Australia’s Dependence on China has Never Been so Starkly Illustrated
The budget forecasts tell the tale. Eight of Australia’s top 10 trading partners are expected to see a contraction in economic growth in 2020. China and Taiwan are the only…
Tags: COVID impacts
Nearly 75% of City Firms Reviewing Office Space Provision
Nearly three-quarters of City firms are reviewing how much office space they really need following a boom in home working during the pandemic, new research shows.
Severe Winter Forecast Sparks Recovery in Asia’s LNG Prices
TOKYO -- Gas prices in Asia have begun to recover from the coronavirus-induced plunge earlier this year, driven by predictions of a colder winter and disruptions to U.S. production caused…
Copper Supply Faces Struggle to Keep Up with Growing Demand
A deficit in the copper market is set to deepen over the next several years as supply of the widely used metal struggles to keep up with strong demand from…
‘Anything Can Happen:’ Why the Hottest Investing Trend is Playing it Safe
Consider a turkey that is fed every day. Every single feeding will firm up the bird’s belief that it is the general rule of life to be fed every day…
Trump’s Diagnosis Fuels Uncertainty for Skittish U.S. Stock Market
(Reuters) - Investors are gauging how a potential deterioration in President Donald Trump’s health could impact asset prices in coming weeks, as the U.S. leader remains hospitalized after being diagnosed…
Economists Reveal their ‘Dream Budget’ to Save the Australian Economy
“I’ve always wanted to be asked about my dream budget,” says Danielle Wood, head of the Grattan Institute and president of the Economic Society of Australia.
Analysis: With Eye on ‘Quad,’ China Steps up Japan Courtship
TOKYO -- When the much-anticipated first phone call between Chinese President Xi Jinping and new Japanese Prime Minister Yoshihide Suga took place on Friday, the absence of one major issue…
Treasury Department Could Upsize Airline Loans as Delta, Southwest Opt Out, Freeing Up Funds
The Treasury Department on Tuesday said airlines could receive larger federal loans than previously expected after some carriers opted out, freeing up more funds in the program.
Pandemic to Keep Asia’s Growth at Lowest Since 1967, Warns World Bank
TOKYO (Reuters) - The coronavirus pandemic is expected to lead to the slowest growth in more than 50 years in East Asia and the Pacific as well as China, while…