Economic News

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  1. China Seeks Financial Cooperation With U.K.

    salvation Bloomberg News December 16, 2017, 5:31 PM GMT+10 Updated on December 16, 2017, 10:54 PM GMT+10 Vice premier Ma says U.K. has obv
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  2. Basel III Is Too Kind to Europe's Banks

    salvation The new standards for capital have been watered down to win over the EU. by The Editors December 15, 2017, 5:00 PM GMT+10 Europe
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  3. Australian jobs boom at odds with consumption and wages puzzle

    salvation by Vesna Poljak Phillip Coorey Sue Mitchell Boom-time levels of jobs growth in the Australian economy have defied expectations f
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  4. China's ban on foreign waste leaves Australian recycling industry eyeing opportunities

    salvation By Phil Lasker, Jenya Goloubeva and China correspondent Bill Birtles When you put out the recycling bin, do you stop to think ab
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  5. STATES ON EU TAX HAVEN BLACKLIST VOICE ANGER

    salvation 07.12.2017 03:46 PM Several countries protested Wednesday against their inclusion on a European Union tax haven blacklist, with
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  6. Mortgage Banks in Firing Line as Basel Readies Capital Rules

    salvation By Boris Groendahl and Nicholas Comfort Big European mortgage lenders in low-risk markets may be the hardest hit by new capital
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  7. Trudeau’s China Trade Mission Risks Upending Canadian Alliances

    salvation Josh Wingrove, Peter Martin and Chris Fournier Prime Minister Justin Trudeau is visiting China in an effort to boost Canadian tr
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  8. China airs 'strong dissatisfaction' over U.S. statement to WTO: Xinhua

    salvation Reuters Staff SHANGHAI (Reuters) - China’s Ministry of Commerce (MOFCOM) has expressed “strong dissatisfaction and firm oppositi
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  9. Greece, lenders reach deal on reforms under bailout review

    salvation Reuters Staff ATHENS (Reuters) - Greece and official creditors on Saturday concluded talks on the review of its bailout progress
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  10. BOE Says Stress Test Shows Banks Can Withstand Disorderly Brexit

    salvation By Stephen Morris November 28, 2017, 5:07 PM GMT+10 Barclays and RBS fall short, but don’t have to raise capital BOE raises coun
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  11. French minister 'shocked' by job cuts at Nestle's Galderma unit

    salvation Reuters Staff PARIS (Reuters) - French Finance Minister Bruno Le Maire said on Saturday he was particularly “shocked” by Nestle’
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  12. U.S. regulator preparing to sue Santander bank over auto loans: sources

    salvation Patrick Rucker WASHINGTON (Reuters) - A leading U.S. consumer watchdog is preparing to sue Santander bank [SOVBAN.UL] alleging t
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  13. Japan trade surplus drops 40% in October

    salvation AFP / 1:09pm AEDT Tokyo (AFP) - Japan's October trade surplus shrank 40.7 percent from a year earlier as growth in exports were
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  14. Market euphoria could be setting up a Minksy moment, Paul Keating says

    krueger most of our hard earned tax dollars end up lining the pockets of drug dealers . Austerity is the only thing keeping our economy
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  15. Fewer Foreign Students Means a Smaller Contribution to U.S. Economy

    salvation By Naula Ndugga New international enrollments declined for the first time in 12 years amid growing global competition The U.S. c
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  16. The Kohler Report

    salvation add in the total ASX market cap. has shrunk ( in $US dollar terms , ) since 2011 to UNDER GFC levels and yes very sobering ( i h
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  17. Japan's Biggest Banks Confront Harsh Reality With Cost Overhaul

    salvation By Gareth Allan and Yuki Hagiwara Mizuho is said to weigh cutting third of workforce in 10 years BOJ says lenders’ overcapacity
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  18. Fed Signals December Hike On Track a Day Before Trump Announces Next Chair

    salvation By Christopher Condon Federal Reserve officials voted unanimously to leave interest rates unchanged while signaling they remain
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  19. U.S. Posts Its Largest Budget Deficit Since 2013

    salvation By Erik Wasson and Saleha Mohsin The U.S. posted its largest budget deficit since 2013 in the fiscal year that just ended, as a
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  20. Who Has the World's No. 1 Economy? Not the U.S.

