May 12, 2017 06:25 am UTC| Commentary Central Banks Economy
The Bangko Sentral ng Pilipinas (BSP) is expected to undertake cumulative rate increases of 50 basis points in 2017, followed by 75 basis points in 2018. The recent appointment of Deputy Governor Nestor Espenilla to take...
The federal budget doesn't do enough to save free-to-air TV
May 12, 2017 06:11 am UTC| Insights & Views Economy
In a bid to save free-to-air television, the government has announced plans to repeal media ownership rules, and the 2017 budget included a change to licence fees. But the media landscape is undergoing a structural...
Two years after the earthquake, why has Nepal failed to recover?
May 12, 2017 06:08 am UTC| Insights & Views Economy
Two years after the devastating earthquakes that struck Nepal, the country is struggling to bounce back. Nearly 70% of the affected people still live in temporary shelters, and it is common to see damaged houses, temples...
May 12, 2017 05:28 am UTC| Commentary Economy
The New Zealand 10-year bond yields hit over 3-week low on Friday as investors poured into safe-haven assets amid ongoing political and global financial uncertainties. At the time of closing, the yield on the benchmark...
FxWirePro: The Day Ahead- 12th May 2017
May 12, 2017 04:54 am UTC| Commentary Economy Central Banks
Not many economic data and events scheduled for today but some with high volatility risks associated. Upcoming: Germany: HICP inflation readings for April will be released at 6:00 GMT, along with first quarter...
Australian bonds jump tracking firmness in U.S. Treasuries post rebound in producer prices
May 12, 2017 04:39 am UTC| Commentary Economy
The Australian government bonds jumped on the last trading day of the week, tracking U.S. Treasuries, following a positive rebound in the latters producer prices, released yesterday. Further, investors will be looking...
Norway revises government budget, structural budget deficit estimated to be NOK 221 billion
May 11, 2017 18:35 pm UTC| Commentary Economy
As widely expected, Norway revised government budget. The revised government budget is expansionary and a bit more than assumed in the budget from last autumn, noted Nordea Bank in a research report. However, this is right...
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’
Labour can afford to be far more ambitious with its economic policies – voters are on board
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects