Asia

India's WPI inflation drops 2.1% YoY

By February, wholesale inflation has averaged 2.5%.

Easing required amid China's weak growth momentum

Latest economic activity report is disappointing.

Indonesia in need of stronger investment

Non-oil export growth was the worst in 3 years.

BOK raises concerns over household debt

They held rates steady at 2.00%, as a result.

Thailand’s private consumption and investment growth still below potential

GDP growth came in at 2.3%, just a little short of forecast.

Japan’s megabanks saw 22.3% profit surge to ¥718.86 in 4Q14

Thanks to lower credit costs and growing overseas business.

PBoC cut banks’ RRR to 19.5% effective today

This should encourage them to boost lending.

RBI refrains from lowering rates amid quiet disinflationary trend

And lack of material changes in the fiscal outlook.