    salvation By the most measures, China has passed the U.S. and is pulling away. By Noah Smith What’s the most powerful country in the world
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  21. IMF warns of low inflation risk

    salvation Member countries of the International Monetary Fund have welcomed the global upswing in economic activity but warned that the re
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  22. Euro zone bailout fund may get monitoring powers next year

    salvation Jan Strupczewski WASHINGTON (Reuters) - The European Stability Mechanism (ESM) could get new powers to monitor euro zone economi
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  23. China's Direct Investment in South Korea Plunges on Restrictions

    salvation By Kyungji Cho and Jiyeun Lee China’s direct investment into South Korea has dropped drastically as Beijing curbs overseas inves
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  24. A Decade of Political Dysfunction Weighs on Australia’s Economy

    salvation Bloomberg News October 6, 2017, 3:12 PM GMT+10 From afar, Australia’s seen as a miracle economy with its 26 years of unbroken gr
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  25. China's Central Bank Unveils Targeted Lending Plan to Aid Growth

    salvation China’s central bank said it will reduce the amount of cash lenders must hold as reserves from next year, with the size of the c
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  26. Debt Traders Aren't Buying 3% Growth

    salvation By Lisa Abramowicz Wall Street almost uniformly disagrees with Treasury Secretary Steven Mnuchin's assessment that 3 percent eco
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  27. RBA to pay $1.3 billion dividend after first loss since 2010-11

    salvation The Reserve Bank of Australia will pay the federal government a $1.3 billion dividend, despite making a $900 million loss due to
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  28. China to US: Please stop sending us your junk

    salvation Jacopo Prisco - CNN - Friday, September 15, 2017 For decades, shipping containers have been loaded with American scrap and waste
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  29. Xi Jinping

    salvation By Ting Shi There are many faces to Xi Jinping, the most powerful Chinese leader in decades. There’s tough-guy Xi, cracking down
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  30. Mnuchin Threatens More Sanctions on China Over North Korea

    salvation by Saleha Mohsin and Arit John Treasury Secretary Steven Mnuchin warned the U.S. may impose additional sanctions on China -- pot
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  31. Xi Calls for BRICS to Play a Bigger Role in World Governance

    salvation According to the Mexican minister for Asia and the Middle East, BRICS is a good platform for sharing visions, while allowing mem
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  32. Sudan Hopes to Deepen Economic Ties With Russia - Officials

    salvation Sudan seeks to further develop economic relations with Russia and is open to the Russian investment, Awad Ahmed Al-Jaz, the Suda
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  33. Opioid Use May Explain 20% of Drop in American Men’s Labor-Force Participation

    salvation In China, recreational use began in the 15th century,[citation needed] but was limited by its rarity and expense. Opium trade be
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  34. RETAIL TRADE

    salvation “Normal” spending; Record exports to China International trade; Retail trade Trade surplus: The trade surplus narrowed from $888
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  35. GERMAN INDUSTRIAL OUTPUT SKIPS A BEAT IN JULY

    salvation Industrial production in Germany failed to recover in July from a slide the previous month, official data showed Thursday, with
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  36. BRICS Countries in Talks on Establishing Joint Credit Rating Agency - Official

    salvation President of the Russian Chamber of Commerce and Industry (CCI) Sergey Katyrin said Sunday that the BRICS nations " have made r
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  37. No Hope? Brussels' Troubles 'Herald the Beginning of the EU's Breakup'

    salvation Touching upon Ireland's possible withdrawal from the EU in an interview with Sputnik, Peter O'Loughlin, a founding member of the
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  38. 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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  39. 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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  40. 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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  41. 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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  42. 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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  43. 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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  44. 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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  45. 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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  46. 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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  47. 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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  48. 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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  49. 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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  50. 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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