Taiwan unemployment dips in May, edges higher on year
Jun 22, 2016 08:33 am UTC| Commentary
Taiwans unemployment rate dropped in May, while edging higher on a year-on-year basis as the number of first-time job seekers dropped due to closure of business and termination of 1,000 temporary or seasonal...
SARB remains in dilemma between high inflation levels and weak real economy
Jun 22, 2016 08:20 am UTC| Commentary Economy
The South African Reserve Bank (SARB) temporarily halted its rate hiking cycle in mid-May. However, it stated that it is in dilemma between high levels of inflation and a sluggish real economy. The economic scenario has...
Briferendum Series: All you need to know about referendum timelines
Jun 22, 2016 08:06 am UTC| Commentary
British referendum over the stay in theEuropean Union is scheduled on June 23rd but knowing just that isnt enough. For all the traders and investors it is a must know a bit more details of the timeline so they can adjust...
Credit Suisse plans to cut FTSE 100 forecast if 'Brexit' camp wins
Jun 22, 2016 07:16 am UTC| Commentary
Credit Suisse, a Swiss-based investment bank, said Wednesday it would cut its year-end forecast for the European benchmark equity index, FTSE 100, if the ongoing campaign in favor of Brexit wins votes on Thursday, marking...
National Bank of Hungary to keep policy loose; raises 2016, 2017 inflation outlook
Jun 22, 2016 07:12 am UTC| Commentary Central Banks
The Hungarian central bank, MNB, kept its policy rate on hold at 0.9 percent on Tuesday. It also kept the overnight collateralised lending rate and overnight deposit rate unchanged at 1.15 percent and -0.05 percent...
Japanese bonds nearly flat in quiet trade, eyes on UK's EU referendum
Jun 22, 2016 07:10 am UTC| Commentary
The Japanese government bonds traded nearly flat Wednesday, succumbing to thin trading activity as jittery investors looked ahead to Britains vote on European Union membership scheduled to begin early morning London time...
Uncertainty dents Australian economy, likely to trigger a rate cut
Jun 22, 2016 06:48 am UTC| Commentary Economy
The Australian economy is most susceptible to be affected by economic uncertainty that prevails in the lead-up to federal elections, according to the economic uncertainty index for Australia, developed by ANZ Research. The...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects