Global News

Greek banks to face new stress tests

by AFP
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Top four lenders to undergo asset quality review this month ahead of formal stress tests.

Robb can still get a good TPP deal: Joyce

by AAP
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Agriculture minister confident deal on Trans-Pacific Partnership remains possible this year.

Pacific trade deal talks fall flat

by AAP
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Abbott government insists TPP deal still within reach despite breakdown in negotiations.

Greek market to reopen Monday

by AFP
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Senior EU-IMF auditors hold first meetings on bailout as Athens stock market prepares to reopen.

US consumer sentiment slips in July

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Consumers remain uncertain about the economy, final July data show.

Dairy sours Pacific trade talks

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Unexpected dispute over dairy exports threatens agreement on the TPP trade pact.

US employment costs rise 0.2% in Q2

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US labour costs grew at the slowest pace in more than 30 years, signalling sluggish wage growth.

EU inflation and jobless rate steady

by AFP
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​Inflation in the 19-nation eurozone was unchanged in July while the jobless rate for June was also flat.

Greek PM called for Grexit contingency

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Tsipras admits in parliament to making contingency plans in case Greece was forced from the euro.

US spies on Japan trade talks: WikiLeaks

by AFP
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Newly published Wikileaks papers show Australia receives US intelligence on Japanese trade talks: The Saturday Paper.

The Week Ahead

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Retail trade and employment figures will dominate local headlines, while key data releases are scheduled for release in China and the US.

Picks of the Week

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In this week's reading guide, Kohler analyses the threat to the banks, Pickering looks at our cost of living pressures and Bartholomeusz sees clear skies for Virgin.

Syriza to hold emergency congress

by AFP
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Greek party to hold congress in September as deep divisions form over bailout reforms.

A tale of two tailwinds for Aussie stocks

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Iron ore prices and the outlook for Fed rate hikes have previously caused much market uncertainty, but the winds of change are blowing.

IMF warns Greece bailout will take time

by AFP
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Fund says final deal still 'some time' away, difficult decisions needed on both sides.

Greek PM calls party congress on bailout

by AFP
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Tsipras proposes party referendum on bailout in order to quell unease within Syriza.

A growth concern won't stop the Fed

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There's nothing in the latest US growth data to delay a Fed rate hike, though the heavy reliance on the household sector leaves little room for error.

US Q2 GDP at 2.3%, misses forecasts

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US growth rebounds less than market expected, but Q1 GDP revised sharply higher.

US weekly jobless claims up by 12,000

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The number of US workers filing for benefits rose last week but labour market is strengthening.

German July jobless claims rise

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German jobless claims unexpectedly gain in July but unemployment rate stable at 6.4%.

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