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Australian PM's Support Rises After Big-Spending Budget
Australian Prime Minister Anthony Albanese’s personal approval rating climbed and support for his government improved after last week’s budget, even as economists warned the spending measures could exacerbate inflationary pressures.
RBA's Policy Meeting Minutes to Carry Hawkish Warning -- Market Talk
The minutes of the RBA's recent policy meeting are published on Tuesday, and they will almost certainly be more hawkish than prior communications from the central bank.
Hong Kong's GDP Growth Slows to 2.7% in Q1, Revised Figures Say
GDP during the preceding quarter rose by 4.3%, while the seasonally-adjusted GDP rose by 2.3%, the report said.
Hong Kong's GDP grew 2.7% year on year in the first quarter and remained unchanged at 2.5% to 3.5% for the whole year
On May 17, the Hong Kong Government published the “Economic Report for the First Quarter of 2024” and revised GDP figures for the first quarter of 2024.
UBS Says Australia's Budget Doesn't Change Its View on Central Bank Action
Australian Federal Treasurer Jim Chalmers delivered his third budget and second consecutive surplus of A$9.3 billion, noted UBS.
Australia's Unemployment Rate Rises More Than Expected in April
Australia saw a higher-than-expected jobless rate in April as more people looked for work, according to figures released by Australian Bureau of Statics on Thursday.