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Doubling for the year ended June 2026, thanks to stronger demand for poultry products and lower commodity prices.
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Regional governments turn to municipal bonds to plug budget gaps. Complex requirements and weak fiscal capacity remain major hurdles.
ING’s Francesco Pesole keeps a constructive stance on EUR/USD after recent US data, based on a view that the Federal Reserve is unlikely to deliver further tightening.
The yen remains within striking distance of a crucial level against the dollar, even after Prime Minister Sanae Takaichi’s government was said to support an interest-rate hike.
New Zealand’s petroleum and mining regulator has granted a 10-year petroleum mining permit in the onshore Taranaki region as the country looks to boost natural gas supply to the domestic market.