Australia business indicators remain mixed in Q3; GDP data in focus
Dec 05, 2016 07:12 am UTC| Economy Commentary
Australian business indicators remained mixed during the third quarter of this year, with the market closely eyeing the periods gross domestic product (GDP) data, which is expected to remain unchanged. Business...

Japan business activity growth accelerates to 10-month high, driven by solid rise in new orders
Dec 05, 2016 06:46 am UTC| Commentary Economy
Business activity in the Japanese service sector rose at the most marked rate since January midway through the final quarter of 2016. This was driven by a solid increase in new orders, which rose at a rate little-changed...
Dec 05, 2016 05:51 am UTC| Commentary Economy
The jobless rate in Canada declined to a 5-month low in November, as part-time employment drove the workforce, against full-time employment which witnessed a fall. However, the data showed that the countrys labor market is...

Matteo Renzi’s defeat poses fresh existential threat on Euro
Dec 05, 2016 05:29 am UTC| Commentary Economy
The Italian Prime Minister Matteo Renzi, who has been in office since February 2014 resigned over the weakenedwhen it became clear that the Italian people are overwhelmingly voted in favor of no in the referendum held over...

U.S. unemployment declines to near-decade low in November, adds certainty over Dec Fed rate hike
Dec 05, 2016 05:17 am UTC| Commentary Economy Central Banks
The unemployment rate in the United States dropped to near decade-low during the month of November, adding further certainty over the Federal Reserve December interest rate hike. Further, the countrys non-farm payrolls...
Introducing competition to the health sector should be treated with caution
Dec 05, 2016 05:12 am UTC| Insights & Views Economy
The Productivity Commissions study report on introducing competition into human services was quickly labelled as proposing privatisation of hospital, end-of-life and dental services. This isnt really the case. The...

Financial wizardry alone won't stave off a Chinese debt crisis
Dec 05, 2016 04:54 am UTC| Insights & Views Economy
Chinas debt is beyond worrying. Its credit-to-GDP gap, a measure employed by the Bank of International Settlements (BIS) as a way to gauge debt levels, stands at 30%. This is the highest of any country going back to 1995...