Category: News Group

Japan recorded a trade surplus of JPY 751 billion in December 2020, compared with a JPY 159.1 billion deficit a year earlier and market expectations of a JPY 942.8 billion surplus. Exports increased 2.0 percent, rebounding from...

The Bank of Japan left its key short-term interest rate unchanged at -0.1% and maintained the target for the 10-year Japanese government bond yield at around 0% during its January meeting by a 7-1 vote. In a quarterly outlook...

Major stock markets in Asia mostly rose on Thursday after record gains on Wall Street overnight, on optimism for more aid after Joe Biden’s inauguration. Traders welcomed the World Health Organization’s plan to approve...

Malaysian palm oil futures fell below MYR 3,400 a tonne, moving further away from a decade high of MYR 3,877 hit on January 6th, as inventories remain at high levels while global production is likely to recover in the second...

Gold spot prices lifted 4.7 points or 0.25% to 1841.44 in early Tuesday trade, gaining from 6-week lows ahead of Janet Yellen’s hearing before the Senate Finance Committee. According to prepared remarks, Yellen is set to tell...

Oil prices rose on Tuesday, amid optimism that US fiscal stimulus will support global economic growth and crude demand. Traders were also upbeat after data showing Chinese refiners processed record volumes of crude in December....

Oil prices dropped on Monday, with WTI crude falling 0.3% to $52.18 a barrel, while Brent oil declining 0.5% to $ 54.84 a barrel at around 06:45 AM GMT, amid concerns that surging COVID-19 globally could jeopardize the market’s...

The Chinese economy advanced 6.5% yoy in Q4, after a 4.9% growth in Q3, above market consensus of 6.1%. The latest reading pointed to pre-pandemic growth rates, with industrial output rising the most in 3-1/2 years in December....

China’s trade surplus jumped to a fresh record high of USD 78.17 billion in December 2020 from USD 47.25 billion in the same month a year earlier, beating market expectations of a USD 72.35 billion. Exports soared 18...

The Bank of Japan is ready to launch more monetary stimulus if COVID-19 in the country threatened to derail a fragile economic recovery, Governor Haruhiko Kuroda said in a speech on Thursday. The remarks came ahead of the...

Oil prices were little changed on Thursday as traders weighed the prospects of imminent fiscal stimulus in the US against an impeachment of President Donald Trump on Wednesday by the US House for a historic second time. Also,...

A financial technology provider for education financing, PT Pinduit Teknologi Indonesia (Pintek), has received US$21 million debt facility from United States’ Accial Capital to Support Indonesia’ education ecosystem. The...