Employment Hero data shows wage growth dipping into negative territory – who’s been hit hardest?
Those aged 18-24 years fared much better, with wages expanding 1.8% year on year. Workers between 35-44 years…
Float glass industry cracks under weak demand, excess capacity
Weak demand amid slower construction activity, excess production capacity, rising production costs and cheaper imports are putting growing…
Africa’s largest oil reserve earns $15.2 billion in six months, but IMF warns windfall could deepen Libya’s crisis
The figures show how higher global oil prices have delivered a windfall to the holder of Africa’s…
Euro holds above 1.1500 as US inflation curbs Fed bets
The Euro holds firm above 1.1500 as inflation data in the US curbed Fed rate hike bets, as…
Manufacturing sector expanding at a slower pace as firms take cautionary approach
The manufacturing sector remains in expansion mode, albeit at a slower pace, as firms took a more cautionary…
RBNZ says housing risks ‘currently contained,’ leaves LVR settings unchanged after review
The Reserve Bank (RBNZ) says it’s maintaining banks’ low equity home lending limits at current levels, by retaining…
How four downturn scenarios could alter capital city property values
Double-digit declines in home values would make little dent in the gains accumulated across mid-sized housing markets during…
NZ wholesale rates fall, NZD mixed
Benign US PPI data supported lower US rates and helped US equities reach a fresh record high. Currency…
Record-high primary income deficit hits Poland’s current account | articles
In June, the current account deficit widened to €2216m (ING: €1339m; consensus: €679m), from €1071m in May and…
Breakfast briefing: Markets & data delivers mixed messages
Here’s our summary of key economic events overnight that affect New Zealand, with news ship traffic in the…
U.S. economic outlook: Uneven growth and a Fed on hold
Key ThemesThe economy is expanding, but the mix is uneven. Real GDP growth rose at a 1.5% annualized pace…
UK universities face ‘financial crisis’ amid collapse in international students | University funding
University leaders are warning of financial turmoil in British higher education after new figures suggested a collapse in…