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Hong Kong's base rate will rise to 2.75 per cent effective immediately, according to a statement by the Hong Kong Monetary Authority (HKMA), the city's de facto central bank.
Imports rose 1% year-on-year. Analysts had expected them to shrink about 1.5%. With exports outpacing imports, China’s trade surplus grew to $104.84 billion. But the upbeat data failed to boost the region's stocks. Hong Kong’s Hang Seng dropped 1.3% to 18,820.46, while the Shanghai Composite lost 0.5% to 3,154.37.
HONG KONG (AP) — World stocks were mixed on Wednesday following Wall Street’s mostly positive performance before key U.S. inflation data that could influence the pace of market-boosting rate cuts by the Federal Reserve. Germany’s DAX was up 0.2% to 20,311.39, and the CAC 40 in Paris was flat at 7,424.49.
That's after the officials at the U.S. central bank in early December cut their forecast for 2025 rate cuts from four to two. ... in November, up 54.5% from the same month the previous year ...
TOKYO (AP) — Asian shares mostly rose Thursday, following a rally on Wall Street driven by encouraging update on U.S. inflation. Japan's benchmark Nikkei 225 added 0.2% to 38,532.18. Bank of Japan data showed wholesale prices in Japan rose 3.8% in December last year compared to a year earlier, adding to pressures on the central bank to raise ...
In morning trade in Asia on Thursday, Japan's Nikkei 225 was around 1.2% lower, while the Hang Seng in Hong Kong was down by 1.1%. Inflation, which measures the pace of price increases, has proven ...
This is an alphabetical list of countries by past and projected gross domestic product per capita, based on official exchange rates, not on the purchasing power parity (PPP) methodology. Values are given in USDs and have not been adjusted for inflation.
World map by inflation rate (consumer prices), 2023, according to World Bank This is the list of countries by inflation rate. The list includes sovereign states and self-governing dependent territories based upon the ISO standard ISO 3166-1. Inflation rate is defined as the annual percent change in consumer prices compared with the previous year's consumer prices. Inflation is a positive value ...