Financial Institutions Softening South Korea to Cryptocurrencies

Jul 10, 2018 09:17 am UTC| Economy

South Korea is an emerging cryptocurrency user, with banks having at least $2 billion in cryptocurrency. This is a sizable amount that may even dwarf the cryptocurrency values held by South Koreas current largest domestic...

Norway core consumer price inflation falls in line with expectations; Norges Bank likely to adopt rate hike in September

Jul 10, 2018 07:51 am UTC| Commentary Economy

Norways core consumer price inflation remained well below target, while headline inflation is lifted by higher electricity prices. The drop in core inflation in June was as expected by Norges Bank and does not change the...

China’s producer prices likely to remain relatively robust, CPI to improve through rest of 2018: ANZ Research

Jul 10, 2018 06:44 am UTC| Commentary Economy

Chinas producer price index (PPI) is expected to remain relatively robust and the consumer price inflation should improve in the rest of the year, according to the latest report from ANZ Research. The rise in crude oil...

China’s GDP growth likely to decelerate to 6.3 pct in 2019, 6.1 pct in 2020 following slower credit expansion: S&P Global Ratings

Jul 10, 2018 04:00 am UTC| Commentary Economy

Chinas economic growth is expected to decelerate further to 6.3 percent next year, and 6.1 percent in 2020, partly because of slower credit expansion, according to a recent research report from SP Global...

Australia’s ANZ-Roy Morgan weekly consumer confidence dips for 4th straight week on pessimism around current financial conditions

Jul 10, 2018 03:27 am UTC| Commentary Economy

Australias headline ANZ-Roy Morgan consumer confidence fell for the fourth straight week, down 0.2 percent to 120.1. The details were mixed three out of five sub-indices posted gains, but the headline was weighed down by...

The measly $292.50 that could have transformed Canada's agrifood sector

Jul 09, 2018 23:52 pm UTC| Insights & Views Economy

The Supreme Court of Canadas ruling earlier this year on interprovincial trade barriers represents a significant loss for consumers and for the Canadian economy at a time it can least afford it. But it was a great win for...

French economic growth likely to accelerate in Q2

Jul 09, 2018 19:22 pm UTC| Commentary Economy

The Bank of France business sentiment survey showed that the optimism in industry rebounded a bit last month, with the relevant index rising from a 19-month low of 100, a level consistent with its long-term average, to...