RBA defends rate hikes: ‘Other countries would kill for our problems’
The Reserve Bank is doubling down on defending its interest rate U-turns, with deputy governor Andrew Hauser saying…
Interest rates, inflation: Interest rates tipped to remain permanently higher
Mortgage holders are being warned the days of cheap credit are over – with interest rates having to…
Rupiah’s plunge pushes Indonesia’s manufacturers to the edge
Indonesia’s financial markets were jolted Monday (June 8) as the rupiah hit a new record low of over…
Recession fears for majority of Australians in 2026
A majority of Australians fear an economic crash before Christmas, as savings accounts shrink around the country. A…
‘Not normal’: Auction market plummets to fresh low amid house price correction in Sydney and Melbourne
Property vendors are being warned to abandon “hope” for “realism” after the auction market fell to fresh lows…
Why the ‘Hot’ May Jobs Report Should Worry Investors (Hint: It’s Not Interest Rates)
The stock market spent much of last week digesting a surprisingly strong employment report that appeared to confirm…
China’s 5-year plans significantly impact American factories, US study says
China’s five-year plans have profoundly impacted US businesses – while some American companies have adapted and even profited,…
Why Oil’s Not at $200 After the Biggest Supply Shock in History
By Devika Krishna Kumar, Alex Longley, Yongchang Chin and Mia Gindis (Bloomberg) — For decades, oil traders, executives and…
The paradox of Africa’s millionaire growth
Africa’s wealthy class is growing in number faster even than the Gulf, according to a new report, thanks…
No growth, no raises: Canada is stuck, and so are you
Open this photo in gallery: Traffic idles in downtown Toronto. Many Canadians don’t want to concede that their…
Bangkok Post – A double dip on the cards?
An economist is concerned about Thailand’s potential dual deficit scenario, in which both the fiscal balance and current…
Household financial worries at highest level since 2022, New York Fed says
U.S. households grew more worried over their financial situation, with the share of those seeing things as much…