More affirmative action underway in India

Nov 19, 2015 01:52 am UTC| Commentary Economy

Asian markets, included India, are likely to digest the overnight US FOMC minutes when trade resumes today. The US Feds notes reinforced expectations that the rate lift-off was likely at the Dec policy meeting. Since the...

Jobless youth raise risk of Indonesia's 'demographic bonus' turning into disaster

Nov 19, 2015 00:59 am UTC| Insights & Views Economy

Sudirman Nasir, Lecturer and researcher at the Faculty of Public Health, Universitas Hasanuddin Policy-makers in Indonesia have been cheering over a demographic bonus, a condition where people of productive age (15-64)...

Poland's retail sales growth to decrease in October

Nov 18, 2015 22:35 pm UTC| Commentary Economy

Polands retail sales growth is expected to have decreased to -0.7% in October from 0.1% in September compared with a mom increase of 3.4%. Retail sales were mainly driven by car sales (8.1% yoy), textile, clothing and...

Japan reaching trade balance on a sustainable basis will take some time

Nov 18, 2015 22:15 pm UTC| Commentary Economy

Octobers trade balance is likely to have reached a balance at JPY0. This would mark a significant improvement from the JPY742bn deficit seen in October 2014. On a seasonally adjusted basis, the trade deficit likely reached...

South African economy needs rate cut

Nov 18, 2015 13:06 pm UTC| Commentary Economy Central Banks

The South African Reserve Banks rate decision is likely to announce this week. On the one hand, the economy needs a monetary policy easing in order to accelerate the growth rate, but the central bank is under...

China property prices gain first time in fourteen months

Nov 18, 2015 09:37 am UTC| Insights & Views Economy

Another sign of stabilization from China in todays housing market report. Price across 70 cities surveyed rose for first time in 14 months, on yearly basis. As per Reuters calculation, prices across 70 cities rose by 0.1%...

Australia's wage growth bottoming out

Nov 17, 2015 21:24 pm UTC| Commentary Economy

As unemployment in Australia started to rise in late 2012, wage growth slowed. By the start of this year, annual wage growth (excluding bonuses) had declined to 2.3%, the lowest in the series - admittedly fairly short -...