Economic News Category

AUD Holds Above Key Level, Anticipates RBA Bullock’s Speech The Australian Dollar (AUD) has seen its value diminish for a second consecutive trading session on Monday, signaling a sustained bearish trend against its US counterpart. This downward trajectory has been influenced significantly by robust employment data emerging from the United States, which gave a considerable

Experts Assert China’s Ability to Mitigate Debt Challenges China is on track to effectively manage its hidden local government debt within four to five years, a move not expected to disrupt the nation’s economic recovery or spark systemic financial risks, according to a source close to the issue. This statement comes in response to Moody’s

Japan’s Capital Inflation Eases, Complicating BOJ Policy Exit In Tokyo, November witnessed a slowdown in core inflation, signaling that the Bank of Japan (BOJ) may face challenges in adjusting its monetary policy. Despite a rapid rise in service prices, the fastest since 1994, due mainly to increased hotel fees and tourism, the core consumer price

Chinese Official Asserts Readiness to Manage Diverse Financial Challenges Li Yunze, the head of China’s National Financial Regulatory Administration, has expressed confidence in China’s ability to navigate an array of financial risks, attributing this capability to the country’s robust long-term economic fundamentals. These fundamentals, Li asserts, provide a sturdy platform that secures the nation’s financial

Japan’s Capital Investment Grows, Indicating Economic Strength In a landscape where economic indicators often signal mixed fortunes, Japan has observed a modest uptick in business investments, a positive note amidst a contracting economy. During the summer months, the nation’s capital expenditures on goods, excluding software, increased by 0.3% compared to the previous quarter, as reported