ECONOMY

Japan Exports Adden as Trade Deficit Widens in April

Japan's exports sadden as they increased less than expected in April while the country's trade deficit expanded significantly in the month. The Japan's economy has a long way ahead to finally revive, but it seems that the weaker yen has not started bearing fruits yet. The disappointing results for April were mainly driven by weak demand from key trading partners, including the European Union and China.

The Warning Signs for Australia’s Economy

Now's not the time to buy, but it's certainly a time to do your research and work out who will continue to perform well in a more subdued spending environment. The question is though, just how subdued will the spending environment become as the China rebalancing story plays out over the next few years?
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Apple (AAPL) Tweaks Prices to Gain Foothold in India

Desperate to gain a foothold in India, one of the world's fastest growing population and urbanizing economies, Apple Inc has been adjusting its marketing strategy in that country, even tweaking its notoriously high prices to gain market share.

Bird Flu Drags Down Badminton Apparel, Food Sales

China now has at least two subtypes of the Influenza A viruses lurking and circulating around its perimeters. And as more members of the poultry and fowls industry get culled, not only food sales get affected but also sales of badminton's shuttlecocks and apparel's down jackets.

What Happens When Everyone in the World has Zero Interest Rates?

If you can't remember the definition of stupidity, events this week will refresh your memory. One popular definition of stupidity is repeating the same behaviour but expecting a different result, like pushing on a door that opens by pulling. A more current and topical one would be cutting interest rates 511 times in six years in order to raise growth and/or lower the unemployment rate.

World’s Largest Steelmaker Calls for EU Trade War with China

Lakshimi Mittal, owner of the world's largest steelmaker ArcelorMittal, has urged Europe to erect trade barriers to protect its manufacturers, claiming the future of the European Union manufacturing depended on politicians helping the industry face what he said was unfair competition from China, reported the Financial Times on Sunday.

Sigh of Relief, No Severe El Niño in Coming Months

Countries located in the Northern Hemisphere may well heave a sigh of relief as weather forecasters from the National Oceanic and Atmospheric Administration (NOAA) said on Thursday the weather phenomenon twins El Niño and La Niña are less likely to develop through the late summer and towards the winter.

The Great Game of Interest Rates and Inflation

It's taken a while, but the RBA has joined the international currency war by cutting official interest rates to an all-time low. We're not sure whether it will have the desired effect or not. Chances are we'll need further interest rate cuts to really see the dollar fall to a point where it starts to relieve pressure on various dollar sensitive industries.

China Saw Inflation Speed up in April

Even though China saw inflation speed up vaguely in April, it remained subdued, thereby making it possible for the government to introduce measures aimed at fostering the economy. Concerns have been recently raised over the strength of the economic recovery and the state of the world's second economy.

IMF Criticizes Osbornomics for “Lost Decade of Growth”

George Osborne, the Chancellor, is once again under the IMF scanner, as officials of the Washington-based financial institution will arrive to review UK economic growth. With additional warnings to recall austerity drive and reinstate the 'lost decade of growth,' the Trades Union Congress (TUC) finds competent support to drive home their arguments.

ACCC Issues Warning As Scammers Target Travellers

Australians planning to go to a holiday rendezvous ought to take extra precautions in their online booking activities as the Australian Competition and Consumer Commission (ACCC) on Thursday disclosed at least some $250,000 worth in Internet scams have been lost in 2013 alone.

New SARS-Like Virus Reaches France

On Wednesday, French health authorities confirmed a 65-year-old local has contracted the deadly new SARS-like novel coronavirus, the country's first infected case.

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