Economic News

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  1. 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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  2. 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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  3. 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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  4. 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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  5. 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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  6. 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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  7. 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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  8. 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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  9. 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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  10. 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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  11. 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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  12. 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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  13. 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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  14. 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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  15. 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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  16. 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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  17. 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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  18. 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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  19. 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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  20. 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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  21. 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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  22. 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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  23. 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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  24. 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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  25. 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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  26. 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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  27. 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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  28. 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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  29. 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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  30. 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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  31. 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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  32. 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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  33. '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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  34. 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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  35. 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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  36. 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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  37. 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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  38. 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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  39. 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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  40. 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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  41. 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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  42. 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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  43. 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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  44. 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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  45. 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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  46. 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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  47. 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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  48. 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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  49. 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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  50. 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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