Singapore posts negative CPI growth in 2016, higher energy prices to support this year
Jan 24, 2017 05:19 am UTC| Economy Commentary
Singaporean consumer inflation for 2016 registered a negative growth for two consecutive years, coming at -0.5 percent after posting same negative growth of -0.5 percent in 2015. However, the days of negative inflation...
Mexican government announces measures to lure capital inflows
Jan 23, 2017 16:33 pm UTC| Commentary Economy
Mexicos foreign trade (renegotiation of NAFTA) and immigration are likely to be impacted. Owing to the high budget deficit, fiscal policy has little leeway for economic stimuli. The initial symptoms are visible in the...
Central Bank of Turkey likely to hike rates at Tuesday's policy meet
Jan 23, 2017 14:34 pm UTC| Commentary Central Banks Economy
Central Bank of Turkey (CBT) meets Tuesday to decide monetary policy and is likely to hike the benchmark repo rate by 50 bp to 8.50 percent. Turkey has exceeded its inflation target of 5 percent for a very long time. It...
German inflation likely to rise 2 pct in January, says Bundesbank
Jan 23, 2017 11:43 am UTC| Economy Commentary
German consumer inflation is expected to increase to the European Central Banks (ECB) target of 2 percent in January for the first time since 2014 following past gains in crude prices, said the Bundesbank in its monthly...
Japan alarms India with WTO on steel duties
Jan 23, 2017 10:44 am UTC| Economy Commentary
Japan has threatened India to take it to the World Trade Organisation (WTO) over restrictions that nearly halved Japanese steel exports to the South Asian nation over the past year, reported Reuters. Japan, worlds...
Money moving out of China despite stable economic growth
Jan 23, 2017 09:07 am UTC| Economy Commentary
The Chinese real gross domestic product (GDP) grew at 6.8 percent y/y in the last-quarter of 2016, registering a sixth consecutive quarter in which growth has been between 6.6-7.0 percent. On the contrary, money is moving...
US under Trump Series: Trump undoubtedly inherit stronger economy but scope of improvements immense
Jan 23, 2017 08:38 am UTC| Commentary Economy
Democrats and supporters of President Obama argue against Donald Trump, who said the previous few administration worsened the economic and trade conditions, where thousands of jobs moved away from the United States along...