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india-crypto-052118.jpg A top official of India's Economic Affairs ministry has announced that a high-level Committee would submit its report on cyrptocurrencies to the government soon. In December, the government of India constituted a three member committee headed by Economic Affairs Secretary S C Garg to study the impact of cryptocurrencies and to make recommendations to regulate them. Other members of the panel inclu

Hong Kong's consumer price inflation eased for the second straight month in April, data from the Census and Statistics Department showed Monday. Consumer prices climbed 1.9 percent year-over-year in April, slower than the 2.6 percent rise seen in March. Netting out the effects of all Government's...

Japan and Singapore renewed their bilateral swap arrangement that enable both countries to swap local currencies in exchange for US dollars from each other in times of need. In a joint statement, released Monday, the Bank of Japan and the Monetary Authority of Singapore said the financial cooperation...

thailand-gdp-052118.jpg Thailand's economy expanded at the fastest pace in five years in the first quarter on exports, consumption and investment, the National Economic and Social Development Board said Monday. Gross domestic product grew 4.8 percent year-on-year, faster than the 4 percent growth seen in the fourth quarter of 2017. This was the fastest expansion logged since the first quarter of 2013.

South Korea's producer price inflation accelerated in April after remaining stable in the previous month, preliminary data from Bank of Korea showed Monday. Producer prices climbed 1.6 percent year-on-year in April, faster than March's 1.3 percent rise, which was revised down from a 1.4 percent increase...

Total credit card spending in New Zealand increased for the third straight month in April, data from the Reserve Bank of New Zealand showed Monday. Credit card spending climbed 0.6 percent month-over-month in April, following a 1.1 percent rise in March. Domestic billings grew 0.8 percent over...

Thailand's economic growth accelerated in the first quarter, the National Economic and Social Development Board said Monday. Gross domestic product expanded 4.8 percent year-on-year, faster than the 4 percent growth seen in the fourth quarter. The growth rate was forecast to remain unchanged at 4...

trade.jpg Japan posted a merchandise trade surplus of 625.977 billion yen in April, the Ministry of Finance said on Monday - up 30.9 percent on year. The headline figure exceeded expectations for a surplus of 440.0 billion yen following the downwardly revised 797.0 billion yen surplus in March (originally 797.3...

Japan had a merchandise trade surplus of 626.0 billion yen in April, the Ministry of Finance said on Monday. That exceeded expectations for a surplus of 440.0 billion yen following the downwardly revised 797.0 billion yen surplus in March (originally 797.3 billion yen). Exports were up 7.8 percent...

newzealandcpi-071510.jpg The total volume of retail sales in New Zealand added a seasonally adjusted 0.1 percent on quarter in the first three months of 2018, Statistics New Zealand said on Monday. That was shy of expectations for a gain of 1.0 percent and down from the downwardly revised 1.4 percent in the three months prior...

The total volume of retail sales in New Zealand was up a seasonally adjusted 0.1 percent on quarter in the first three months of 2018, Statistics New Zealand said on Monday. That was shy of expectations for a gain of 1.0 percent and down from the downwardly revised 1.4 percent in the three months...

Japan will on Monday release April numbers for imports, exports and trade balance, highlighting a modest day for Asia-Pacific economic activity. Imports are expected to rise 10.0 percent on year after sliding 0.6 percent in March. Exports are called higher by 9.5 percent after gaining 2.1 percent...

crypto-weekly-051818.jpg Bitcoin and its peers relatively had a lackluster week. After starting in red, they witnessed some recovery by Wednesday, that soon lost steam and cryptocurrencies were in the red Friday morning. Sentiment was damped by the lack of major news from the blockchain week that concluded mid-week in New York. The much awaited rally in cryptocurrencies following the event never happened.

rbi-suprem-court-0518180.jpg Indian Supreme Court has refused to stay the central bank's ban on the country's commercial banks from providing services to investors in digital currencies. In a writ petition challenging the ban, a group of lawyers pleaded with the apex court to allow banks to continue serving cryptocurrency clients as they had prior to the RBI ban. A three-judge bench headed by Supreme Court Chief Justice Deepa

Singapore's domestic wholesale trade increased at a faster rate in the three months ended March, due to strong growth in sales of petroleum and petroleum products, figures from the Department of Statistics showed Friday. At current prices, domestic wholesale sales climbed a seasonally adjusted 5.7...

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