Hong Kong jobless rate declines in November, still economic outlook remaines cloudy

Dec 19, 2016 10:15 am UTC| Commentary Economy

The rate of unemployment in Hong Kong declined during the month of November on lesser jobs available in the professional and businesses sector. Hong Kongs jobless rate fell to 3.3 percent in the three-month period ended...

China new home prices cool further in November as government’s real estate curbs weigh on

Dec 19, 2016 08:48 am UTC| Commentary Economy

New home prices in China cooled down further during the month of November, following the governments imposition of real estate regulations, which weighed on the housing market prices. The countrys overheated market...

Central Banking Series

CNB to keep policy rate unchanged, likely to reiterate plan to exit EUR/CZK floor in mid-2017

Dec 19, 2016 08:00 am UTC| Central Banks Commentary Economy

The Czech National Bank (CNB) is expected to keep the policy rate unchanged at its monetary policy meeting scheduled to be held on December 22. Recent communications by the central bank suggest that it plans to exit its...

Australia’s MYEFO sees budget deficit at USD36.5 bln on softer labor market, lower GDP expectations

Dec 19, 2016 06:56 am UTC| Commentary Economy

According to the Australian mid-year Economic and Fiscal Outlook (MYEFO), the 2016-17 budget deficit is now expected to be USD36.5 billion rather than the USD37.1 billion deficit expected in the May 2016 Budget. However,...

New Zealand ANZ business confidence rises in December on upbeat economic outlook, higher profit expectations

Dec 19, 2016 06:28 am UTC| Commentary Economy

New Zealand business confidence rose during the month of December, following upbeat economic and business outlook and higher profit expectations in the near term. Also, firms own activity expectations are festive and...

Japan’s export performance remains upbeat in November on declining yen, Chinese shipments rise

Dec 19, 2016 05:51 am UTC| Commentary Economy

Exports in Japan remained upbeat during the month of November, although trade surplus during the period, eased. A slumping yen, coupled with a rise in Chinese shipments, helped bolster trade performance. Also, export...

What are the facts on jobs and growth in Australia?

Dec 19, 2016 05:46 am UTC| Insights & Views Economy

There have been a lot of jobs created this year. The economy is actually not going too badly in comparison particularly to other OECD countries, we have the highest growth rate in the G7 so we are getting some things right...