Daily Archive: June 9, 2017

China May exports, imports beat forecasts

China May exports, imports beat forecasts

China reported stronger-than-anticipated exports and imports for May despite falling commodity prices, suggesting the economy is holding up better than expected despite rising lending rates and a cooling property market. Concerns over China landed squarely back on global investors’ radar after...

Scope for further rate cut by RBI: Finance Ministry

RBI to leave rates unchanged in FY18: Nomura

The Reserve Bank is expected to leave key interest rates unchanged in the current financial year despite low inflationary pressures and might go for a cumulative 50 bps rate hike next April, says a Nomura report. According to the Japanese financial...