Thailand government’s spending may work as elixir for economic growth after natural disaster

Jan 25, 2017 12:35 pm UTC| Economy Commentary

The Thailand government is increasing spending to help support growth in the aftermath of the floods. Vice minister in the PMs office Kobsak Pootrakool said last week that the cabinet has approved an 115 billion Thai Bhat...

Central Banking Series

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

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...

India’s property sales to fall in 2017 owing to disruption caused by demonetisation, says FitchRatings

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...