Economic News

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  1. BG/SBLC/LC FOR LEASE

    kang64 We specialized in Bank Guarantee {BG}, Standby Letter of Credit {SBLC}, Medium Term Notes {MTN}, Confirmable Bank Draft {CBD} as
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  2. 7 signs Australia is heading for an 'economic apocalypse'

    HappyBear Cool a listicle that they resurrect and rewrite every few months.
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  3. In search of the elusive American Dream

    salvation Ross Gittins Recent political shocks – Brexit, Trump and the failure of Theresa May – are prompting much soul-searching and reth
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  4. UBS: Bankers leaving London due to Brexit could shake up the property market

    salvation by Thomas Colson LONDON — A mass relocation of financial services staff due to Brexit could free up swathes of houses in central
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  5. India Rolls Out Massive Tax Reform, Businesses Brace for Chaos

    salvation Prime Minister Narendra Modi launched India’s biggest tax reform in its 70-year history, as businesses and citizens across the c
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  6. Judge Orders Illinois to Start Paying Medicaid Backlog

    salvation By Janan Hanna and Elizabeth Campbell With just hours remaining before a midnight deadline to pass a state budget, a federal jud
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  7. PARIS STEPS UP EFFORTS TO ATTRACT US BANKS AFTER BREXIT

    salvation 30.06.2017 09:25 AM The French government will open a tribunal in Paris to handle financial cases in English in an effort to att
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  8. Australia at risk from high household debt: Bank for International Settlements

    salvation but it was government/RBA policy to make interest only loans more difficult ,( not just investment housing ) i love to bash the
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  9. Troubled Italian banks to be wound down

    ken_45 Italy will pay up to 17 billion euros ($19 billion) to rescue two Venetian banks that are facing bankruptcy, the government said
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  10. U.S. bank investors hope Fed stress test results lead to big payouts

    salvation By Pete Schroeder and David Henry Investors are hoping the Federal Reserve will allow big U.S. banks to put an estimated $150 b
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  11. FMDs on track to set benchmark

    salvation THE National Australia Bank (NAB) says farm management deposits are on track to again smash the past year’s record as producers
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  12. Rising Pension Debts Checking Muni Supply, Morgan Stanley Says

    salvation A drop in the sale of state and local government debt this year may have a culprit other than rising interest rates. Analysts at
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  13. Creditors Leave Athens With No Breakthrough in Talks

    salvation By Philip Chrysopoulos - Mar 10, 2017 Creditors’ teams left Athens on Thursday without a breakthrough in negotiations, as all th
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  14. Eurozone inflation above European Central Bank's target

    salvation Eurozone inflation has risen above the European Central Bank's (ECB) target rate for the first time in four years. Inflation in
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  15. US Treasury rekindles interest in rare century bond

    salvation The United States has rekindled interest in ultra long-term debt, including possibly a rare century bond, to lock in the current
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  16. Ex-IMF boss Rato: fallen star of Spain's conservatives

    salvation Madrid (AFP) - Former IMF chief Rodrigo Rato, who was convicted Thursday of embezzlement, was once a leading light in Spain's ru
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  17. 'It's like a jungle gym': Young professionals climb corporate ladder part-time

    salvation by Misa Han and Sergio Magliarachi A generation of young professionals are choosing to work part-time in order to climb the corp
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  18. South Korea, Australia to Extend Currency Swap Line

    salvation China has been doing a lot of these , India , Japan , and Iran were biggies from memory ( probably Russia as well ) South Korea
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  19. RBA rate left unchanged

    salvation By Shuli Ren As expected, the Reserve Bank of Australia kept its benchmark rate unchanged at 1.5%. RBA's statement reads neutral
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  20. Hungary Plans to Crackdown on All Soros-Funded NGOs

    salvation by Zoltan Simon Hungary plans to crack down on non-governmental organizations linked to billionaire George Soros now that Donal
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  21. Italians to pay three-quarters of bank bailout bill

    salvation Monte dei Paschi di Siena (BMPS) is widely considered to be the world's oldest bank. (AFP) The Italian state will foot 6.6 billi
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  22. How Deutsche's big bet on Wall Street turned toxic

    salvation By Edward Taylor | FRANKFURT Deutsche Bank's pursuit of success on Wall Street has come at a high price, a $7 billion plus penal
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  23. Monte Paschi Said Headed for Nationalization After Sale Failure

    salvation Banca Monte dei Paschi di Siena SpA will probably fail to lure sufficient demand for a 5 billion-euro ($5.2 billion) capital inc
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  24. Lagarde keeps IMF job, escapes penalty after negligence conviction in France

    salvation By Chine Labbé and David Lawder | PARIS/WASHINGTON International Monetary Fund chief Christine Lagarde escaped punishment and ke
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  25. New Zealand Prime Minister John Key says he's stepping down in a surprise move.

