Page 8 - Devayani Sathyan News Today : Breaking News, Live Updates & Top Stories | Vimarsana

China's disappointing post-COVID recovery has raised doubts about the foundations of its economic model and stoked expectations policymakers will need to consider reforms, as consumers hold off spending, foreign firms divest, manufacturers struggle for buyers, and local governments contend with huge debt burdens. Policymakers have pledged to roll out further measures to help shore up growth after the measures implemented since June had only a modest effect, but analysts caution Beijing's fiscal capacity is now very limited. To prop up faltering growth, the People's Bank of Chi...

South Korea's exports likely rose in February for a fifth straight month, led by chip shipments, a Reuters poll showed on Wednesday, in which analysts said much slower growth this month would be... -February 28, 2024 at 12:07 am EST - MarketScreener

Property analysts continue to forecast a 5.0% rise in Australian home prices in 2024, a Reuters poll showed, brushing off central bank comments since the last poll three months ago that leave open...

Property analysts continue to forecast a 5.0% rise in Australian home prices in 2024, a Reuters poll showed, brushing off central bank comments since the last poll three months ago that leave open the possibility of an interest rate hike before year-end. After a 25% surge during the pandemic, average house prices tumbled 9% from their peak but clawed back almost all of that last year even though the Reserve Bank of Australia hiked the cash rate to a 12-year high of 4.35%. Since the 2008 financial crisis, home prices have nearly doubled.

TOKYO (Reuters) -The Bank of Japan will pull the plug on its eight-year negative interest rate policy in April, according to more than 80% of economists polled by Reuters, marking a long-awaited major shift from a global outlier central bank. Nearly the same proportion of economists, 76%, also expect the BOJ to scrap yield curve control at that meeting, with almost all saying ultra-loose monetary conditions will end then, just months before many major central banks are expected to start cutting rates. The BOJ is on track to end negative interest rates in coming months despite Japan's ec...