Asia
The central bank cut the repo rate by 25 basis points to 6.25 percent after keeping it unchanged for eleven consecutive policy meetings
The country's per capita GDP has been calculated based on a nominal growth rate of 5.9 percent
India noted discussions on economic concerns to promote policy transparency
This development is a key step in strengthening the nation's resource securityÂ
The zone will offer tax incentives and include key areas in sectors such as aerospace and tourism
The rail network has commissioned 487 MW of solar energy plants as of last month
The draft got greenlighted by the Cabinet, includes 8.7 trillion yen in defense spending
Central bank slashed its policy rate last month for the second time in a row to help prop up the economy
Officials and experts also reached a consensus on a long-term objective of achieving a 73 percent reduction by fiscal 2040
The data highlights Japan's pandemic recovery and reflects broader trends influencing the future of international travelÂ
This represents an increase of 0.2 percentage points compared to October 2024Â
Foreign exchange reserves remain steadily above $3.2 trillionÂ
The producer price index fell 2.5 percent year-on-year in November, a slower decline than the 2.9 percent in October
Over 60 percent of industrial sectors experienced enhanced profitability in October relative to the prior month Â
Exports amounted to $2.93 trillion, up 5.1 percent YoY, and imports totaled $2.14 trillionÂ
Central bank buying slowed in but demand remained robust at 186 tons
While modest, the rate of growth in China's services economy was the fastest in three months
Manufacturers noted the sharpest fall in new export business since March amid weak demand from the U.S. and mainland China
Central bank lowered the projected inflation rate for fiscal 2025 from 2.1 percent to 1.9 percent, below the bank's price stability goal of 2 percent
Equity investment funds, valued at 10.89 trillion yuan, were the largest category
Overall urban unemployment rate stood at 5.1 percent in September, improving slightly from 5.3 percent in August
Banks' reserve requirement ratio could decline by another 25 to 50 basis points by the end of the year
Soft demand in China and slowing U.S. growth weighed on Japan's exports
