Japan housing starts rise in November at the weakest pace in three months
Dec 27, 2016 10:47 am UTC| Commentary Economy
Housing starts in Japan rose during the month of November, albeit at the weakest pace in three months, government data showed. Japans Housing starts grew at a slower pace of 6.7 percent year-on-year in November,...

Norway unemployment falls in December, likely to rise in the months ahead
Dec 27, 2016 06:59 am UTC| Commentary Economy
The number of unemployed people in Norway fell during the month of December, while the rate of unadjusted jobless people remained unchanged during the period. However, the countrys jobless rate is anticipated to rise in...
Japan unemployment rate marginally rises in November, jobs availability improves
Dec 27, 2016 06:43 am UTC| Commentary Economy
The rate of unemployment in Japan marginally rose during the month of November, adding to already persisting worries over the ailing state of the economy. However, the availability of jobs improved during the period, which...
Japan household spending falls in November for ninth straight month amid stagnant labor market
Dec 27, 2016 05:57 am UTC| Commentary Economy
Household spending in Japan fell for the ninth consecutive month during the period of November, following stagnancy in the countrys labor market and weak wages. The economy continues to struggle with stubborn deflation,...
Japan consumer inflation rises for second consecutive month in November, ex-food prices decline
Dec 27, 2016 05:31 am UTC| Commentary Economy
Consumer price inflation in Japan rose for the second straight month during the period of November, although it posted decline on an annualized basis, signaling thepresence of strong disinflationary headwinds for the...
Russia's economy on track for gradual recovery - President Vladimir Putin
Dec 26, 2016 15:47 pm UTC| Commentary Economy
Speaking at an annual end-of-year news conference on Friday, Russian President Vladimir Putin said that the countrys economy was on track for a gradual recovery. Slump in oil prices and the subsequent ruble crisis pushed...
BoJ's Kuroda defends yield curve control, says policy helping Japan overcome stagnation
Dec 26, 2016 15:06 pm UTC| Commentary Economy Central Banks
Bank of Japan Governor Haruhiko Kuroda in a speech at Keidanren, Japans biggest business lobby on Monday, strongly defended the central banks yield curve control policy. He said that the new policy framework had kept...