Richard Iley, Chief Economist, Asia at BNP Paribas, says the rate cut was a "relatively low risk" option for the Bank of Korea amid sluggish global growth and falling CNBC, 1 month ago
RBI is unlikely to join the rate cut club, at least for the time being, when it concludes its latest bimonthly policy review on 2 December. Photo: Bloomberg Rate cuts are suddenly in vogue across Asia. The Bank of Korea has cut rates twice in ...Livemint.com, 12 hours ago
Did China just re-enter the currency wars? The Chinese Yuan dropped 0.29% overnight - its biggest drop since September and 2nd biggest devaluation since March - as the currency tumbles back in line with the PBOC's fixing for the first time in over 3 ...Zero Hedge, 2 days ago
China's currency has long been hitched to someone else's wagon — the US dollar. But as central banks across the developed world plot diverging courses, it is fast becoming apparent that the renminbi is prone to travel sickness. Some analysts ...DAWN Group, 2 weeks ago
The yuan's rally to a record against the currencies of China's major trade partners may be ending as authorities are likely to engineer a "mini devaluation" to spur the economy, according to BNP Paribas SA. The CHART OF THE DAY shows that the ...BusinessWeek, 1 month ago
Chinese inflation dropped to an almost five-year low in September, tumbling to 1.6% on year from 2% in August and coming in below consensus of 1.7%. On month, CPI +0.5% vs +0.2 and +0.4%. (PR) Factory gate prices (PPI) slumped 1.8% vs -1.2% and ...Seeking Alpha, 1 month ago Wall Street Breakfast: Chinese CPI Slips To Lowest In Almost 5 Years Seeking Alpha, 1 month ago
China's consumer inflation eased in September to levels not seen since January 2010, further evidence that the world's second-largest economy is losing momentum but giving policymakers room for more stimulus if necessary. Consumer prices rose 1.6 ...CNBC, 1 month ago
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