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Hong Kong's Consumer Prices Rise 1.5% in June
The larger increase was due mainly to a year-over-year decline in the government's provision of electricity charges subsidy as compared to June 2023.
Hong Kong's Unemployment Rate Remains Consistent in April-June
The unadjusted unemployment rate also stayed the same across the two periods at 1.2%.
India Growth Likely to Slow But Keep Outpacing Regional Peers -- Market Talk
India's economy will likely slow this year from 2023, but remain the fastest-growing in developing Asia, ADB says in a report.
India's Goods Exports, Imports Grow in June
India's total exports, merchandize and services, increased by 5.4% on year in June to $65.47 billion, while imports rose 6.29% in the same period to $73.47 billion, reported the Ministry of Commerce and industry (MCI) on Monday.
Short-term Hong Kong dollar interbank rates rise, overnight interbank rates rise to 4.48%, reaching a new high in nearly a week.
On July 16th, the short term interbank rates for Hong Kong dollars increased, but long term rates remained soft. Among them, overnight rates rose slightly by 4 basis points to a new high of 4.48131% in the past week.
India's Wholesale Price Inflation Rises in June
India's wholesale prices climbed 3.4% year on year in June after jumping 2.6% in May as manufacturing, primary articles, and food prices rose, according to data released by the Ministry of Commerce