BRITISH GOVERNMENT SAYS LOCATION DECISION FOR NEW AIRPORT RUNWAY SUBJECT TO FURTHER CONSIDERATION ON ENVIRONMENTAL IMPACTS - STATEMENT

Dec 10, 2015 19:23 pm UTC| Economy

Russian macroeconomic conditions have soured again just as the Bank of Russia (CBR) approaches a rate decision on Friday 11 December. It is a familiar sequence of events. Global oil prices have declined to new lows,...

Emerging Market Crisis Series

South African markets likely to remain on the back foot

Dec 10, 2015 16:33 pm UTC| Commentary Economy

The sell-off in South African markets on Thursday was probably a sign of things to come. The yields on 10-year government bonds rose more than 100bp, to leave them above 10% for the first time since 2008. That added to a...

Moderate recovery likely in Chinese economy

Dec 10, 2015 12:37 pm UTC| Commentary Economy

A moderate recovery in Chinese manufacturing is expected in coming quarters. PMI figures of the economy indicate the production is below the actual demand. Since the inventory level reduced, the production growth is...

Japan’s FSA Scrutinizes Real Estate Lending By Regional Banks

Dec 10, 2015 12:22 pm UTC| Commentary Economy

Last month, Japan Times reported that due to strong demand for redevelopment projects in the Tokyo and growing asset management needs of individuals, real estate loans extended by banks are rising in Japan. The...

Europe and the Great Recession: is it a crisis wasted?

Dec 10, 2015 11:05 am UTC| Insights & Views Politics Economy

It is a common refrain of political strategists that you should not let a good crisis go to waste. Seven years on from the beginnings of the global financial crisis, we can make an assessment of whether that maxim was...

Australian jobs, business confidence and GDP spur economic climate but macros still remain

Dec 10, 2015 08:02 am UTC| Commentary Economy

Total employment: 71.4k from 56.1k Unemployment rate: 5.8% from 5.9% Total employment has now grown 342k (or 3.0%yr) in the year to November, a significant acceleration from the continuing the acceleration from...

Korea cautious of capital volatility in December

Dec 10, 2015 05:48 am UTC| Commentary Economy Central Banks

Korean central bank, BoK kept its policy rates unchanged at 1.5% in the month of December as well, as predicted by consensus. This decision was unanimous and the statements tone and governors remarks remain neutral, albeit...