From Tokyo economic news latest update, Bank of Japan Minutes: Further Easing Measures Discussed, Members of the Bank of Japan's monetary policy board felt that additional easing measures may be necessary and discussed their options, minutes from the board's meeting on February 13 and 14 revealed on Tuesday
People's Bank of China (PBoC) election, Zhou Elected To China Advisory Body; May Stay On As PBoC Chief, Zhou Xiaochuan was elected as a vice chairman of China's top government advisory body on Monday, a move that will allow him to serve as head of the People's Bank of China (PBoC) beyond retirement age
U.K. House prices continued to fall, UK Home Sales Hit 2-1/2 Year High; Prices Fall, House sales in the UK rose to its highest level in two and a half years in February, but prices continued to fall, a report from the Royal Institution of Chartered Surveyors' (RICS) showed Tuesday. The survey results suggest that the improvement in transaction levels largely reflected increased availability of cheaper home loans as a result of the Bank of England's Funding for Lending Scheme
From New Delhi economic news, India Industrial Production Rebounds In January, Growth Exceeds Forecast, India's industrial production increased for the first time in three months in January, thanks to a rebound in manufacturing output accounting for roughly three-fourths of the total industrial output. The data is likely to temper expectations of another rate cut after the central bank lowered the policy rate in January
U.K. Recession latest update, U.K. Industrial Output Falls Unexpectedly In January, Britain's industrial and manufacturing production declined unexpectedly in January, largely due to the closure of a North Sea oil platform and wiped out the growth in the previous month, data from the Office for National Statistics showed Tuesday. Industrial production declined 1.2 percent month-on-month in January, confounding expectations for a 0.1 percent increase
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