Global Geo-political Series: North Korea defies global pressure to test fire missile on Sunday
May 15, 2017 07:46 am UTC| Commentary
North Korea conducted its latest weapon test on Sunday, defying global pressure from geopolitical powers like the United States, Russia, and China. The test comes amid global pressure on North Korea to reign on its nuclear...
Global Geo-political Series: NSA in spotlight after massive ransom ware attack across globe
May 15, 2017 07:25 am UTC| Commentary
United States National Security Agency (NSA) came under the global spotlight after unknown numbers of cyber attackers launched a global ransomware attack on Friday using one of its stolen tool named Eternal Blue that uses...
Bank Indonesia likely to hold policy rate steady this week until stronger data is out, says DBS Bank
May 15, 2017 06:53 am UTC| Commentary Central Banks Economy
Bank Indonesia (BI) is widely expected to hold its policy rate steady this week as there is no compelling reason to trim its policy rate further at this point. Inflation is already back above 4 percent y/y and the upward...
New Zealand close higher despite rise in Q1 retail sales; market eyes GDT price auction
May 15, 2017 06:06 am UTC| Commentary Economy
The New Zealand bonds closed higher Monday despite a rise in the countrys retail sales for the first quarter of this year. Further, investors are closely eyeing the GlobalDairyTrade (GDT) price auction, scheduled to be...
German Election: Another decisive victory for Merkel on Sunday’s regional election
May 15, 2017 05:59 am UTC| Commentary
German Chancellor Angela Merkels Christian Democratic Union (CDU) won a decisive and a surprise victory on Sunday in a regional election in Germanys most populous state, which is sure to give a morale boost ahead of...
Oil in Global Economy Series: Oil jumps after Saudi Arabia and Russia agrees to deal extension
May 15, 2017 05:33 am UTC| Commentary
Saudi Arabias oil minister Khalid al-Falih and the Russian energy minister Alexander Novak announced on Monday that the two of the biggest oil exporters in the world have agreed that the current supply reduction deal,...
May 15, 2017 05:19 am UTC| Commentary Economy
The Australian government bonds hopped on the first trading day of the week, tracking strength in its United States counterpart, after reading a set of weaker-than-expected economic data for the month of April, released...