World Economy

Why SA businesses are more likely to use Ethereum and not Bitcoin

Despite being underwritten by the same technology, Ethereum has a far lower profile than the more popular Bitcoin – and this could help the new …

Bitcoin

Italy's 2 richest regions seek more autonomy from Rome

MILAN (AP) — Voters in the wealthy northern Italian regions of Lombardy and Veneto are heading to the polls to decide if they want to seek greater autonomy from Rome, riding a tide of self-determination that is sweeping global politics.<p>While the twin referendums Sunday are non-binding, a resounding …

Business

China home prices rise 0.2 percent in September from August

BEIJING (Reuters) - Growth in new home prices in China slowed to a crawl in September after rising for 2-1/2 years, reinforcing views that a long …

Economy

India's Market Beats China's

India’s equity market has been outperforming China’s market by a big margin in recent years. In the last five years, iShares S&P India 50 were up 45.87%, beating China’s comparable ETF by almost two to one – see table.<p><i>Source: Finance.yahoo.com 10/21/2017</i><p>That may come as a big surprise to some. …

Entrepreneurship

Tesla Will Open an Electric Vehicle Plant in Shanghai's Free Trade Zone

Automaker and alternative energy giant Tesla has signed off on a deal to build a manufacturing facility in Shanghai, the <i>Wall Street Journal</i> reported, …

Electric Vehicles

Emerging market rally leaves currencies behind

On the face of it, 2017 has been a fantastic year for all emerging market asset classes.<p>Equities have surged 30 per cent, hard currency debt by 9.2 …

Economy

Great Powers and Global Politics

<i>Terminology</i><i>A meaning of the term Great Power(s) (GP) in global politics from the beginning of the 16th century onward refers to the most power and</i> …

Geopolitics

Japan shares at two-decade top, yen at three-month low on Abe win

SYDNEY (Reuters) - Japanese shares jumped on a weaker yen on Monday as an election win for Shinzo Abe’s ruling bloc gave a green light for more super-easy policy stimulus, while the euro eased as Spain’s constitutional crisis aggravated concerns about political unity in the region.<p>A Japan Yen note …

Economy

U.K. Trade Secretary Dismisses 'Nightmare' of No-Deal Brexit

U.K. International Trade Secretary Liam Fox said leaving the European Union without a deal for future business isn’t a “nightmare scenario” for …

Brexit

Insider Q&A: Taking the measure of record-high stock prices

WASHINGTON (AP) — With stock price indexes setting record highs, many investors have been keeping a wary eye on the markets. Have stocks risen too far, too fast? Are they destined to fall from here? And what might happen if prices experienced a full-fledged correction — typically defined as a …

Business

Inflation stumps policymakers

Yet it was only five years ago that central bankers were puzzling over why inflation had not fallen. The IMF’s global outlook in April 2013 had a …

Economy

Tesla’s Shanghai factory could take luxury cars up a gear in China | Style Magazine | South China Morning Post

Tesla has reached an agreement with Shanghai officials to set up a manufacturing facility in the city’s free trade zone, according a Wall Street …

China

Op-Ed: Women, Africa's forgotten farmers

As we conclude a week of celebrating women with the International Day of the Girl and the International Day for Rural Women, it’s worth asking: do …

Agriculture

Federal Reserve policy and four other things to look out for in economics this week

Writing out of Washington DC, the temptation is to focus on the US, and there are certainly two huge issues affecting US economic policy that will …

Economy

Mind the skills gap, or we really will struggle

OECD

At mid mandate and with extra cash, Liberals to chart fiscal course toward 2019

The Trudeau government, right at the midpoint of its mandate, will map out its financial path this week and announce new measures as it enters the …

Bill Morneau

Global Investors Chase Safety, Yield in U.S. Bonds

While the U.S. economy has yet to return to rates of growth seen before the financial crisis, the U.S. bond market has been a magnet for global savings. Treasurys have been a repository for central banks looking to bolster their financial reserves and for private investors seeking to preserve …

Economy

DELOITTE: The clouds around Australia’s economy are clearing

George Rose/Getty Images<p>Australia’s economy looks like it will dodge the dual risks of a sharp fall in housing prices and a slowing in China, …

Economy

ACT economy to benefit from 'dysfunction in the Senate'

Canberra's mortgagees are keeping their wallets open and buoying economic growth as low inflation delays interest rate rises.<p>While the ACT is …

Economy

Costco has officially raised the alarm on US tariffs

The threat of higher US duties and tariffs has spooked Costco.<p>The warehouse club—known for it’s discount products in bulk quantities—updated the “risk factors” section of its most recent annual report to explicitly add a warning that import taxes are a risk to its business success.<p>The document was …

Business

Top Senate Republican aims for tax bill by year-end

WASHINGTON (Reuters) - The top U.S. Senate Republican says he believes Congress can pass tax legislation by year-end, and he and other leaders are …

Economy

Ikigai: Japanese secret to a long, meaningful life - The Big Picture

<i>From World Economic Forum:</i><p>What’s your reason for getting up in the morning? Just trying to answer such a big question might make you want to crawl …

World Economic Forum

Dollar/yen hits three-month high after Japan ruling party's election win

TOKYO (Reuters) - The dollar extended its gains early on Monday to hit a three-month high against the yen after Japanese Prime Minister Shinzo Abe's …

Economy

Slovenia's President Borut Pahor fails to win majority, faces runoff

A near-complete vote count showed Borut Pahor with 47 percent of Sunday's vote, falling short of an outright win. The result contradicted exit polls …

World News

Will Australia's 'miracle economy' keep on winning?

<b>It was the year Australia went to war in the Gulf, when Monica Seles and Boris Becker won tennis grand slams in Melbourne, and The Simpsons was first shown on Aussie television, while a swooning Bryan Adams was a hit with love-struck teenagers ("Look into your heart, baby").</b><p>It was 1991, and the …

Australian News

News Highlights: Top Global Markets News of the Day

Global Economy Week Ahead: U.S. and U.K. GDP; Policy Decision From the ECB<p>In the week ahead, we will see early readings on third-quarter gross domestic product in the U.S. and the U.K., as well as monetary policy decisions from the eurozone and Brazilian central banks.<p>Post-Election Japan Leads …

Economy

Brexit: UK could struggle with 'huge' border changes as immigration checks to soar by 230%

Border officials could struggle to cope after Brexit as customs declarations are set to soar by 360% and immigration checks will rise by 230%, the …

Brexit

Buhari and the South

By Dele Sobowale“You know, in my very first meeting with President Buhari, he said he would like us to shift our focus to the northern region of …

Nigeria

Direct Catalonia crisis key risk to Spain rating: S&P

LONDON (Reuters) - S&P Global said on Wednesday it had no specific view on whether or not Spain reinstates direct rule over Catalonia, but is instead …

Economy

'What If' Looks More Like 'What Will Be'

Global stock markets have risen this year for all of the right reasons: global economic growth has accelerated without inflationary pressures; …

Economy