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...

Chinese sovereign bonds rally on rising worries over economic growth

Dec 27, 2016 06:05 am UTC| Commentary

The Chinese sovereign bonds rallied Tuesday as investors poured into safe-haven instruments amid rising concerns that the country may witness subdued GDP growth with the country unwilling to raise more debt to boost its...

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...

JGBs remain steady in thin holiday trading, investors shrug off mixed CPI figures

Dec 27, 2016 05:14 am UTC| Commentary

The Japanese government bonds traded nearly flat Tuesday as investors remain sidelined in any big deal as many major global markets are closed for a holiday. We foresee that the bond prices will keep drifting between small...

Most Asian markets marginally higher, gold stabilizes above 1,130

Dec 27, 2016 04:10 am UTC| Commentary

Asian indices were trading on a higher note on Tuesday. Gold was trading around $1,136 mark while silver was trading around $15.81 levels. South Koreas Kospi was trading 0.16 percent higher at 2,041.72 points. Tokyos...

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...