Friday, May 3, 2024

International Finance

Tag : australia

Economy

PM wants Australia to move from mining to startups

International Finance Desk
by International Finance Desk
Prompted by downturn in mining industry Suparna Goswami Bhattacharya March 1, 2016: Every country at some point or the other goes through a transformation phase where it decides to explore a new industry or a sector. Currently, Australia is in that phase. It is no secret that Australia for long has rested on wealth from...
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Economy

More concern about Chinese economy

International Finance Desk
by International Finance Desk
Survey reveals uptick in late payment of B2B invoices October 23, 2015: Concern over China’s economic performance persists, causing a further downward revision of its 2016 growth forecast from 6.9% this year to 6.7% in 2016. Atradius survey shows an uptick in late payment of B2B invoices in China. This can have a knock-on effect on...
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Business Leaders

‘With AIIB around, ADB will no longer be complacent’

International Finance Desk
by International Finance Desk
ADB was not doing much lending before as Japan was too busy trying to put its own house in order Suparna Goswami Bhattacharya July 31, 2015: Since the day China announced its intention to set up Asian Infrastructure Investment Bank (AIIB), US has been skeptical about its intention. Same with Japan. Though initially, supporters were...
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Economy

Australian overnight interest rates kept unchanged

International Finance Desk
by International Finance Desk
The move, which comes on the eve of the national budget, is the most prudent course, says RBA Governor, reports Team IFM Sydney, May 8: In a widely-anticipated policy announcement on Tuesday that has propped the country’s construction sector and stoked employment since last September, Australia’s central bank said it was keeping its overnight cash...
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Fintech

Trade Regionalism in the Asia-Pacific: New Game, Old Rules?

International Finance Desk
by International Finance Desk
By Swarnim Wagle. 3rd December 2013 Negotiations over one of history’s most ambitious trade deals have taken another step towards defining the future of Trans-Pacific trade. The latest round of discussions on the Trans-Pacific Partnership (TPP) wrapped up this past weekend in Salt Lake City, Utah. Negotiators are believed to have made headway on a number of...
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