Tag: Central Bank
Australia’s central bank cuts rates, cautious on further easing
SYDNEY- Australia’s central bank cut interest rates on Tuesday for the first time since the depths of the 2020 pandemic, saying progress had been...
Bank Indonesia to hold rates to curb currency weakness
BENGALURU- Bank Indonesia is likely to hold interest rates steady, focusing on the rupiah’s stability amid slowdown concerns, according to a Reuters poll of...
Japan’s GDP beats forecasts
TOKYO- Japan’s economy grew faster than expected in the fourth quarter, on improved business spending and a surprise increase in consumption and shoring up...
Asia stock send mixed
TOKYO- Asian share markets were mixed in thin trading on Thursday as much of the region was on holiday for the Lunar New Year,...
Yen strengthens
SYDNEY- The yen made broad gains on Thursday as Japan looks on track to keep raising interest rates as others cut, with the European...
