Global News

Business leaders relieved after Scottish vote

Shell, BAE praise referendum result, bank shares soar.

Eurozone current account surplus widens slightly

July print shows surplus of €18.7 billion.

World must lift growth: US

by AAP
The US Treasury Secretary, currently in Australia, says global growth is lagging.

Scotland rejects independence

Voters decide against independence in historic referendum, despite Glasgow voting to leave UK.

The Week Ahead

The RBA's bi-annual Financial Stability Review will be in focus, while ‘flash’ readings on manufacturing activity in the US, Europe and China will also be closely watched.

Markets should brace for a wild ride

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Talk of the Fed's tightening has seen the surging greenback have a dramatic impact on currency markets around the world -- and there's more volatility to come.

PM confirms Canberra threat

by AAP
Abbott says Parliament House has been a target for terrorists, security to be beefed up.

Counting underway in Scotland

Glasgow votes 'yes', but those against still dominate the count so far.

Central banks warn on complacency

Global central bank chiefs warn investors are fleeing to less regulated, higher risk markets.

The growing economic toll of West Africa's Ebola crisis

Estimates from the World Bank suggest that unless the Ebola outbreak is contained, its impact on West Africa economies could prove catastrophic.

FSB warns of market complacency

by AAP
Board still sees risks in corporate debt, OTC derivatives and 'shadow banking'.

US families must boost savings: Yellen

by AAP
Fed survey shows most households would have trouble coping with unexpected expense of $US400.

Ireland's economy surges ahead of eurozone

GDP data shows strongest performance in Europe.

US jobless claims fall to 280,000

Labor Department data shows new applications near post-recession lows.

US housing starts slip in August

Decline in housing starts larger than expected after record surge in July.

ECB bank loan uptake disappoints

Initial take-up of four-year loan facility below expectations, could raise doubts on program's efficacy.

UK retail sales accelerate in August

Lift in monthly sales indicates growing economic momentum.

Hockey upbeat on G20 growth target

by AAP
Treasurer eyes progress report on 2 per cent global growth goal.

Reading between the lines of the Fed's cautious communication

Normalisation of US monetary policy is likely to become a reality next year, but the Federal Reserve remains cautious in communicating this to markets for fear of sending investors rushing for the exit.

IMF wants G20 to set clear plan

by AAP
International Monetary Fund urges higher infrastructure spending, easing trade restrictions.