Higher auto sales in May drive retail sales growth in Singapore
Jul 15, 2016 07:51 am UTC| Commentary
Retail sales in Singapore rose during the month of May, driven by growth in automobile sales, especially motor vehicles. Singapores retail sales grew 3 percent to SGD3.7 billion in May compared to SGD3.6 billion a year...
Turkey’s current account deficit continues to contract in May on lower commodity import prices
Jul 15, 2016 07:47 am UTC| Commentary Economy
Turkish data of May released on Thursday turned out to be strong. Turkeys current-account balance for the month of May continued to shrink on trend. The country recorded a current account deficit of USD 2.8 billion. The...
S. Korean bonds close lower as KOSPI gains for fifth consecutive day
Jul 15, 2016 07:32 am UTC| Commentary
The South Korean government bonds closed lower Friday as benchmark KOSPI gained for fifth consecutive day on stronger overseas demand. Also stronger-than-expected producer prices data for June, coupled with maintained...
Briferendum Aftermath Series: Drums of a second referendum beat louder
Jul 15, 2016 07:20 am UTC| Commentary
Britains new female Prime Minister, Theresa May has made Brexit means Brexit as her new mantra and she has vowed to make it a huge success for the United Kingdom. Despite the desire to exit or at least expressed desire to...
China’s retail sales in June stay above market expectations
Jul 15, 2016 07:16 am UTC| Commentary
Retail sales in China during the month of June stayed above market expectations, pairing with upbeat gross domestic product during the second quarter of this year. Also, industrial output remained in green that lent...
Indonesia’s trade surplus widens sharply in June on contracting imports
Jul 15, 2016 07:12 am UTC| Commentary Economy
Indonesias trade surplus widened sharply to USD 900 million in June, as compared with USD 374 million recorded in May. It was more than the market projections of a trade surplus of USD 212 million. The sharp increase in...
Japanese bonds slump as investors square off positions ahead of long weekend
Jul 15, 2016 06:52 am UTC| Commentary
The Japanese government bonds traded lower on Friday as traders seen squaring their positions ahead of a long holiday weekend. Also, improving risk-taking appetite discouraged traders from safe-haven buying. The yield...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Biden administration tells employers to stop shackling workers with ‘noncompete agreements’
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects