China vehicle sales hit record high in November, following end in sales tax before expiration

Dec 12, 2016 12:38 pm UTC| Commentary Economy

Vehicle sales in China hit a record high during the month of November, following an end to sales tax, even before its scheduled expiration. Also, higher consumer demand, following this helped the cause. Chinas explosive...

South Korea’s sovereign credit rating not affected by President Park’s impeachment, says S&P Global Ratings

Dec 12, 2016 12:22 pm UTC| Commentary Economy Politics

SP Global Ratings said today that the impeachment of President Park Geun-hye does not have a material effect on the sovereign credit rating on the Republic of Korea (South Korea; AA/Stable/A-1+). Although the political...

Hungary’s 2017 GDP likely to grow 3.4 pct on expectations of wage increases, says ERSTE Group

Dec 12, 2016 11:42 am UTC| Commentary Economy

The ongoing ultra-dovish monetary policy of the Hungarian central bank should preserve its leading role regarding the formation of the short end of the yield curve. This means that, by flooding the market with extra...

Fundamentals to watch out for this week

Dec 12, 2016 11:33 am UTC| Commentary Economy Central Banks

This week is quite risk heavy and the focus is on the central bankers. What to watch for over the coming days: Central banks: The Federal reserve will announce its last policy decision for the year this...

It's not just a drop in GDP that should worry us

Dec 12, 2016 11:00 am UTC| Insights & Views Economy

It seems like we havent had much good economic news lately. This was neatly summarised in the drop in national output (GDP) of 0.5% due to weak investment, both private and public. Private investment is unexpectedly...

Why secure and affordable housing is an increasing worry for age pensioners

Dec 12, 2016 10:54 am UTC| Insights & Views Economy Real Estate

The average housing costs of older (65-plus) outright homeowners in lone-person households were A$38 a week in 2013-14, the Australian Bureau of Statistics calculated, compared to $103 for older social housing tenants and...

Downside risks to South Korean growth exist on uncertainties surrounding President Park’s impeachment

Dec 12, 2016 10:07 am UTC| Commentary Economy Politics

Downside risks to the South Korean growth exist, following impeachment of President Park Guen-hye by the National Assembly on Friday. The countrys lawmakers have voted to impeach President Park from her executive powers on...