Xinhua
23 Feb 2021, 20:30 GMT+10
JAKARTA -- Indonesia's economic liquidity or money supply (M2) in January 2021 amounted to 6,761.0 trillion rupiahs (about 480.2 billion U.S. dollars), up 11.8 percent year-on-year, an official said.
Based on its component, the M2 growth was driven by quasi money, which grew by 9.7 percent year-on-year, lower than the 10.5-percent growth in December last year, particularly for time deposits, Erwin Haryono, executive director of the Communication Department at the Bank Indonesia, said in a statement on Tuesday. (Indonesia-M2 Growth)
- - - -
SEOUL -- South Korea's household debts hit a new record high last year as households rushed to purchase home and stocks with borrowed money amid the record-low policy rate, central bank data showed Tuesday.
Household credit reached a new high of 1,726.1 trillion won (1.6 trillion U.S. dollars) as of the end of December, up 125.8 trillion won (113.4 billion dollars) from a year earlier, according to the Bank of Korea. It marked the biggest yearly increase in four years since 2016. (South Korea-Household Debts)
- - - -
SINGAPORE -- The Ministry of Trade and Industry and Monetary Authority of Singapore (MAS) said on Tuesday that the MAS Core Inflation edged up to -0.2 percent on a year-on-year basis in January 2021, from -0.3 percent last December.
The rise was due to a smaller decline in services costs. (Singapore-Core Inflation)
- - - -
COLOMBO -- Sri Lanka's headline inflation dipped to 3.7 percent in January 2021 from 4.6 percent in December 2020, local media citing data from the Department of Census and Statistics (DCS) reported here Tuesday.
According to DCS data, inflation in food groups was 2.7 percent and driven by price increases in rice, coconuts, green chilies, vegetables, red onions, fresh fish, fresh fruits, turmeric powder, coconut oil, tamarind and dried chilies. (Sri Lanka-Headline Inflation)
Get a daily dose of Cincinnati Sun news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Cincinnati Sun.
More InformationWASHINGTON DC - To boost vaccination rates among minorities, particularly Black and brown Americans, senior Biden administration officials say the ...
WASHINGTON D.C.: The U.S. Justice Department has announced it will appeal a court ruling that the federal prohibition on evictions ...
WASHINGTON, DC - Following accusations of sexual harassment against New York Governor Andrew Cuomo, White House press secretary Jen Psaki ...
SAN FRANCISCO, CA: Small earthquakes reaching magnitude 3.7 were felt along California's Central Coast after midnight on Sunday, according to ...
WASHINGTON DC: Speaking to reporters on Sunday, Dr. Anthony Fauci said he would not hesitate to be inoculated with the ...
NEW YORK, New York: Following news reports that the National Football League (NFL) had signed a new agreement with Walt ...
SAN FRANCISCO, California: Airbnb hosts can see average earnings of up to $10,000 per year, Brian Chesky, CEO of Airbnb, ...
NEW YORK, New York - U.S. stocks lost ground on Wednesday as bond yields continued to spike. The technology sector ...
IRVING, Texas: McKesson Corp began distributing the Johnson & Johnson COVID-19 vaccine in the United States on Monday. McKesson is ...
United Airlines will pay $49.5 million to settle criminal fraud charges and civil claims pertaining to fraudulent conduct in violation ...
SYDNEY, NSW, Australia - Stocks in Hong Kong and mainland China jumped sharply on Wednesday dragging up indices in Australia ...
WASHINGTON D.C.: As preparations are underway to begin shipping Johnson and Johnson's COVID-19 vaccines this week, reports have been released ...