The Bank of Japan (BOJ) is considering raising its inflation forecasts in January to show price growth close to its 2% target in fiscal 2023 and 2024, Nikkei reported on Saturday.The BOJ jolted markets this month by widening its 10-year yield cap range, a move officially aimed at straightening out bond market distortions but seen […]
Taiwan’s export orders likely contracted again in October as global demand for technology cools though at a slower rate than the previous month, a Reuters poll showed on Friday The median forecast from a poll of 13 economists was for export orders to fall 1% from a year earlier. Forecasts ranged from an expansion of […]
Most Asian currencies moved little on Wednesday as caution kicked in ahead of a widely expected interest rate hike by the Federal Reserve, while the dollar fell amid hopes that the central bank will espouse a less hawkish outlook. The Japanese yen bucked the trend, rising 0.7% on expectations that the government will intervene further […]
By Administrator_ India Capital Sands Delhi government’s Women and Child Development Department will undertake a survey to identify children who have been orphaned during the COVID-19 pandemic. The department said it has appointed 20 welfare officers who will conduct the survey in different childcare homes, institutions, and district offices in the city. The officers have […]
By Administrator_ India Capital Sands The Reserve Bank of India has decided to transfer a surplus of Rs 99,122 crore to the central government, it said. The decision was taken at the 589th meeting of the Central Board of Directors of RBI on May 21, 2021. Last year, RBI transferred only 44 percent of its […]
By Ritu, Capital Sands India’s benchmark 10-year bond yield surged on Monday following the government’s decision to sharply increase market borrowing amid a major hit to the economy and public finances from the coronavirus pandemic. The government plans to borrow 12 trillion rupees ($160 billion) in the fiscal year to March 2021, up from the […]
