How universities boost economic growth

Sep 15, 2016 15:11 pm UTC| Insights & Views Economy

In 1900, just 1% of young people in the world were enrolled at university. Over the course of the next century this exploded to 20%, as recognition of the value of such an education became widespread. And it turns out that...

Eurozone’s trade surplus unexpectedly narrows for the third straight month in July

Sep 15, 2016 11:57 am UTC| Commentary Economy

Eurozones trade surplus unexpectedly narrowed for the third straight month in July another warning sign that economic growth may be easing further after a second-quarter slowdown. The seasonally adjusted trade surplus...

Australian labour market remains on gradually improving trend, but slack persists

Sep 15, 2016 11:24 am UTC| Insights & Views Economy

Data from the Australian Bureau of Statistics on Thursday showed Australias unemployment rate fell to a three-year low of 5.6 percent in August from 5.7 percent in July, and well below levels of more than 6.0 percent a...

UK retail sales decline less than consensus, signals a favorable post-Brexit situation

Sep 15, 2016 11:02 am UTC| Commentary Economy

Retail sales in the United Kingdom declined less than what markets had earlier anticipated, signaling a favorable post-Brexit situation as consumers seem to have shrugged off the countrys surprise decision to exit the...

Japan manufacturers’ confidence rebounds from 3-year low, service sector sentiment suffers

Sep 15, 2016 10:01 am UTC| Commentary Economy

Manufacturers confidence in Japan rebounded from a three-year low, while sentiment in the services sector suffered the worst since 2013, the year when the Bank of Japan began its rapid and bold monetary easing programme....

South Africa’s retail sales soften in July as tighter monetary impositions restrict consumer purchases

Sep 15, 2016 07:10 am UTC| Commentary Economy

Retail sales in South Africa slowed during the month of July, supporting views that the sector remains under pressure. Also, tighter monetary impositions by the central bank of the country have led to lesser consumer...

Indonesian trade surplus narrows in July as exports decline for 23rd straight month

Sep 15, 2016 06:59 am UTC| Commentary Economy

Indonesias trade surplus narrowed during the month of July, as exports declined for the 23rd straight month during the period, but at a pace slower than what markets had initially anticipated. Indonesias trade surplus...