Bank Negara remains on hold post July’s surprise cut; policymakers await upcoming budget
Sep 07, 2016 09:42 am UTC| Commentary Economy Central Banks
The Malaysian central bank held fire at its monetary policy meeting held Wednesday, after unleashing a surprise rate cut in July, for the first time in seven years. Also policymakers are closely awaiting the upcoming...
Chinese FX reserves decline while Swiss reserves rise in August
Sep 07, 2016 08:56 am UTC| Commentary Economy
The latest data from Peoples Bank of China (PBoC) shows that FX reserve in China is continuing their decline and in August the total reserve has declined to $3.185 trillion, down half a percent from July. The reserve is...
Briferendum Aftermath Series: Forecasters cancel Brexit recession calls
Sep 07, 2016 07:15 am UTC| Commentary Economy
Two of the leading investment banks operating in the city of London, Credit Suisse, and Morgan Stanley have revised their forecast of a recession in the United Kingdom, in the aftermath of the Brexit referendum that was...
India August CPI likely to slide from July’s two-year high on decline in retail fuel costs
Sep 07, 2016 07:05 am UTC| Commentary Economy Central Banks
Consumer prices in India are likely to taper off from Julys two-year highs of 6.1 percent during the month of August, following lower food price pressures and decline in retail fuel costs. This moderation is likely to...
Taiwan August exports likely to rise, remain higher than the Q2 average
Sep 07, 2016 06:51 am UTC| Commentary Economy
Taiwans growth in exports during the second quarter of this year is expected to rise, although no big surprise is yet anticipated. It is likely to remain lower than the previous months figures, but higher than the Q2...
President Barrack Obama’s last Asia Pivot trip turning out to be disaster
Sep 07, 2016 06:35 am UTC| Commentary Economy
U.S. President Barrack Obamas one of the signature policies have been Asia-Pacific Pivot, which was targeted to increase the influence of America in the region to prevent Chinas expansion desire. But President Obamas final...
Key implications of G20 Leaders' Communique; sustainability remains in focus
Sep 07, 2016 06:25 am UTC| Commentary Economy Insights & Views
The joint statement by the Leaders of the G20, held at Hangzhou, China during Sep 4-5 2016, reinforces their commitment to achieving sustainable economic growth, confirming the pivot toward coordinated monetary and fiscal...