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Central banks are in sync on need for fresh stimulus

It is unclear whether fine-tuning rates will be enough to revive decade-old expansions

China shares fall as June producer prices fuel growth, deflation fears

SHANGHAI: Chinese shares fell on Wednesday as flat producer price inflation fuelled concerns about domestic growth, and a flood of initial public offerings targeting Shanghai’s new tech board diverted funds from the rest of the market.

Japan's May household spending rises at fastest pace in 4 years

TOKYO: Household spending in Japan rose at the fastest pace in four years in May, in a sign improving domestic demand will offer some support for an economy facing growing external pressure.

BoJ policymaker sees no need for immediate easing

HIROSHIMA: The Bank of Japan (BoJ) does not need to ramp up monetary stimulus for now as a moderate recovery is expected later in the year but should be ready to loosen policy further if external pressure on the economy intensifies, board member Yukitoshi Funo said yesterday.

‘Is that a typo?’ Australia recoils at record-low yields

SYDNEY: Australia is about to reach its last percentage point of interest-rate ammunition, dragging the country’s economy and markets deeper into the low-yield world that’s already engulfed many of its developed-world peers.

Malaysia's CPI grows 0.2% in May

KUALA LUMPUR: Malaysia's consumer price index (CPI) grew 0.2% in May over the same month last year, underperforming the median forecast of a Reuters poll for the index to rise 0.3% year-on-year.