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
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
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
Will the Chinese Yuan, Indian Rupee, and Korean Won Benefit from Global Monetary Policy Changes? The portrait of Mahatma Gandhi is displayed on Indian rupee banknotes in an arranged photograph in Bangkok, Thailand, on Wednesday, Sept. 12, 2018. Brent Lewin | Bloomberg | Getty Images The Chinese Yuan and Monetary Policy The Chinese yuan has … Read more
Japan’s Central Bank Expected to Exit Negative Interest Rate Regime Japan’s Central Bank Expected to Exit Negative Interest Rate Regime An editorialized picture of a falling graph against the Japanese flag. Exiting Negative Interest Rate Regime Japan’s central bank is expected to exit its negative interest rate regime this spring, according to a former Bank … Read more
Latest News: Hong Kong-listed China EV stocks rise on Beijing’s plan to boost sector’s growth Hong Kong-listed China EV stocks rise on Beijing’s plan to boost sector’s growth 5 Hours Ago Hong Kong-listed shares of Chinese electric vehicle companies soar after China’s commerce ministry reveals plan Hong Kong-listed shares of Chinese electric vehicle companies rose … Read more
China and Hong Kong stocks surge 2% as healthcare, tech firms gain Mainland Chinese and Hong Kong equity benchmarks surged 2% on Tuesday, led by healthcare and tech stocks, respectively. This comes after Chinese regulators took measures to calm a recent sell-off in markets, including a statement from the country’s securities and regulatory commission that … Read more