Global News

UK growth slows sharply

by AFP
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First-quarter GDP print falls far short of expectations, nine days before election.

China needs to strengthen its AIIB balancing act

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Xi Jinping has high hopes for the Asian Infrastructure Investment Bank, but he should keep in mind that a bigger AIIB does not necessarily mean a better one.

The key dead weight holding Australia back

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The low-rate medicine that central banks around the world are prescribing might perversely be helping prolong the capital investment drought.

The Dutch cure: how an ambassador is helping to start up Greece

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Jan Versteeg's unique attempt to improve relations between Greece and Holland could be the future of diplomacy.

Obama steps up TPP push

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US president says China will 'write rules in Asia' if US doesn't agree free-trade deal in Pacific.

Varoufakis sidelined as Greece reshuffles negotiating team

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Talks with key creditors could take a turn for the better as finance minister's influence quashed.

EU attempts to measure 2012 break-up fears

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Report finds redenomination risk was a major concern for markets.

No talk of plan B for Greece: Italy

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Economy Minister says Riga discussions did not countenance any exit option.

Fitch cuts Japanese credit rating

by AFP
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Ratings agency says Tokyo must do more to plug budget gap.

ASEAN pushes for single time zone with Perth

by DPA
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Malaysia says plan would ease business between nearby countries.

Spain lifts 2015 growth target

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PM Rajoy flags target of 2.9 per cent growth for the year.

Jumping on the central banking bandwagon

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Even policymakers are not immune to the bandwagon effect on institutional reform.

Austerity will be the winner of the UK election

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The UK's four key parties are each offering a version of austerity to voters, but it won't be easy for any of them to meet their objectives.

Greek default must equal Grexit

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The Greek sovereign debt drama is set to come to a head at the end of June, though any hope of the country defaulting within the eurozone is illusory.

Majority of Greeks want debt deal

by AFP
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Bailout deal sought as just one in five Greeks want debt-stricken nation to leave the EU.

Greek minister floats election possibility

by AFP
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Interior minister raises prospect of fresh elections to give Greeks new voice amid bailout talks.

Adherence matters: ECB's Mersch

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Allowing countries to break fiscal rules weakens ECB credibility, says board member.

Obama defends proposed Pacific trade deal

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US President tries to fend off attacks from the left, says deal is good for US workers.

Europe 'concerned' on lack of Greek progress

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European leaders say talks tough and hostile, Draghi warns time running out.

Eurozone inflation likely to move out of negative territory

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Economists expect data due this week to show inflation improving.

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