What just happened to our tax? Here's an explanation you'll understand

Apr 05, 2019 10:16 am UTC| Insights & Views Law Economy

With all the announcements on tax over the past few days its hard to keep track. So here goes. A year ago the then treasurer Scott Morrison unveiled a seven year personal tax. Some of it involved tax cuts way out...

BSP likely to adopt RRP cut by 25 bps in May if Philippines inflation in April remains benign, says ANZ Research

Apr 05, 2019 05:46 am UTC| Commentary Central Banks Economy

Bangko Sentral ng Pilipinas (BSP) is expected to cut its Overnight Reverse Repurchase Rate (RRP) by 25bps at its May meeting if inflation print in April remains benign, according to the latest report from ANZ...

FxWirePro: U.S. service sector payroll suggests continued economic weakness in Q1 2019

Apr 04, 2019 12:14 pm UTC| Commentary Economy

The economic slowdown, which became prominent in the fourth quarter of 2018, has spilled over to 2019. Anyone hoping for a rebound can shelve their expectation at least for the first quarter of 2019. Yesterday, U.S....

U.S. under Trump Series: Manufacturing sector lost jobs in March for first time under Trump administration

Apr 04, 2019 10:04 am UTC| Commentary Economy

When aspiring for Presidency, then-candidate Donald Trump promised to bring back manufacturing jobs back to the United States, which according to him, left because of the unfair trade deals and practices by many countries...

Malaysian trade data records surplus in February, little changed from that in January

Apr 04, 2019 08:52 am UTC| Commentary Economy

Malaysias trade data for February showed the country recording a surplus at RM11.06bn, little changed from the January number of RM11.52 billion. Exports did though record a decline of 5.31 percent y/y, the first since...

MAS unlikely to join the dovish turn seen among other central banks recently, says ANZ Research

Apr 04, 2019 06:45 am UTC| Commentary Central Banks Economy

The Monetary Authority of Singapore (MAS) is not expected to join the dovish turn seen among other central banks recently, according to the latest report from ANZ Research, thus making the case for further policy...

USD/CNY likely to reach 6.60 and then head for 6.50 if US and China reach a trade deal in April or May, says Scotiabank

Apr 04, 2019 05:58 am UTC| Commentary Economy

The USD/CNY currency pair is expected to reach 6.60 and then head for 6.50 if the United States and China reach a trade deal in April or May and capital inflows could boost the yuan moderately in the months ahead,...