Mon, 18 Oct 2021

SEOUL -- Price for goods and services among South Korean suppliers kept rising for 10 straight months due to higher farm goods price, central bank data showed Friday.

The producer price index (PPI) stood at 110.72 in August, up 0.4 percent from the previous month, according to the Bank of Korea (BOK). (South Korea-PPI)

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CANBERRA -- Australia's COVID-19 vaccine rollout is about to hit a milestone with half of the adult population fully inoculated.

According to data released by the Department of Health, 74.1 percent of Australians aged 16 and older have received at least one COVID-19 vaccine dose and 49.3 percent are fully vaccinated.

On Friday morning, Australia reported more than 1,700 new locally-acquired COVID-19 infections as the country continues to battle the third wave of infections.(Australia-COVID-19-Vaccination)

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HONG KONG -- The Southbound Trading under China's Bond Connect program was officially launched on Friday, another major measure taken by the country to support development of the Hong Kong Special Administrative Region.

According to a joint announcement issued by the People's Bank of China (PBOC) and the Hong Kong Monetary Authority (HKMA), the southbound channel will enable mainland institutional investors to invest in the Hong Kong bond market through connection between the mainland and Hong Kong financial infrastructure services institutions. (Hong Kong-Southbound Bond Connect)

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WELLINGTON -- New Zealand's imports increased 1.8 billion NZ dollars (1.27 billion U.S. dollars) year-on-year in August, resulting in a record monthly trade deficit of 2.1 billion NZ dollars, the statistics department Stats NZ said on Friday.

"This is a larger deficit than normal because of higher values for imports, particularly vehicles, continuing the trend observed over the last few months," international trade manager Alasdair Allen said in a statement. (New Zealand-Trade Deficit)

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