Feb 03, 2016 08:05 am UTC| Commentary Economy
Balance of Trade data released today from Australian Bureau of Statistics painted another bleak picture for Australian economy. Trade deficit widened to lowest since last April. For December, Trade deficit came at $3.535...
Australia’s trade deficit widens to $3.5bn in December
Feb 03, 2016 05:23 am UTC| Commentary Economy
Australias imports declined 1.5% in December. Imports of intermediate goods fell 4.3%, capital goods by 3.2%, consumption goods 0.7%, whereas services imports were up 1.5% and gold was up 0.1bn. The AUD appreciated 1.5% on...
A cold winter has hit the manufacturing sector in Singapore
Feb 03, 2016 02:25 am UTC| Commentary Economy Nature
Singapore PMIs for Jan15 have indeed gotten worse. In the month the headline manufacturing PMI dipped by 0.5pt to 49.0. Electronics PMI also fell, to 48.5, down from 48.9 in the previous month. All key sub-indexes are...
US economy loses momentum in 2015—a glimpse on fundamentals
Feb 02, 2016 22:09 pm UTC| Commentary Economy
While looking at the overall economic situation of US economy, it seems like US economy lost its momentum by the end of 2015. Revised data confirms that the U.S. economy expanded at a seasonally adjusted annualized rate of...
The human cost of Zika is clear, but will Brazil's economy suffer too?
Feb 02, 2016 12:08 pm UTC| Health Economy
It is predicted that as many as 4m people in the Americas could become infected with Zika virus this year. While the virus only causes mild symptoms in adults, it is suspected to have been behind a big increase in the...
Moody's: Russian telcos under pressure from rising competition and weakening economy
Feb 02, 2016 07:08 am UTC| Research & Analysis Economy
The profitability of Russian telecommunications companies will remain under pressure due to high inflation and foreign exchange losses, as well as rising mobile market competition, says Moodys Investors...
South Korea’s January inflation decelerates mainly due to tobacco
Feb 02, 2016 04:40 am UTC| Commentary Economy
South Koreas inflation in January was 0.8% y/y, as compared with Decembers 1.3% and lower than Barclays forecast of 1% and consensus expectations of 1.1%. The slowdown in headline inflation was mainly due to tobacco, as...
'Wicked' and 'Gladiator II' Smash $270.2M Box Office as 'Moana 2' Teases Record-Breaking Holiday Run