Bank of Japan Keeps Policy Rate Unchanged Despite Lower-than-Expected Inflation The Bank of Japan (BoJ) decided to maintain its policy rate of 0%-0.1% following its monetary policy meeting. A pedestrian walks past the Bank of Japan (BoJ) building in central Tokyo on July 28, 2023. Richard A. Brooks | Afp | Getty Images Policy Rate … Read more
Singapore’s headline inflation rate falls to lowest since September 2021 Singapore’s headline inflation rate fell to its lowest since September 2021, coming in at 2.7% for March. This was lower than the 3.4% rate in February and also below the 3% expected by economists polled by Reuters. The city-state’s core inflation rate – also known … Read more
China’s Economy Grows Faster Than Expected in Q1 China’s Economy Grows Faster Than Expected in Q1 China’s GDP Growth Surpasses Economist Expectations China’s National Bureau of Statistics released official data on Tuesday, revealing that the country’s economy grew faster than expected in the first quarter of 2024. The gross domestic product (GDP) in the January … Read more
Exclusive: India Seals Game-Changing Trade Deal with European Nations Exclusive: India Seals Game-Changing Trade Deal with European Nations Expanding Horizons and Boosting the Economy India flag, stock market, exchange economy, and Trade, oil production, container ship in export and import business and logistics. Texbr | Istock | Getty Images A “Watershed” Deal Paves the Way … Read more
Australia GDP grows 0.2% in the final quarter of 2023 Australia’s Economy Grows Despite Slowing in 2023 Australia’s economy grew by 0.2% in the fourth quarter of 2023, according to the Australian Bureau of Statistics. This growth was driven by government expenditure and private business investment. However, the growth rate was slightly below the Reuters … Read more
Singapore Defends Exclusive Deal for Taylor Swift’s Performance Singapore Defends a Deal that Ensured Taylor Swift Wouldn’t Perform in Neighboring Countries Ashok Kumar/tas24 | Getty Images Entertainment | Getty Images Singapore’s Exclusive Deal for Taylor Swift’s Performance Singapore Prime Minister Lee Hsien Loong said Tuesday that a closed-door deal for Taylor Swift to perform in … Read more
China’s Economic Policy: Outlook and Expectations China’s Economic Policy: Outlook and Expectations A Chinese flag flutters on top of the Great Hall of the People ahead of the opening ceremony of the Belt and Road Forum (BRF), to mark 10th anniversary of the Belt and Road Initiative, in Beijing, China October 18, 2023. Edgar Su … Read more
Paytm shares rise after CEO exits payments bank board Shares of Paytm owner One 97 Communications jumped 5% in early India trading on Tuesday, after the company’s chief executive officer stepped down from the board of its payments bank unit. The company said in a release late Monday that Vijay Shekhar Sharma would exit his … Read more
Japan’s Stock Market Continues Impressive Performance; Yen Weakens Pedestrians walking across with crowded traffic at Shibuya crossing square. Jaczhou | E+ | Getty Images Japan Stock Market Performance Japan’s stock market has emerged as a standout performer in the Asia Pacific region, registering impressive gains over the past year. Both the Nikkei and the broader … Read more
Chinese Lenders Cut Benchmark Loan Rates in Efforts to Revive Property Market Chinese Lenders Cut Benchmark Loan Rates in Efforts to Revive Property Market Introduction China’s leading banks have decided to lower the benchmark five-year loan prime rate, marking the first rate cut since June. This move is part of Beijing’s efforts to stimulate the … Read more