News & Analytic Centre

Australian Unemployment Holds at 4 in March

SYDNEY, April 14 Reuters Australia39;s unemployment rate held at a 13year low in March as jobs growth slowed after months of strong gains, though recordhigh vacancies suggest it is only a matter of time before unemployment falls further. Figures from the Australian Bureau of Statistics on Thursday showed a jobless rate of 4.0, when analysts […]
Read More

New Zealand Manufacturing Improves a Touch in March

WELLINGTON, April 14 Reuters Manufacturing activity in New Zealand in March improved a tad due to strong new orders and positive employment, a survey showed on Thursday. The Bank of New ZealandBusiness NZ39;s seasonally adjusted Performance of Manufacturing Index PMI rose to 53.8 from 53.6 the previous month. A reading above 50 indicates an expansion […]
Read More

CSRC Orders Legend Holdings to Fix Information Disclosures

SHANGHAIBEIJING, April 14 Reuters China39;s securities regulator on Thursday ordered Legend Holdings Corp to rectify information disclosure issues. The China Securities Regulatory Commission CSRC said in a statement that a regular onsite inspection found that the company released its 2020 annual report in Hong Kong earlier than it did in mainland China. Legend39;s disclosure via the […]
Read More

Russia May be in Default, Moodys Says

LONDON, April 15 Reuters Moody39;s said Russia may be in default because it tried to service its dollar bonds in roubles, which would be one of the starkest consequences to date of Moscow39;s exclusion from the Western financial system since President Vladimir Putin39;s invasion of Ukraine. If Moscow is declared in default, it would mark […]
Read More

The Pound Reacts to Rising Inflation Like EM Currency

Inflation in the UK is developing an acceleration stronger than expected. Estimates for March marked a 1.1 CPI gain for the month, above the 0.8 a month earlier and rebutting analysts hopes that the monthly price growth would slow to 0.7. The yearoveryear inflation rate has accelerated from 6.2 to 7.0. As in most of […]
Read More