BoJ's Kuroda defends yield curve control, says policy helping Japan overcome stagnation
Dec 26, 2016 15:06 pm UTC| Commentary Economy Central Banks
Bank of Japan Governor Haruhiko Kuroda in a speech at Keidanren, Japans biggest business lobby on Monday, strongly defended the central banks yield curve control policy. He said that the new policy framework had kept...
Beijing to step up property controls to cool residential property market: Xinhua
Dec 26, 2016 14:54 pm UTC| Commentary Economy Real Estate
Speculation has pushed home prices in Beijing too high, and rising social tensions pose enormous challenges to the capitals stability, Xinhua reported, citing the Beijing Municipal Committee. Beijing looks to develop a...
China's industrial output likely to grow around 6 pct in 2017 - Industry Minister Miao Wei
Dec 26, 2016 14:33 pm UTC| Commentary
At a cabinet meeting chaired by Premier Li Keqiang on Friday, Chinas State Council, approved the western development five-year plan. According to the new 2016-2020 plan, China intends to develop the economy of its western...
FxWirePro: Eurozone economy to maintain moderate growth in 2017, ECB unlikely to adopt policy change
Dec 26, 2016 10:34 am UTC| Commentary Economy
The eurozone economy is expected to maintain a moderate rate of economic growth going into 2017, undershooting the European Central Banks (ECB) objective. This will likely keep the central bank in a dovish state, although...
BoJ meeting minutes: Moderate economic recovery continues amid stable global demand
Dec 26, 2016 09:51 am UTC| Commentary Economy
In the Bank of Japans November 1 monetary policy meeting minutes, the 9-member policy board maintained optimism over the rate of economic recovery amid stabilization observed in global consumer demand. The Board noted...
Japan October Leading Index rises to highest in one year, misses market consensus
Dec 26, 2016 07:58 am UTC| Commentary Economy
Japans Leading Index rose to its highest level in almost a year, largely missing what markets ahd initially anticipated. The countrys leading index, which measures the future economic activity, rose to 100.8 in October...
Indian bonds sag ahead of RBI’s CMB auction worth INR500 billion
Dec 26, 2016 07:50 am UTC| Commentary
The Indian sovereign bonds slumped Monday ahead of the Reserve Bank of Indias (RBI) auction of 21 days Government of India Cash Management Bills (CMB) under the Market Stabilisation Scheme (MSS) for a notified amount of...