The lower commodity prices, depreciation of local currencies as well as the weakening demand, have put Sub-Saharan Africa (SSA) economies under pressure, said BMI Research, a Britain-based economic researcher, on Wednesday.
The prospects of New Zealand's central bank taking measures against the housing crisis worsened Monday with figures showing consumer price index (CPI) inflation falling to just 0.1 percent in the year ending March.
Chinese land and housing authorities on Friday announced measures to regulate land supply for residential buildings over concerns of a glut of home supply.
South Korea's headline inflation fell to the lowest in about 16 years in February on the back of lower crude oil prices, a government report showed Tuesday.
Falling dairy prices continued to drag down New Zealand's merchandise terms of trade in the quarter to the end of December 2014, the government statistics agency announced on Monday.
Oil prices pared much of early losses on Thursday as a weekly government report showed U.S. crude inventories rose less than expected.
Oil prices slipped on Tuesday as the International Energy Agency (IEA) predicted that the oil prices would rebound partially in the next five years.
Russia would lose about 160 billion U.S. dollars in oil exports in a year if oil prices were at 45 dollars a barrel, Central Bank chief Elvira Nabiullina said Tuesday.
Russia would lose about 160 billion U.S. dollars in oil exports in a year if oil prices were at 45 dollars a barrel, Central Bank chief Elvira Nabiullina said Tuesday.
Two Chinese airlines are to scrap fuel surcharges for domestic flights from Thursday due to declines in fuel costs.
As oil prices recently slid below the symbolic threshold of 50 U.S. dollars per barrel, the possible future scenario of the vital energy, which is more than just a fuel but also a maker and a wrecker of global wealth and growth, was naturally a subject of feverish discussions among elites gathering for the annual Davos meeting of the World Economic Forum (WEF).
Oil prices rebounded Wednesday as traders bought the dip after prior day's heavy sell-off.
New Zealand's consumer price index (CPI) fell by 0.2 percent in the quarter ending December 2014, prompting forecasts that annual inflation was likely to fall below the central bank's target band and quashing expectations of interest rate rises.
As latest home sales continued to slow down, analysts here said that Singapore's residential property market is expected to remain weak this year.
Oil prices little changed Thursday amid growing supplies globally.
China has announced that procurement prices for tobacco leaves will now be set by supply and demand, in a country where one-third of the world's cigarettes are consumed but where sales of high-end cigarettes have dropped during the recent corruption crackdown.
Mexico's finance ministry said Friday that a 1.9-percent hike in fuel prices announced on Jan. 1 will be the last price increase for 2015.
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