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By Stefanno Sulaiman JAKARTA (Reuters) – New certificates being introduced by Bank Indonesia for sale next month are expected to offer “very attractive” yields for foreign investors, an official said on Monday, generating inflows to help keep liquidity supportive for economic growth. Last week, the central bank announced that it would hold twice weekly auctions …

Indonesia central bank believes new certificates will offer ‘very attractive’ yields Read More »

SYDNEY (Reuters) – New Zealand said on Monday it would cut its future budget allowances, reduce spending on consultants and for some government programmes citing a deterioration in the global economy, and particularly in its largest trading partner China. The government said it would require public agencies to find permanent savings, though frontline services will …

New Zealand cuts spending plans as China, global economies slow Read More »

SYDNEY (Reuters) – Australian retail sales rebounded in July after a sharp fall the previous month, but the annual rate slowed further, a result that should not upset the outlook for interest rates as high borrowing costs work to slow consumer spending. Data from the Australian Bureau of Statistics (ABS) on Monday showed nominal retail …

Australia retail sales rebound after fall, annual rate slows further Read More »

BANGKOK (Reuters) – Thailand’s employment in the second quarter rose 1.7% from a year earlier, slowing from a 2.4% increase in the previous three months, the state planning agency said on Monday, as economic growth slowed. Southeast Asia’s second-largest economy grew 1.8% in the April-June period year-on-year and 0.2% quarter-on-quarter, slowing sharply from the first …

Thailand’s employment growth drops in Q2 as economy slows Read More »

BRASILIA (Reuters) – Brazil’s central bank governor Roberto Campos Neto said on Saturday that the latest inflation data had worsened but underscored the bank’s non-reliance on singular index readings to shape its policy decisions. “Recently, we even had a slightly worse inflation number, very loaded with volatile elements,” he said at an event hosted by …

Brazil’s inflation slightly worse -central bank chief Read More »