Taiwan, Korea tourism sector continues to underperform on decline in Chinese tourists

Oct 06, 2017 06:06 am UTC| Commentary Economy

Taiwan and Koreas tourism sector continued to underperform as the number of foreign tourists visiting Korea contracted sharply by 22.8 percent y/y during the first eight months this year. In Taiwan, tourist arrivals also...

FxWirePro: The Day Ahead- 6th October 2017

Oct 06, 2017 05:24 am UTC| Commentary Economy Central Banks

Lots of economic data and events scheduled for today and some with high volatility risks associated. Data released so far: Japan: Labor cash earnings up 0.9 percent y/y in August. Leading economic index improves...

JGBs trade lower in muted session after U.S. House of Representatives nods for Budget

Oct 06, 2017 04:24 am UTC| Commentary Economy

The Japanese government bonds traded lower Friday after Congressional Republicans moved to hasten an overhaul of the U.S. tax code on Thursday, while Federal Reserve officials warned in rare public remarks that President...

Australian bonds slump tracking U.S. counterpart after House of Representatives approves budget

Oct 06, 2017 03:12 am UTC| Commentary Economy

The Australian bonds slumped, tracking similar movement in the U.S. Treasuries after the House of Representatives approved a budget, the first step toward tax reform. Investors also digested a slew of speeches from U.S....

Vital Signs Series

The data is mixed but worrying signs from mortgagees

Oct 06, 2017 00:17 am UTC| Insights & Views Economy

Vital Signs is a weekly economic wrap from UNSW economics professor and Harvard PhD Richard Holden (@profholden). Vital Signs aims to contextualise weekly economic events and cut through the noise of the data affecting...

Electric Vehicle Series

Jobs, tax and politics: three ways electric vehicles will change our world

Oct 06, 2017 00:15 am UTC| Insights & Views Technology Economy

China, the worlds largest car market, is working on a timetable to stop the production and sale of vehicles powered by fossil fuels. India has declared its intention to make all new vehicles electric by 2030. Like...

The government's new gas deal will ease the squeeze, but dodges the price issue

Oct 06, 2017 00:14 am UTC| Insights & Views Economy

The deal signed this week by the federal government and the nations biggest three gas producers will ease Australias gas supply squeeze, but it will do nothing to address the current high prices. Under the contract,...