
How strengthening the bargaining power of workers could boost UK productivity
Feb 19, 2016 00:28 am UTC| Insights & Views Economy
The UKs employment rate is at a record high. The latest figures from the Office for National Statistics show that unemployment in the UK fell by 60,000 between October and December 2015, with the highest number of people...
OECD calls for urgent policy actions while revising growth forecast
Feb 18, 2016 11:25 am UTC| Commentary Economy
Organization of Economic Cooperation and Development (OECD), a Paris based think tank of global economics and policies has called for urgent actions from global policymakers to boost growth. In its latest review, the...
Moody's: Singapore banks' asset quality and profitability under pressure amid oil and gas weakness
Feb 18, 2016 04:47 am UTC| Research & Analysis Economy
Moodys Investors Service says that the 2015 results of Singapore lenders Oversea-Chinese Banking Corp Ltd (OCBC; Aa1/Aa1 stable, aa3) and United Overseas Bank Limited (UOB; Aa1/Aa1 stable, aa3) point to rising pressure on...

Moody's: Increased risks to global growth cloud outlook in 2016-17
Feb 18, 2016 01:13 am UTC| Research & Analysis Economy
Global growth will fail to pick up steam over the next two years as the slowdown in China, lower commodity prices and tighter financing conditions in some countries weigh on the economy, Moodys Investors Service said in a...
Canada's manufacturing sector ends 2015 on a bright note
Feb 17, 2016 15:04 pm UTC| Commentary Economy
Canadian manufacturing sales rose for a second consecutive month in December to end the the year on a bright note. Nominal sales were by 1.2%, while volumes rose by 1.3%. The inventory to sales ratio fell to 1.40...
Germany ZEW economic sentiment indicator drops on looming global economic slowdown
Feb 17, 2016 08:26 am UTC| Commentary Economy
Expectations for the German economy for February have been considerably lowered by investors, although lower than expected by consensus forecasts. The latest ZEW sentiment indicator was 1, which is much lower than the...

South Korea’s service sector shows signs of easing
Feb 17, 2016 05:32 am UTC| Commentary Economy
South Korea registered seasonally adjusted jobless rate of 3.5% in January, on par with consensus expectation of 3.4% and Barclays forecast of 3.5%. The jobless rate for December has been revised up by 10bp to 3.5%. Job...