Indonesia's 10-year bond yield dips 30 bps in a week after tax amnesty bill cleared

Jun 30, 2016 07:20 am UTC| Commentary

The Indonesia 10-year bond yield slid nearly thirty basis points in a week to 7.478 percent on Thursday after Parliament approved a tax amnesty and revised 2016 state budget. Also, it is heading towards its lowest since...

Downside risks to German economic outlook return post Brexit vote

Jun 30, 2016 07:17 am UTC| Commentary Economy

Germanys trade and investment are expected to soften in 2016, in spite of a strong start to the year, given the Brexit referendum outcome. Butthe underlying strength of German economy is expected to continue to shield the...

Briferendum Aftermath Series

Briferendum Aftermath Series: EU leaders toughen stance over concessions

Jun 30, 2016 06:57 am UTC| Commentary

European leaders made it quite clear after their first ever 27 member summit that there will be no cherry picking deal available for Britain like Angela Merkel said in the German parliament, Bundestag. It is quite clear...

World Bank predicts Malaysia to grow by 4.4 pct in 2016, 4.5 pct in 2017

Jun 30, 2016 06:55 am UTC| Commentary

The Malaysian economy is likely to grow by 4.4 percent in 2016, ticking marginally higher in the year afterwards, by 4.5 percent, reports from the World Bank prediction showed Thursday. The outlook reflects a gradual...

Japanese bonds nearly flat in quiet trading; focus on May CPI figure

Jun 30, 2016 06:47 am UTC| Commentary

The Japanese short-term government bonds traded nearly flat on Thursday, succumbing to thin trading activity during a relatively quiet session that saw little data of much significance. On the other hand, long-dated JGBs...

Thailand industrial output rises for third straight month in May

Jun 30, 2016 06:42 am UTC| Commentary

Thailands industrial output during the month of May picked up for the third straight month in a row, as major industries continued to boost manufacturing activity. However, the recovery remains fragile with both exports...

New Zealand’s business sentiment soars to six-month high in June

Jun 30, 2016 06:35 am UTC| Commentary Economy

Business confidence in New Zealand soared to a six-month high in June, according to an ANZ survey. A total of 20 percent businesses are positive about the economic outlook in the coming year, up 9 points from...