Fed's Other ‘QE’, Yuan's Risky Behavior, Japan Exports: Eco Day

(Bloomberg) -- Welcome to Wednesday, Asia. Here’s the latest news and analysis from Bloomberg Economics to help get your day started:

• U.S. policy makers may have “slightly overdone it” by hiking in December, though it’s premature to talk about a rate cut, said Federal Reserve Bank of St. Louis President James Bullard
• If you thought the Fed was done with quantitative easing, you might only be half right
• Japanese exports fell for a fifth straight month in April, offering the latest sign that China’s slowdown and its trade conflict with the U.S. are continuing to weigh on Japan’s economy
• India’s economy showed nascent signs of a recovery in April as a general election got underway, helping to somewhat lift the political uncertainty holding back investments
• China’s currency is showing a striking change in trading behavior -- it’s now trading more like a riskier currency, says Yuki Masujima
• How channeling the Ivy League helped a Maori tribe earn $1.3 billion

To contact the reporter on this story: Chris Bourke in Sydney at cbourke4@bloomberg.net

To contact the editors responsible for this story: Nasreen Seria at nseria@bloomberg.net, Tracy Withers

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