NEW DELHI (AP) — India’s central bank unexpectedly cut a key interest rate by a quarter percentage point, the second such cut this year because of lower inflation. Wednesday’s cut brings the policy repo rate, at which commercial banks can borrow from the Reserve Bank of India, to 7.5 percent.
BEIJING (AP) — A new survey shows China’s manufacturing activity improved in February for the first time in several months.
Foreigners who hold long-term leases on property in Thailand were in for a shock last week, when a Phuket court ruled that formerly attractive secured leases are “not valid.” Foreigners technically can’t own land in Thailand, but they can sign a 30-year lease that can be renewed twice, for two more subsequent 30-year periods.
Every February in Singapore, the Finance Minister unveils the Government’s Budget for the next fiscal year. And every February, the Budget is met with a variety of responses.
BEIJING (AP) — China is cutting interest rates again in a new effort to shore up its anemic economic growth.
India’s central bank cuts key interest rate to 7.5%
Wed, Mar 04, 2015 5:41PM UTC
Turkish Airlines jet skids off on runway in Nepal, passengers safe
Wed, Mar 04, 2015 5:32PM UTC
US cracks down on Chinese maternity tourism rings
Wed, Mar 04, 2015 5:21PM UTC