Philippine Cbank Keeps Rates Steady, as Expected

MANILA, Sept 21 Reuters The Philippine central bank kept its benchmark interest rate steady at 6.25 for a fourth straight meeting on Thursday to balance the need to support economic growth while trying to curb inflation. The Monetary Board deemed it appropriate to maintain its pause and read the emerging upside risks to the inflation outlook, […]
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Chinas Economic Woes Embolden Calls for Deeper Reforms

China39;s economic malaise sparks stimulus or reform debate Some advisers urge Beijing to ramp up infrastructure spending Others call for reforms to unleash new growth drivers Policy debate precedes key party meeting on economy BEIJING, Sept 21 Reuters China39;s economic slowdown is polarising government advisers over the best way forward, with advocates of structural reforms […]
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New Zealand Economy Expands Faster than Expected

Q2 GDP up 0.9 qq vs 0.5 Reuters poll Growth boosted by services sector, manufacturing rebound Strongerthanexpected growth may worry central bank WELLINGTON, Sept 21 Reuters New Zealand39;s economy grew more than expected in the second quarter underpinned by a pickup in the services sector, and dodged a technical recession, which will help the government, […]
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China Pledges to Accelerate Introduction of more Economic Policies

BEIJING, Sept 20 Reuters China will speed up the introduction of more policies to consolidate its economic recovery, state media CCTV reported on Wednesday, citing a cabinet meeting chaired by Premier Li Qiang, after the economy showed tentative signs of stabilising. With a flurry of support steps kicking in, the 18 trillion economy showed betterthanexpected figures including bank lending, […]
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