Nov 13, 2019 - Japan's economy grew at the slowest pace in a year in the third quarter as trade wars and a weaker global economy hurt exports and private consumption slowed. Gross domestic product grew an annualized 0.2 percent quarterly following a revised 1.8 percent expansion in the second quarter, figures from the Cabinet Office showed on Thursday. Economists had forecast 0.8 percent growth.
Nov 12, 2019 - New Zealand's central bank left the key interest rate unchanged on Wednesday, defying expectations for a reduction, and signaled that it was ready to add more stimulus if needed, in the backdrop of subdued growth and below-target inflation. The Monetary Policy Committee of the Reserve Bank of New Zealand, led by Governor Adrian Orr, decided to keep the Official Cash Rate, or OCR, at 1.0 percent.
Nov 06, 2019 - Thailand's central bank slashed its key interest rate to a record low on Wednesday, in a bid to support growth and inflation, and relaxed the rules to boost capital outflows to ease the pressure on the Thai baht. The Monetary Policy Committee voted 5-2 to cut the policy rate by 25 basis points to 1.25 percent, the bank said in a statement. The reduction was in line with economists' expectations.
Sector: Finance > Industry: Commercial Banks