Taiwan’s central bank likely to ease monetary policy on weak growth outlook
Jun 29, 2016 10:39 am UTC| Commentary Central Banks
Weak external demand has been muddling Taiwanese economic rebound, while underlying inflationary pressures continue to be weak. The nations central bank is expected to ease its policy again during its June meeting amidst...
Referendum jitters lead to decline in sentiment across Europe
Jun 29, 2016 10:17 am UTC| Commentary
European sentiment report came as thefirst sign of referendum jitters. The report doesnt cover much of the actual tensions ppost-referendum which means in the coming months we may see further deterioration. According to...
Philippines sees budget surplus in April on increase in income tax collection
Jun 29, 2016 10:14 am UTC| Commentary Economy
Philippines witnessed a budget surplus in the month of April, following strict deadlines that marked payment of income taxes. Under the Aquino administration, government revenues rose at the fastest pace in 11 months,...
UK's 10-year gilt yield hovers below 1 pct mark with downside risk
Jun 29, 2016 09:50 am UTC| Commentary
The UK 10-year gilt yield has stabilised between Mondays record-low of 0.93 percent and the 1.00 percent mark on Wednesday, and will probably hover in this area (with risks on the downside) in the absence of further...
China Investment Corp set to appoint Shanghai’s Deputy Mayor as General Manager
Jun 29, 2016 09:36 am UTC| Commentary
China Investment Corp (CIC), the countrys sovereign wealth fund, is set to appoint Shanghais deputy mayor Tu Guangshao as its new general manager, according to sources. Tu will replace Li Keping, who will be retiring from...
Federal Reserve member Powell warns on Brexit effect
Jun 29, 2016 09:31 am UTC| Commentary
Jerome Powell, amember of the Federal Reserves Board of Governors has warned of the potential knock-on effects of the referendum in the United Kingdom, where people voted against staying in the European Union. However, he...
Consumer prices in Spain fall for 6th straight month
Jun 29, 2016 09:19 am UTC| Commentary
Consumer prices in Spain fell for the sixth consecutive month in a row, fuelled by economic turmoil in the Eurozone, concerning UKs Brexit referendum that surprised markets last week. However, the fall was slower than what...
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