News

Eurozone Private Sectors Posts Record Contraction on Coronavirus Outbreak

The Eurozone private sector recorded its weakest performance in March, as countries continue to grapple with coronavirus outbreak. Private sector…

5 years ago

New Zealand Rolls Out Additional Stimulus Measures to Battle COVID-19 Impact on Economy

New Zealand government today rolled out additional measures to back the economy as the country is getting ready for a…

5 years ago

Mexico Central Bank Announces Deeper Rate Cut to Mitigate COVID-19 Disease Impact

Banco de México, in an off-cycle step, announced its largest benchmark rate cut in six years and committed support for…

5 years ago

New Zealand GDP Growth Slows Down to 0.5% in 4Q19

Statistics New Zealand reported that the country’s economy expanded by a seasonally adjusted 0.5% q-o-q in the fourth-quarter of 2019.…

5 years ago

Bank of Japan Rolls out Additional Easing Measures to Nullify COVID-19 Impact

The Bank of Japan has announced additional policy easing measures, along with other parallel initiatives with top central banks across…

5 years ago

Iceland Slashes Interest Rate to Record Low To Combat COVID-19 Impact

The Central Bank of Iceland has trimmed its benchmark interest rate and slashed the reserve requirement for banks in a…

5 years ago

Russian Rouble Falls to Fourteen-Month Low as Oil Prices Nose Dive

The Russian rouble declined against the greenback Friday to hit a new fourteen month low as investors ran for cover…

5 years ago

US Fed Announces Emergency Rate Cut, Hong Kong Follows Suit

The monetary authority of Hong Kong followed the footsteps of the US Federal Reserve and slashed the base lending rate…

5 years ago

Japan Manufacturing Sector Contracts the Most in Four Years

In the fourth-quarter of fiscal 2019, Japanese enterprises slashed their investment on equipment and plant, while the manufacturing sector shrank…

5 years ago

India Records Slowest Economic Growth in 6yrs

In the quarter ended December, India recorded its slowest rate of economic growth in six years and the near-term outlook…

5 years ago