Bank of Korea leaves rates unchanged at 3% in a surprise move
The Bank of Korea (BOK) in Seoul on Dec. 28, 2024. Kim Jae-Hwan | Lightrocket | Getty Images South Korea’s central bank Thursday held its...
Tag : Asia Economy
New Zealand won’t ‘get rich’ by focusing trade in the South Pacific alone, PM says
Cattle photographed in New Zealand. Agriculture plays a major role in New Zealand’s economy, especially when it comes to exports. David Clapp | Stone |...
India’s inflation slows to lower-than-expected 5.22% in December, boosting case for rate cuts
People buy vegetables at a vegetable market in Siliguri, India, on December 28, 2024. Nurphoto | Nurphoto | Getty Images India’s inflation declined for a...
China’s imports post surprise growth in December, exports also beat expectations
An aerial view of a container ship leaving the dockyard in Qingdao in east China’s Shandong province. Future Publishing | Future Publishing | Getty Images...
10-year Treasury yield spikes to highest level since late 2023 after hotter-than-expected jobs report
U.S. Treasury yields jumped to their highest level since November 2023 after the latest jobs data came in stronger than economists had forecasted. The 10-year...
Why China’s central bank has stopped bond purchases
BEIJING — The Chinese central bank halted its government bond purchases Friday in an attempt to slow a one-way bonds trade that’s put unwanted downward...
Chinese lenders have a massive challenge at hand: They can’t lend enough
SHENZHEN, CHINA – NOVEMBER 16: A boy sits outside a branch of the Bank of China while using a smartphone on November 16, 2024 in...
Asia’s central banks face a formidable challenge: An ascendant U.S. dollar
A man looks in the window of a money changer showing the rate of various currencies against the Japanese yen, along a street in central...
China’s consumer inflation slows further in December, stoking deflation worries
Customers purchase fruit at a supermarket on December 9, 2024 in Qingzhou, Shandong Province of China. Vcg | Visual China Group | Getty Images China’s...
Indian stocks will benefit from the Trump 2.0 era, portfolio manager says
Investors eyeing up firms with the potential to become the “blue chip companies of the future” should look to India, according to GIB Asset Management’s...