Jobless rate in Australia falls to one year low

Note: This section contains information in English only.
Source: Bloomberg
Australian unemployment rate fell to 6% in May, from 6.1% in the prior month, as the number of employed people increased by 42,000, almost three times more than the forecast. The labour market seems to be very firm relative to insufficient domestic demand and plans of businesses for lowering investment next year, but slowdown in wage growth also supported employment.
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Thu, 11 Jun 2015 10:39:04 GMT

Investment in China grows slowly in May

Chinese fixed asset investment rose 11.4% in the January-May period of the year, in comparison with the same period last year. The significant driver of the China's economy grew at a slowest pace in almost 15 years, while retail sales increased 10.1% and factory output went up by 6.1% last month. Both rates of growth remained relatively steady compared to

Thu, 11 Jun 2015 08:49:04 GMT

RBNZ lowers benchmark rate by 25 points

The Reserve Bank of New Zealand reduced its interest rate from 3.50% to 3.25%, the first time in last four years, as inflation remains below the bank's target and economic growth slows. The cut put Auckland housing market in danger of increasing prices further, however forecasts assume more rate cuts by the middle of 2016. The Kiwi dipped facing a

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