
BoJ likely to hold interest rate steady
Jan 25, 2017 12:18 pm UTC| Insights & Views Central Banks Economy
Japan on Wednesday reported its first annual trade surplus since 2011 Fukushima nuclear disaster. Data released by the Ministry of Finance on Wednesday showed that Japan posted a 4.07 trillion yen ($35.8 billion) annual...
U.S. withdrawal from TPP concerns trade-dependent South Korean economy
Jan 25, 2017 11:11 am UTC| Economy Commentary
The withdrawal of the United States from the Trans-Pacific Partnership (TPP) agreement has increased risks to global trade, rattling markets. This is of particular concern for South Koreas economy, which is heavily...
USD/JPY likely to breach 130 level by end of 2017
Jan 25, 2017 09:15 am UTC| Economy Commentary
The Bank of Japan (BoJ) in its November 1 monetary policy meeting mentioned its optimism over the growth of the economy, with a moderate rate of recovery observed in the global demand. The central bank is expected to...
US under Trump Series: Trump signs executive orders on TPP, Keystone, and Dakota pipeline
Jan 25, 2017 08:55 am UTC| Commentary Economy
The 45th President of the United States, Donald Trump is doing exactly what he said he would do throughout his campaign. Arrays of executive orders are flying out of the oval office on the very first week of Mr. Trump as...
Jan 25, 2017 07:56 am UTC| Economy Commentary
Fitch Ratings in its latest report mentioned that the property sales in India to tumble by at-least 20-30 percent this year, owing to the disruption caused by demonetisation and general caution on the part of buyers. The...
Moody's reaffirms Australia's ‘AAA’ sovereign credit rating despite surge in government debts
Jan 25, 2017 07:09 am UTC| Economy Commentary
Moodys in its latest report reaffirmed Australias triple A sovereign credit rating despite an increase in government debts. The rating company said that the countrys debt burden is no worse than other countries that hold...
Indonesia non-performing loans stand at 3.2 pct in November, highest since early-2010
Jan 25, 2017 06:29 am UTC| Economy Commentary
Indonesia non-performing loan ratio remained at 3.2 percent as of November 2016, standing at the level similar since July last year. At this level, the non-performing loan was highest since early 2010, but, compared to the...