South Korean exports fall in October on nationwide labor strike, Samsung’s massive recall

Nov 01, 2016 09:59 am UTC| Commentary Economy

Exports in South Korea fell during the month of October, following nationwide labor strike amid Samsungs massive recall of its Galaxy Note 7, following explosions of its batteries in the global market. South Korean...

Russia manufacturing PMI hits 4-year high in October

Nov 01, 2016 09:01 am UTC| Commentary Economy

The manufacturing sector in Russia hit a 4-month high during the period of October, as businesses recorded marked increases in production, new orders and outstanding business. The seasonally adjusted Markit Russia...

BoT likely to stay pat through 2016, GDP growth to remain subdued

Nov 01, 2016 07:24 am UTC| Commentary Central Banks Economy

The Bank of Thailand (BoT) is expected to stay pat through 2016 and maintain its focus on the relative strength of the baht. Also, growth in gross domestic product (GDP) is expected to remain subdued in the medium term,...

RBA monetary policy: Assessing future bias

Nov 01, 2016 07:09 am UTC| Commentary Economy Central Banks

Reserve Bank of Australia (RBA) chose to keep the interest rate steady at 1.5 percent. Lets look at the details of policy announcement to assess the bias of RBA. Key highlights RBA notes that global economy is...

China’s manufacturing PMI rises to over 2-year high in October

Nov 01, 2016 07:02 am UTC| Commentary Economy

Manufacturing activity in China rose to more than two-year high during the month of October, offering further evidence of stability in the worlds second-largest economy, in a sector that has suffered excess...

South Korea October consumer prices rise at fastest pace in eight months

Nov 01, 2016 06:36 am UTC| Commentary Economy

Consumer prices in South Korea rose at the fastest pace in eight months during the period of October, with inflation accelerating faster than expected. Overall consumer prices in South Korea were up 1.3 percent on year...

Renminbi Series

China's currency needs reform at home before gaining more traction internationally

Nov 01, 2016 05:12 am UTC| Insights & Views Economy

In Chinese, renminbi means the currency of the people. Yet for so long Chinas currency has been an institution of state-run capitalism, serving vested interests under an investment driven growth model. The reforms that...