China announced fresh stimulus to revive the economy

Note: This section contains information in English only.
Source: Reuters
The decision of a new stimulus programme, which will be implemented in China to revive the slowing economy, was approved and announced on Friday, after the release of bank lending and foreign investment data that showed an alarming drop in growth. The central bank is going to lend 50 billion Yuan to banks at discounted rates in order to let them to re-lend the cash to farmers and small businesses.
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Fri, 16 Jan 2015 10:56:04 GMT

Aussie 10-year yield fell below RBA cash rate due to Swiss decision

The Australia's benchmark 10-year bond yield slipped below the central bank's cash rate after the Swiss National Bank's unexpected decision to abandon its minimal exchange rate for EUR/CHF. As a result, the yield dropped by 18 points to a 2.49%, below the Reserve Bank of Australia's 2.5% key rate for the first time since December 2012.

Fri, 16 Jan 2015 10:28:04 GMT

Won spearheaded Asian currencies amid cheaper oil

Asia's currencies showed gains this week, led by South Korea's Won and Taiwan's Dollar, thanks to the expectation that the decline in oil prices will stimulate trade balances in the region. Meanwhile, Brent crude reached their lowest level since March 2009 and was traded at $48.30 per barrel. In the meantime, the Won as well as Taiwan's Dollar have added

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