India's central bank on Friday maintained the country's cash reserve ratio at 3%.
The Reserve Bank of India has held the rate steady since December 2025, and analysts did not expect a change to the ratio during its recent meeting, according to a consensus from Investing.com.
Chinese car exports to Australia reached nearly 36,000 units in April, overtaking Japan's 29,000 deliveries, Bloomberg News reported Friday, citing government data.The number drove Chinese car deliveries to Australia in the first four months of 2026 to above 100,000, 51% higher compared with the year-ago period, the report said.Imports from BYD (HKG:1211, SHE:002594) helped lift Chinese car imports, according to the report.Electric vehicles and hybrids comprised nearly 46% of new car sales across all sources in May, the Federal Chamber of Automotive Industries said Wednesday.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
The Monetary Policy Committee of the Reserve Bank of India (RBI) on Friday kept the repo rate unchanged at 5.25% and maintained a neutral policy stance.The decision was taken at the Committee's meeting held from June 3 to June 5.The committee also kept the standing deposit facility rate unchanged at 5.00%, and the marginal standing facility rate and the bank rate at 5.50%.
Thailand's consumer price index rose 2.79% in May from a year earlier, easing from a 2.89% increase in April, the country's Trade Policy and Strategy Office said on Friday.The reading came in below analysts' expectations for a 3.90% increase, according to Investing.com data.The core inflation, which excludes volatile energy and fresh food prices, rose by 0.92% in May from a year earlier, faster than the 0.83% increase in April and against analysts' 0.9% consensus forecast.