IMF cuts down Italy’s economic growth forecast on rising post-Brexit uncertainty

Sep 21, 2016 06:27 am UTC| Commentary Economy

The International Monetary Fund has lowered the economic growth forecast for the Italian economy, citing rising uncertainty over Britains shocking exit from the European Union. This is expected to weigh on the countrys...

MAS likely to keep policy on hold in October, manufacturing sector to weigh on growth in H2

Sep 21, 2016 06:11 am UTC| Commentary Central Banks

The Singaporean central bank, Monetary Authority of Singapore (MAS), is expected to keep its policy on hold next month, according to HSBC Global Research. Data released recently have deteriorated, particularly in the labor...

Australian bonds slump as BoJ leaves interest rate unchanged, modifies policy framework

Sep 21, 2016 06:09 am UTC| Commentary

The Australian government bonds slumped Wednesday as the Bank of Japan leave its monetary policy rate unchanged at -0.10 percent and chose to tweak its current Qualitative and Quantitative Easing (QQE) that introduce fresh...

Private consumption, public spending likely to trigger India’s growth this year

Sep 21, 2016 06:07 am UTC| Commentary Economy

Indias growth this year is likely to be primarily driven by private consumption and to a lesser extent public spending, while private sector activity is yet to recover. Investment spending fell 1.9 percent y/y in 1Q16,...

Taiwan August export orders likely to turn positive for first time in 17 months

Sep 21, 2016 05:46 am UTC| Commentary Economy

Export orders in Taiwan are expected to turn positive for the first time in 17 months during August as orders for semiconductors and other electronics components are expected to pick up, owing to rising demand in the...

Malaysian CPI inflation rises slightly in August, likely to remain on lower path

Sep 21, 2016 05:27 am UTC| Commentary

Malaysias headline consumer price index inflation accelerated slightly to 1.5 percent year-on-year in August, owing to higher food prices. On a month-on-month basis, CPI inflation rose 0.4 percent. Non-alcoholic beverages...

Thailand exports likely to register fourth straight year of decline in 2016

Sep 21, 2016 05:15 am UTC| Commentary Economy

Exports growth in Thailand is expected to register a fourth straight year of decline in 2016 on existingdowntrend in monthly exports, except for the temporary surge during the first half of this year, which can be...