *Morning briefing  
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