Singaporean economy expands in second quarter on rebound in services sector
Jul 14, 2016 07:22 am UTC| Commentary Economy
Based on advance estimates, the Singaporean economy expanded 2.2 percent on year-on-year basis in the second quarter of 2016, according to the Ministry of Trade and Industry. The second quarters growth is slightly higher...
Japanese bonds steady in subdued trade, BoE's policy decision eyed
Jul 14, 2016 07:03 am UTC| Commentary
The Japanese government bonds traded nearly flat on Thursday, succumbing to thin trading activity during a relatively quiet session that saw little data of much significance. The yield on the benchmark 10-year bonds,...
Australia’s employment growth slows in June
Jul 14, 2016 06:54 am UTC| Commentary Economy
Australias employment growth decelerated in June, coming slightly below consensus expectations. Employment increased 8000 in June, or 0.07 percent, in line with the average growth rate over the last six months, according...
Briferendum Aftermath Series: Theresa May handles the first task better than expected
Jul 14, 2016 06:37 am UTC| Commentary
The United Kingdoms new Prime Minister Theresa May can make a mark in Britain history if she is able to resolve the three herculean tasks ahead of her. In the previous article, named Briferendum Aftermath Series: Theresa...
Singaporean bonds rise on sluggish Q2 GDP growth
Jul 14, 2016 06:33 am UTC| Commentary
The Singaporean government bonds gained on Thursday after reading weaker than expected second quarter Gross Domestic Product (GDP), creating pressure on the central bank for a further policy easing in the wake of...
Bank of Canada maintains policy rate at 0.5 pct; revises down growth projections
Jul 14, 2016 06:14 am UTC| Commentary Central Banks
The Bank of Canada, on Wednesday, maintained its key policy rate at 0.5 percent. Meanwhile, the central bank has lowered the economic growth projection, reflecting the effects of Alberta wildfires, Brexit and weakness in...
S. Korean bonds climb after BoK keeps policy rate steady
Jul 14, 2016 05:54 am UTC| Commentary
The South Korean government bonds climbed on Thursday after the Bank of Korea left key policy rate unchanged at the record low. Also, investors sought refuge in safe-haven assets as the central bank lowered its economic...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Biden administration tells employers to stop shackling workers with ‘noncompete agreements’
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects