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BOK cuts base rate to record low
The Bank of Korea (BOK) on Wednesday slashed its policy rate by a quarter percentage point to 1.25 percent, noting the growth of the local economy may further slow without support for sluggish exports and domestic consumption.
India cuts key rate for fifth time
India’s central bank cut its key interest rate for a fifth straight time this year, moving aggressively to revive economic growth as the banking system faces new stresses.
Official says rate of tourists' arrival in Iran increases by 40 percent
Around 3 million tourists visited Iran during first four months of this year (started March 21) which indicates 40 percent rise compared to the corresponding period last year, deputy minister of the Cultural Heritage, Handicrafts and Tourism of Iran Vali Teymouri said on Thursday.
Surprise rate cut in Mexico 'no use' for growth in short term
The Mexican central bank’s surprise interest rate cut on Thursday is likely to have a limited impact at best on lifting growth this year after the sluggish economy narrowly avoided recession in the first half of 2019, analysts say.
China unveils rate reform to steer funding costs lower for firms
China’s central bank unveiled a key interest rate reform on Saturday to help steer borrowing costs lower for companies and support a slowing economy that has been hurt by a trade war with the US.
Iran’s electrification rate at 99.9%: Official
Iran is nearing a full electrification rate as people are gaining access to power in villages and remote areas at a rapid pace, said a government official.
Reuters polls: Global economic growth rut at risk of deepening despite rate cuts
A global economic growth rut risks deepening, despite expectations that major central banks will cut rates or ease policy further, according to Reuters polls of over 500 economists who remain worried about the US-China trade war.
Fragile world manufacturing front and center of Fed rate debate
Federal Reserve policymakers will meet in two weeks to weigh an interest-rate cut against the backdrop of a booming US stock market, a seemingly unflappable American consumer and steady job growth.
Will ECB walk or just talk as rate circus comes to Europe?
The global march towards lower interest rates reaches Europe this week with the European Central Bank expected at least to signal easier monetary policy, while Turkey’s new banking chief is seen taking an ax to the country’s rates.
US-China trade war, interest rate rises spell losses for the super-rich
Donald Trump’s trade war with China and fears over rising interest rates triggered stock market losses worth $2 trillion (£1.6 trillion) for the world’s super-rich last year.
Reuters poll: Thai central bank seen holding key rate despite flagging growth
Thailand’s central bank is expected to keep its benchmark policy rate steady on Wednesday for a fourth straight meeting, a Reuters poll showed, despite slowing growth and the way many Asian central banks have shifted toward easing policy.
Malaysia joins Asia easing cycle with quarter-point rate cut
Malaysia’s central bank cut its benchmark interest rate for the first time since July 2016, seeking to support the economy as global risks mount.
Reuters poll: Indonesia central bank seen holding key rate now, cutting it later this year
Indonesia’s central bank will keep interest rates on hold on Thursday, a Reuters poll showed, though some economists say a rate cut to bolster economic growth is coming — and one sees a possible trim next month.
South Korea’s unemployment rate hit 4.5% in January
South Korea’s employment indices have continued to struggle so far this year, with the jobless rate hitting a record high since the aftermath of the global financial crisis, and the number of newly employed people extending a five-month low, government data showed on Wednesday.

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