It's not the Reserve Bank's job to worry about housing prices
Jun 12, 2021 07:15 am UTC| Economy Central Banks
Once again folks are pointing to the potential danger of Australias low interest rates. This week a poll of so-called market economists by ratings agency Fitch had only 12% of respondents in favour of the Reserve Bank...
What's the G-7? An international economist explains
Jun 12, 2021 07:12 am UTC| Economy
What the G-7 is The Group of 7 is an informal group of seven powerful democracies: Canada, France, Germany, Italy, Japan, the United Kingdom and the United States. The presidents of the European Commission and European...
Hackers access personal data of McDonald's S. Korean, Taiwanese customers
Jun 12, 2021 05:42 am UTC| Economy Technology
Unauthorized activity on McDonalds network exposed the personal data of customers in South Korea and Taiwan, making the fast-food giant the latest company to be hit by a data breach. McDonalds claimed it quickly...
Non-Japanese directors demand shake-up of Toshiba board, management for unacceptable actions
Jun 12, 2021 03:52 am UTC| Economy Business
Four non-Japanese Toshiba Corp directors demanded a shake-up of its management and board after learning that the conglomerate colluded with the Japanese government to beat up foreign shareholders. A...
Finland's Ant Brew offers beer created with goose poop
Jun 11, 2021 18:44 pm UTC| Economy Science
Finnish Brewery Ant Brew is offering the Wasted Potential Imperial Stout, produced by using goose feces to smoke malt. The microbrewerys home city, Lahti, which was named the European Green Capital 2021, wanted to...
US lawmakers request additional $60 billion to support restaurants
Jun 11, 2021 17:31 pm UTC| Economy Business
A group of US legislators introduced a bill to inject $60 billion into the Restaurant Revitalization Fund (RRF), to accommodate over 200,000 applicants unable to receive relief during the first funding round. The...
GM unveils more affordable supercar in limited edition Corvette Stingray
Jun 11, 2021 15:51 pm UTC| Economy Business
General Motors has unveiled the 2022 IMSA GTLM Championship Edition Stingray, which could compete with its more expensive rivals but with a base price starting at a more affordable $87,085 for the coupe and $94,085 for the...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
The Mattei Plan: why Giorgia Meloni is looking to Africa
Labour can afford to be far more ambitious with its economic policies – voters are on board
Sudan: civil war stretches into a second year with no end in sight