US under Trump Series: US will not terminate NAFTA but renegotiate
Apr 27, 2017 10:17 am UTC| Commentary Economy
President Donald Trump and his team decided against pulling the plug on North Atlantic Free Trade Agreement (NAFTA) after the President held two separate phone calls with the Canadian Prime Minister Justin Trudeau and the...
US under Trump Series: Trump administration unveils tax proposals
Apr 27, 2017 09:14 am UTC| Commentary Economy
The US treasury secretary Steven Mnuchin finally unveiled portions of the much anticipated Trump tax proposals on Wednesday. Mr. Mnuchin said that the proposal would reduce corporate tax rates from the current 35 percent...
Apr 27, 2017 08:09 am UTC| Commentary Economy
The South Korean economy is expected to hold up at 2.9 percent growth this year, supported by normalisation in domestic politics, continual strong exports performance and proactive policies. At the start of the year,...
JGBs trade flat after BoJ leaves benchmark policy rate unchanged
Apr 27, 2017 06:45 am UTC| Commentary Economy
The Japanese government bonds traded flat after the Bank of Japan (BoJ) left its benchmark policy rate unchanged at its monetary policy meeting held earlier today. Also, markets will be focusing on the countrys March...
The multi-billion-dollar subsidy for private health insurance isn't worth it
Apr 27, 2017 06:40 am UTC| Insights & Views Economy
Almost 20 years after the 30% subsidy for private health insurance was introduced, premiums continue to rise every year. This comes at a cost to the federal budget which was forecast at A$6.5 billion in the 2016 federal...
Singapore industrial output delivers solid performance in March driven by gains in electronics
Apr 27, 2017 06:10 am UTC| Commentary Economy
Industrial output in Singapore delivered a solid performance during the month of March, as electronics continued to remain in the driving seat. Headline industrial output for the month expanded by 10.2 percent y/y. This...
USD/INR likely to rise modestly between May and June FOMC meeting, says Scotiabank
Apr 27, 2017 05:42 am UTC| Commentary Economy
The USD/INR currency pair is expected to modestly rise between May and Junes Federal Open Market Committee (FOMC) meeting, particularly if the Federal Reserve releases a hawkish hold decision next Thursday...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects