SEOUL (Reuters) – South Korea’s consumer inflation eased in February on cooling demand due to the coronavirus outbreak and falling oil prices, official data showed on Tuesday, underpinning the need for further rate cuts to boost consumption and growth. The consumer price index (CPI) rose 1.1% in February from a year earlier, Statistics Korea said, […]
Around 45,000 retirement village residents in 400 villages nationally are now living under more restricted conditions. One NZX listed entity has gone even further barring all but emergency movements at seven Auckland and New Plymouth places. Visitors are now barred and staff in full health and safety gear at all Auckland villages, owners say, but […]
LONDON (Reuters) – The likely slowdown in China’s economy due to the coronavirus outbreak is likely to shave 0.1 to 0.2 percentage points off both euro zone and UK growth this year, credit rating agency S&P Global estimated on Wednesday. Should the coronavirus peak in March, as is currently assumed, the shock to the European […]
