UK house prices edge higher in Aug on rise in taxes, sectoral recovery continues to be lacklustre
Sep 13, 2016 11:19 am UTC| Commentary Economy
Housing prices in the United Kingdom edged slightly higher during the month of August, following the recent rise in taxes; however, the property sector continued to experience a dusty recovery in the wake of post-Brexit...
Investment in China’s real estate shows modest pick-up in Aug as sales continue to expand
Sep 13, 2016 10:59 am UTC| Commentary Economy
Investment in Chinas real estate sector witnessed modest pick up during the month of August as property sales continued to expand during the period. Chinas real estate investment rose 5.4 percent year on year in the...
South Korea’s jobless rate rises modestly in August, BoK likely to tweak monetary policy
Sep 13, 2016 10:48 am UTC| Commentary Economy
Unemployment rate in South Korea rose modestly during the month of August, compared to a year earlier period with the unemployment rate for young adults still remaining high amid a prolonged economic slump. However, a...
NZ food prices post biggest monthly gain in three years, eases pressure on RBNZ
Sep 13, 2016 10:14 am UTC| Commentary Economy
Food prices in New Zealand posted the biggest monthly gain in three years, easing rate cut pressure on the Reserve Bank of New Zealand. The countrys food prices constitute around 19 percent of the consumer price index...
Japan manufacturing conditions improve in Q3 as companies revise up their capital expenditures
Sep 13, 2016 08:31 am UTC| Commentary Economy
Manufacturing and business conditions improved in Japan during the third quarter, as companies revised up their capital expenditure plans, a sign that the economy may be gaining momentum at the start of this quarter, a...
India’s industrial production posts surprise fall in August
Sep 13, 2016 07:52 am UTC| Commentary Economy
Industrial production in India posted a surprise fall during the month of August, remaining well below market expectations, owing to weakness in manufacturing activities. Indias industrial production dropped 2.4 percent...
Sterling may attempt breakout on inflation data
Sep 13, 2016 07:15 am UTC| Commentary Economy
After the Brexit referendum in the United Kingdom, sterling suffered a devaluation against its major trading counterparts and as a result of that, in July, inflation reading surprised to the upside. However, since July,...