Developing economies likely to be less affected by post-Brexit fallout, says KfW

Sep 19, 2016 07:13 am UTC| Commentary Economy

The June 23 United Kingdom referendum that concluded in a vote demand the exit of the UK from the European Union is expected to have limited implications for the developing countries, but a noticeable impact on the...

Taiwan’s potential GDP growth likely to slow on rise in ageing population

Sep 19, 2016 06:33 am UTC| Commentary Economy

Taiwans potential growth in its gross domestic product is likely to slow down against the backdrop of rising old-age population. Slower working age population growth implies slower GDP growth. Meanwhile, old people are...

UK house prices snap two-month decline in September, shrug off Brexit uncertainties

Sep 19, 2016 06:20 am UTC| Commentary Economy

Housing prices in the United Kingdom snapped two-month decline during September, shrugging off post-Brexit vote uncertainties that are throttling the economic growth of the common currency zone. The average asking price...

China’s house prices rise in August defying NBS warnings

Sep 19, 2016 06:15 am UTC| Commentary Economy

House prices in China rose in August and at a faster, defying the warnings from the chief of Chinas National Bureau of Statistics (NBS), who said the days of high price growth, are over. Mr. Sheng Laiyun cited data that...

China home prices rise over to six- month high despite efforts to limit housing bubble

Sep 19, 2016 05:55 am UTC| Commentary Economy

Home prices in China rose to over a period of six-month high during August, defying governments efforts to limit a housing bubble. New-home prices, excluding government-subsidized housing, in August gained in 64 of the...

U.K. business sentiment drops to lowest level in four years on increased economic uncertainty

Sep 19, 2016 05:39 am UTC| Commentary Economy

U.Ks business sentiment, which is based on companies projections for their sales, profits and orders in the coming six months dropped from 38 percent in January to 12 percent, the lowest level in four years. However, it...

New Zealand services PMI jumps in August, RBNZ policy decision in focus

Sep 19, 2016 05:35 am UTC| Commentary Economy

The services sector of New Zealand, which accounts for about two-thirds of the economy showed improvement during the month of August, with all five sub-indices and geographic areas improving and above the 50-point mark...