Global News

Why ‘womenomics’ is the way forward for Japan

A major part of Shinzo Abe’s economic growth strategy involves increasing the participation of women in the workforce. The first port of call should be to reform its outdated labour market practices.

Why the Fed won't flex its muscles on rates

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A dovish Federal Reserve is unlikely to act prematurely on rates, and continued modest inflation is likely to delay a rate rise until there is sufficient wage growth.

France's indecent proposal is an affront to policymaking

France's plan to press Germany for more fiscal stimulus isn't just informed by spurious logic -- it's also economic blackmail.

US consumer prices edge up in September

Labor Department print shows 0.1 per cent rise for the month, in line with expectations.

Irish home prices soar, fuel boom fears

Year to September sees fastest growth since 2007.

No plan B discussed: ECB

by AFP
Central bank responds to reports on corporate bond buying, says no proposals on table.

Global economic fears emerge at APEC

by AAP
Ministers agree on measures to fill $8 trillion gap in regional infrastructure investment.

EU won't change fiscal rules: Junker

Incoming president's keynote speech says budgetary disclipline, structural reforms imperative.

BoE gloomier on growth outlook

October minutes highlight overseas, local headwinds to UK economic strength.

Japanese trade deficit expands 1.6%

September print puts Tokyo on track to log an annual shortfall.

Business is missing the big picture in Hong Kong

Pro-democracy protests have been criticised by Hong Kong's business groups, but the consequences of pro-mainland governance will be much more profound.

US existing-home sales rebound

by AFP
Existing-home sales lift in September to their highest pace of the year.

ECB considers corporate bond-buying

Central bank has no specific plan, no discussion timetable on liquidity move.

European banks eye stress-test results

Banks move to manage market expectations ahead of Sunday's ECB, EBA reports.

British public sector borrows more than expected

September figures show greater risk that the government will overshoot austerity targets.

Japan downgrades economic outlook again

Slowdown in production triggers doubts on mooted sales tax increase.

Why the WTO is in big trouble

As more countries turn to bilateral trade agreements, questions are being raised about the future of multilateral institutions such as the WTO.

Fannie Mae, Freddie Mac seal deal to expand lending

by AAP
Government mortgage giants expand lending presence, after claiming banks sold them risky loans pre-GFC.

Inflation, not deflation, is still the risk

While the popular narrative is that we're sinking into a deflationary era, quite the opposite is true. Asset inflation is not being taken into account.

Europe should regulate shadow banking: Constancio

ECB vice president plugs greater macroprudential policy to restore balance between banks and non-banks.