Australian economy continues to be on strong footing
Jun 17, 2016 06:09 am UTC| Commentary Economy
This weeks data for the Australian economy further gave evidence that the economy continues to be strong. Business conditions continued to be high, while employment in the country rose. This is expected to have added to...
India’s trade deficit widens in May; trend likely to continue in coming months
Jun 17, 2016 05:41 am UTC| Commentary Economy
In May, India recorded trade deficit of USD 6.3 billion, widened from Aprils deficit of USD 4.8 billion. A sharp increase in core imports, which followedtwo straight months of subdued performance, is attributed to the...
US headline inflation likely to accelerate towards 3 pct by Q1 2017
Jun 17, 2016 05:17 am UTC| Commentary Economy
USrecorded a 0.2 percent rise in consumer prices in May, as compared tomarket projection of a rise of 0.3 percent. Core inflation, stripping energy and food, also rose 0.2 percent on the month. On a year-on-year basis, the...

Why it's so hard for students to have their debts forgiven
Jun 16, 2016 16:44 pm UTC| Insights & Views Economy
Outstanding student loan debt in the United States reached a record US$1.35 trillion in March, up six percent from a year earlier. About 10 million people who borrowed from the governments main student loan program 43...

Chart of the Day: China's investment contrast
Jun 16, 2016 16:02 pm UTC| Commentary Economy
Chinas private investmentthat was growing above 30 percent back in 2011 and was supporting economy dropped to just 3.9 percent as of this months release. In contrast, thanks to stimulus from the government public...

How investors see South Africa: lots of potential, not worth the hassle
Jun 16, 2016 14:39 pm UTC| Insights & Views Economy
South Africa has narrowly survived a downgrade of the rating of its government bonds. The reprieve, however, is temporary because government has been warned by the Big Three rating agencies Fitch, Moodys and Standard ...
Jun 16, 2016 13:15 pm UTC| Commentary Economy
The euro area jobless rate has touched the lowest level since 2011. Even if the unemployment rate for April seems high at first, 10.2 percent, it is just 0.5 percentage points from the ECs estimate of the structural level,...