Global News

Eurozone retail sales surge

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Fourth straight month of gains, fastest rate of growth in nine years.

UK property 'safe haven' for corrupt cash

by AFP
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Corruption report over 36,000 London properties held by companies in offshore tax havens.

Will the Trans-Pacific Partnership be a good deal for Australia?

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With negotiations at a critical stage and the potential ramifications for our economy so large, it is surprising how little public debate there has been concerning this trade deal.

US auto sales lose steam in Feb

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Bitter cold weather dampens car sales in February after string of strong months.

Ukraine central bank hikes key rate to 30%

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Central bank lifts refinancing rate from 19.5 per cent to stabilise financial system.

German retail sales surge in January

by AAP
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Consumers looks set to drive growth in Europe's largest economy.

Spain's jobless claims drop sharply in February

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Largest monthly drop since February 2001.

The ECB's awkward first step towards transparency

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The ECB's decision to start releasing the minutes of its policymaking meetings is welcome, but it doesn't go far enough.

Low commodity prices to hit budget

by AAP
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World Bank sees world economy 'limping along', stymied by weak global trade.

Greece seeking third bailout: Spain

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Spanish minister says EU, Greece negotiating a third bailout, worth as much as €50bn.

US manufacturing slows further in Feb

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First quarter slowdown seen in US manufacturing, but sector still expanding.

Consumer spending, incomes rise in US

by AFP
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Consumer spending and incomes lift in January amid a decline in consumer prices.

Merkel asks for Greece's reform details

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German Chancellor says Friday's bailout extension is an opportunity for Greece.

Eurozone consumer prices fall

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Jobless rate hits lowest point since 2012; good sign ahead of ECB Cyprus meeting.

UK mortgage approvals tick up

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Sign activity in housing market might be stabilising after a recent dip.

India factory output at 5-month low: data

by AFP
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Business demand remains sluggish as government skips big budget reforms.

India’s budget highlights ongoing economic concerns

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The Modi Government’s first budget has aimed to please people across the political spectrum, but many were hoping for more.

A financial system still dangerously vulnerable to a panic

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The Federal Reserve’s powers to act as lender of last resort need to be restored and strengthened.

It’s not easy being Warren

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Warren Buffett’s annual letter to Berkshire Hathaway shareholders is full of useful advice for every chairman, CEO and fund manager out there -- if only they'd listen.

Greece will not chase new bailout: PM

by AP
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Alexis Tsipras says nation won't seek a third bailout deal, warns of 'long, difficult war'.

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