On 16 March, the State Bank of Vietnam (SBV) reduced several interest rates, with the refinancing rate being cut from...
Latest Global Economic News
-
Vietnam: State Bank of Vietnam slashes interest rates in March to safeguard the economy -
Indonesia: Exports surge in February while imports continue to decline Indonesia posted a trade surplus of USD 2.3 billion in February, contrasting January’s revised USD 0.6 billion deficit (previously reported:... -
Philippines: Cash remittance growth accelerates sharply in January Cash remittances from Overseas Filipino Workers (OFW) totaled USD 2.6 billion in January, which was down from December’s historic record... -
Czech Republic: CNB cuts rates in emergency meeting; introduces preventive measures in March At an extraordinary meeting held on 16 March, the board of the Czech National Bank (CNB) unanimously decided to axe... -
Ecuador: Economic activity declines in January In January, economic activity fell 0.1% over the same month of last year, according to the monthly economic activity indicator... -
Japan: Bank of Japan acts to buttress the economy At an emergency meeting ending on 16 March, the Bank of Japan (BoJ) loosened its monetary policy to support the... -
Sweden: Riksbank announces new measures to buttress economy On 16 March, the Riksbank announced a raft of new emergency measures to support the economy, in the face of... -
Japan: Core machinery orders rebound in January Core machinery orders—which cover the private sector, exclude volatile orders and are a leading indicator for capital spending over the... -
Italy: Inflation inches down in February Consumer prices dipped a revised 0.1% month-on-month in February (previously reported: 0.0% month-on-month), contrasting January’s 0.1% uptick, according to revised... -
Bulgaria: Inflation moderates in February Consumer prices increased a modest 0.1% from the previous month in February, following January’s 0.9% jump. According to the Statistical...