    salvation maybe but NZ has a nice position to slide from ( unlike Australia which is in a mess it seems to wallow in ) i will watch closel
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  26. Italy's Renzi to resign after referendum rout

    waz123 My theory on EU is the more south you go the more useless the country with everything. There all to blame in Italy for the utter
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  27. Hollande Leaves Successor to Fix French Economy

    salvation not many glimpses of positive news ( but please note , i think China is doing better in the slowing down process than i was expe
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  28. Monte dei Paschi faces potential legal claims for $8.5 billion: document

    salvation Ailing Italian bank Monte dei Paschi di Siena (BMPS.MI) said on Monday it is facing potential legal claims for a total of more t
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  29. Bank of England sets new rules to end bank bailouts

    salvation time will tell if the banks actually fold ... ( political campaigns can be so expensive ) the GFC wasn't fixed ... one day maybe
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  30. New Zealand Dethrones Singapore as Easiest Place to Do Business

    salvation New Zealand has overtaken Singapore as the best country in the world to do business, according to the World Bank. Singapore slip
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  31. JCB leaves CBI 'over Brexit stance'

    salvation The construction firm JCB has left the business lobby group, the CBI, reportedly because of its anti-Brexit stance. A JCB spokes
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  32. Latin America Bucking Global Protectionist Trend, Ministers Say

    salvation Latin American nations will press ahead with effort to integrate their economies and won’t fall victim to the growing protection
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  33. Finance week ahead: RBA meets while Deutsche Bank, oil dominate global markets

    bladerunner Finance week ahead: RBA meets while Deutsche Bank, oil dominate global markets By business reporter Stephen Letts Posted 20 minu
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  34. Commerzbank plans to cut 9,600 jobs

    salvation Germany's second-biggest lender, Commerzbank, is planning to cut 9,600 jobs over the next four years and cease dividend payments
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  35. Germany 'prepares Deutsche Bank rescue'

    salvation Deutsche Bank AG, eager to turn a tide of pessimism that drove its stock to record lows, dismissed speculation it will have to r
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  36. Bank of America Sees China Crisis, BlackRock Only Bumps in Road

    salvation A financial crisis may happen in China at any time because of the nation’s debt woes, according to Bank of America Corp., while
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  37. Fed may change stress tests, capital buffers for U.S. banks: Yellen

    salvation The Federal Reserve is considering changing the annual stress tests it gives to U.S. banks to see if they can withstand a massiv
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  38. RBS to pay $1.1bn to settle certain US mis-selling claims

    salvation Royal Bank of Scotland is to pay $1.1bn (£846m) to settle two claims it mis-sold toxic mortgage securities in the run-up to the
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  39. US Federal Reserve will shock markets with rate hike: Barclays, BNP

    bladerunner A rate hike this week by the Fed would be the 'mother of all surprise SEPTEMBER 20 2016 - 4:40PM Brian Chappatta There's uncommo
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  40. Lost Locomotive Leaves World Growth Struggling to Gain Speed

    salvation Here’s what’s wrong with the world economy: No nation has the will or the way to be the locomotive for global growth. The Federa
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  41. AUSSIES WORK FEWER HOURS

    salvation sorry Ken can't be much help there , it is fairly hard to find a buddy living on ONE income ( without some government assistance
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  42. UK interest rates left unchanged at 0.25%

    salvation The Bank of England has left its main interest rate at 0.25% but says another cut is still a possibility. The decision of the Mo
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  43. Unconventional monetary policy is now conventional

    salvation by Anne Anderson on September 15, 2016 0 The speech delivered by Janet Yellen, Chair of the Federal Reserve, on 26 August 2016 a
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  44. India takes U.S. renewable energy dispute to the WTO

    salvation India has complained to the World Trade Organization about support given to the renewable energy industry in eight U.S. states,
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  45. Get set for an ugly start to the week with the ASX/SPI 200 futures pointing to an avalanche of sell orders on Monday morning

    salvation don't take honey with into the market today https://www.youtube.com/watch?v=PRVCg5HvVFk
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  46. Why China Isn't a Financial Center

    salvation By Christopher Balding Amid all the buzz about China's hosting the G-20 summit in Hangzhou -- all the accords, arguments and all
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  47. ECB holds $1 trillion euros of govt debt

    salvation After 18 consecutive months of buying government bonds to pump up the economy and raise inflation, the European Central Bank's h
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  48. DJ Australia's Central Bank Keeps Rates Unchanged

    salvation By James Glynn SYDNEY--Australia's central bank kept interest rates steady at a record low 1.5% Tuesday, and signalled that they
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  49. Governments have 'limited firepower' to deal with future financial shocks: Future Fund

    salvation Georgia Wilkins Future Fund chairman Peter Costello says governments are " running out of shots " to protect against any futur
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  50. Hanjin bankruptcy creates shipping chaos

    salvation The bankruptcy of the Hanjin shipping line has thrown ports and retailers around the world into confusion, with giant container
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