China’s private investment growth plunges on poor implementation of private sector policies
Jun 17, 2016 05:52 am UTC| Commentary
Private investment growth in China plunged during the Jan-May period following poor implementation of policies supporting ease of doing business in the private sector amid legal barriers into the industry that prevented...
India’s trade deficit widens in May; trend likely to continue in coming months
Jun 17, 2016 05:41 am UTC| Commentary Economy
In May, India recorded trade deficit of USD 6.3 billion, widened from Aprils deficit of USD 4.8 billion. A sharp increase in core imports, which followedtwo straight months of subdued performance, is attributed to the...
Australian bonds slump on profit booking, Brexit risk persists
Jun 17, 2016 05:39 am UTC| Commentary
The Australian government bonds slumped Friday as investors booked profit, after relishing two weeks of rally. Also, firm crude oil prices discouraged investors from safe haven buying. The yield on the benchmark 10-year...
NZ business manufacturing PMI expands on rise in production
Jun 17, 2016 05:26 am UTC| Commentary
New Zealands business manufacturing purchasing managers index expanded in the month of May on rise in production, deliveries and new orders. The monthly PMI provides an early indicator of New Zealands manufacturing sector,...
US headline inflation likely to accelerate towards 3 pct by Q1 2017
Jun 17, 2016 05:17 am UTC| Commentary Economy
USrecorded a 0.2 percent rise in consumer prices in May, as compared tomarket projection of a rise of 0.3 percent. Core inflation, stripping energy and food, also rose 0.2 percent on the month. On a year-on-year basis, the...
Guide to today’s important data and events
Jun 17, 2016 04:51 am UTC| Commentary
Not many economic dockets scheduled for today and all with low to medium volatility risks associated. Upcoming - Italy Trade balance for April will be released at 8:00 GMT. Euro Zone Current account...
Asian markets rally, gold back below $1,300
Jun 17, 2016 03:21 am UTC| Commentary
All the major Asian indices are trading on a higher note on the last working day of the week. Federal Reserve, Bank of Japan, Swiss National bank and Bank of England released their interest rate decision during the week...
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