10-year JGB yields hover around zero as BoJ strongly maintains ultra-easing policy stance
Nov 09, 2017 04:07 am UTC| Commentary Economy
The benchmark 10-year Japanese bonds yields hovered around zero percent as the Bank of Japan maintained its ultra-easing policy stance in its October meeting summary. The yield on the benchmark 10-year Treasury note,...
Australian bonds slump following weakness in U.S. Treasuries; RBA’s SoMP in focus
Nov 09, 2017 02:47 am UTC| Commentary Economy
Australian bonds slumpedThursdayfollowing weakness in the U.S. Treasuries as investors reduced their existing bond holdings to make room for this weeks government and corporate bond supply. The yield on the benchmark...
China's Singles Day retail phenomenon will blow Black Friday out the water
Nov 08, 2017 16:35 pm UTC| Insights & Views Economy
For the past few years, Black Friday has become a focal point for many US and UK retailers and for media outlets hungry for images of shoppers bursting into stores in pursuit of posh televisions. The event, supposedly...
Sears Canada tarnishes the gold standard of pensions
Nov 08, 2017 15:36 pm UTC| Insights & Views Economy
Like many department stores, Sears Canada has struggled with competition from specialty stores and online retailers. Its bankruptcy will eliminate some 12,000 jobs and leave 16,000 retirees worried about their...
Why financial inequality can't simply be blamed on older people hoarding their wealth
Nov 08, 2017 15:16 pm UTC| Insights & Views Economy
Millennials are typically spending three times as much money on housing costs as their grandparents, according to recent research from the Resolution Foundation think tank. It has warned of a tight spending squeeze for...
The world is in economic, political and environmental gridlock – here's why
Nov 08, 2017 15:14 pm UTC| Insights & Views Economy
The crisis of contemporary democracy has become a major subject of political science in recent years. Despite this, the symptoms of this crisis the vote for Brexit and Trump, among others were not foreseen. Nor were the...
GOP plan to tax college endowments like Yale's and Harvard's would be neither fair nor effective
Nov 08, 2017 15:04 pm UTC| Insights & Views Politics Economy
Tucked away in the recently announced GOP tax bill is a small item you may have missed: a new tax on university endowments. As I have spent decades working in higher education, the proposal immediately piqued my...
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
Biden administration tells employers to stop shackling workers with ‘noncompete agreements’
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects