Global News

Obama claims victory as US jobless rate falls

by AAP
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Americans should feel good about economy as unemployment falls to eight-year low, President says.

US jobs report keeps Fed in limbo

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Fed officials likely to remain in 'watchful waiting' mode in March as jobs growth slows.

US trade gap expands in December

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Commerce Department data shows trade deficit grew 4.6 in 2015.

US jobs growth disappoints in January

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Just 151,000 nonfarm payrollshows added, although unemployment rate lowest since 2007.

ECB will act in March 'if necessary'

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Governing Council member says action shouldn't be seen as 'magic wand' for eurozone.

US jobless claims rise to 285,000

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Number of claims rises again, though broader trend suggests steady employment expansion.

US productivity falls 3% in Q4

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Annual productivity growth reaches 0.6 per cent for 2015, lagging the prior year.

BoE holds interest rates steady

by AAP
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Bank says base rate will 'more likely than not' need to increase within 2 years.

European nations in debt rule breach

by RAW
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Forecasts show France, Italy, Spain and Portugal are or will be in breach without policy changes.

Spanish growth tipped to stay robust in 2016

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European Commission says job creation, oil prices, financing conditions will drive strong domestic consumption.

EU downgrades UK growth outlook

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Latest forecasts tip 2016 growth at 2.1 per cent in 2016.

EU slightly lowers 2016 growth forecast

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European Commission says China slowdown, failure to deal with migration crisis could hurt growth.

EU lifts Greek economic outlook

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Greece's growth seen contracting at 0.7% in 2016, up from previous forecast of 1.3%.

UK deal mustn't hamper eurozone: France

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Finance Minister says Paris would refuse a deal if it prevented strengthening of the eurozone.

Germany logs 91,000 migrant arrivals in Jan

by AAP
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Figures underline pressure the country faces to manage ongoing influx.

Draghi warns on low inflation

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ECB chief makes robust defence of maintaining the fight against 'conspiring' global economic forces.

Progress on too-big-to-fail: Fed

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Rosengren says possibility of taxpayer bailouts in future has been reduced.

Eurozone retail sales rise for first month in four

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EU data shows December upswing in retail sales, PMI surveys better than first estimated.

Coalition set to target wealthy savers

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More than 60 per cent of voters support lifting the tax on super contributions for high income earners, Newspoll says.

Eurozone jobless rate falls in December

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Official data shows lowest jobless rate since September 2011, though outlook remains soft.

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