At its monetary policy meeting today, the RBA decided to maintain the benchmark cash rate unchanged at a record low level of 2.5%.
In his statement on the monetary policy decision, RBA […]
Anyone reading Warren Buffet’s annual letter to Berkshire shareholders would be struck by his utmost faith and confidence in the American way.
America’s great wealth of opportunity
Buffett reveals that Berkshire […]
Markets were taken aback by a shock contraction in the U.S. GDP during the fourth quarter of 2012. Gross Domestic Product (GDP) fell by 0.1% year-on-year against the consensus expectation of a growth of […]
Not surprisingly, the crisis in the Euro zone led to renewed calls for the imposition of a financial transaction tax, principally to pay for bailing out shaky banks, reducing risky bets and provide budgetary […]
The Organisation for Economic Co-operation and Development (OECD) has developed country-wise “Composite Leading Indicators” (CLIs) that are used to determine changes in economic cycles, relative to a mean […]