• RBA cut interest rate by 25 points

    3 Mar 2020 10:47 AM |

    RBA announced its decision to cut interest as expected by 25 basis points

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  • U.S. Confirms Second Death from Coronavirus

    2 Mar 2020 02:20 PM |

    Washington state health officials said late Sunday that a resident of the nursing home died of the coronavirus, while the Governor of New York confirmed the state's first positive case,

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  • Oil sector presses on Saudi economy in 2019

    2 Mar 2020 12:33 PM |

    Official data showed yesterday that the Saudi economy grew weaker than expected by 0.3% in 2019 as the oil sector contracted sharply, despite the acceleration of the non-oil sector.

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  • BOJ Governor: unstable moves in financial markets

    2 Mar 2020 10:46 AM |

    BOJ Governor Kuroda noted that financial markets are suffering from unstable moves for the time being.

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  • Inflation in Germany unchanged in February

    28 Feb 2020 02:09 PM |

    Inflation in The German states barely changed during February, according to data released on Friday, indicating that inflation will remain close to the ECB's target but below it and pose no threat to its stimulus policy.

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  • Germany unemployment declines in February

    28 Feb 2020 01:28 PM |

    German unemployment fell unexpectedly in February, the Federal Labor Office said today, indicating that a strong labor market will continue to drive growth in Europe's largest economy.

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  • South Korea pledges to calm markets

    28 Feb 2020 12:19 PM |

    South Korea's deputy finance minister on Friday pledged to deploy "all possible measures" to stabilize financial markets, as he said economic indicators from production to consumption are dwindling by the growing number of new coronavirus infections.

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  • Oil loses 13% of its value because of Coronavirus outbreak

    28 Feb 2020 12:09 PM |

    Oil prices fell sharply since the start of the weekly trading losing about 13% of their value,

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