Japan Learned Its Lesson From 1997, Sales Tax Hike Won't Throw Country Into Recession
With the world’s highest debt-to-GDP ratio and an increasing social security bill, Japan will have to consider more revenue.
5 Reasons China’s Banks Won't Have Another Liquidity Crisis In September
Relax. September won't see a repeat of June’s liquidity scare in China. Here's why.
Economic Events: US Retail Sales, UK Unemployment Rate, Japan Q2 GDP Revision
Expect a big upward revision in Japan’s Q2 GDP, more evidence of growth in China and stagflation signs in India.
US August Jobs Report 2013: 169k Nonfarm Payroll Growth, Unemployment Rate Drops To 7.3%
What's more, July's job growth was revised substantially downward - the exact opposite of what's needed for Fed stimulus reduction.
Syria Crisis: ASEAN Economies Hit By Higher Fuel Subsidy Costs
Rising global oil prices may keep oil-trade deficits and subsidy costs elevated for ASEAN economies.
China August Economic Data Preview: Inflation, Trade, Industrial Production, Investment, Bank Lending
More August data due over this weekend will likely show that China may have avoided a sharp slowdown.
What the Fed’s Beige Book Says About US Economy: Auto Sales, Employment, Manufacturing, Real Estate
The Fed said the U.S. economy continued to grow at a modest/moderate pace in July and August, as it has for much of 2013.
ECB’s Draghi To Repeat Forward Guidance, Refrain From Rate Cuts
Currently, the ECB is the only major central bank that doesn’t publish meeting minutes.
US August Jobs Report 2013 Preview: Will Fed Taper QE If Nonfarm Payrolls Improved, Unemployment Rate Unchanged?
As summer begins to fade, the U.S. economy stands at something of a crossroads. Will rising risks change the Fed's thinking?
Economic Events: US Nonfarm Payrolls, G-20 Meeting, Central Bank Rate Decisions (BoE, ECB And BoJ)
The holiday-shortened week will be capped by the all-important U.S. employment report on Friday.
China’s Big State-Owned Banks Beat Profits Estimates; Warn On Outlook
There's a grim outlook for China's banking industry on slower profit growth, narrower interest-rate margins and rising bad loans.
US Q2 GDP Revised Up To 2.5% From 1.7% On Smaller Trade Deficit
The U.S. economy grew at a faster-than-expected rate in the April-June period, bolstering the case for the Fed to decrease stimulus.
China’s Debt-Laden Steel Industry On The Brink Of Bankruptcy
The first domino might fall in less than a year, posing a threat to China's economy.
Bank Of England Ready To Inject More Stimulus -- Mark Carney
In his first speech since taking office July 1, BoE Governor Mark Carney says the recovery seen so far isn't enough.
Watch Out, China, Pork-Flation Is Coming
Half the world’s pigs live in China and pork price is a good barometer of inflationary pressure.
Japan's Economy: Preview Of July Inflation, Industrial Production and Sales Tax Hike
Japan’s ultra-easy monetary policy successfully drove down the yen. But a weaker yen is a double-edged sword.
Italy's Economy: Rising Bankruptcies And Suicide Rates As Recession Drags On
It is too soon to conclude that the crisis in Italy is nearing an end.
Economic Events: US Q2 GDP Revision, Durable Goods Orders, India GDP, China August NBS Manufacturing PMI
In the U.S., revised Q2 GDP should indicate steady momentum.
Why September Is The Worst Month Of The Year: Stocks Tank; Banks Fail
Historically, September is the worst month for U.S. stocks. It’s also the month with the most banking crises.
Earnings Preview: Tiffany (TIF), Joy Global (JOY), TiVo (TIVO) Salesforce.com (CRM), Splunk (SPLK)
So far, 71 percent of the 483 companies in the S&P 500 that have reported quarterly earnings topped profit estimates.
Field Of Dreams? 7 Reasons Why You Don’t Want To Be A Farmer In China
A look at why China has the worst farms in the world.
July FOMC Minutes Show Fed Officials Divided Over Tapering Schedule; Offer Few Clues On QE3
The Fed said economic data since the July meeting has been mixed and inflation is still running below its 2 percent target.
Political Brinkmanship: Imminent US Debt Ceiling Debate, FY14 Budget Showdown
The U.S. budget battle will escalate once Congress returns from its August recess. Oh, joy.
New Faces On The FOMC: Significantly More Hawkish In 2014?
The comings and goings of the Federal Open Market Committee could confuse markets about the direction of Fed policy.
Thailand’s Economy Slips Into Recession In Q2; Full-Year GDP Growth Forecast Trimmed; Central Bank Expected To Hold Rates Steady
Thailand has become the latest emerging market to be hit by falling growth. But its central bank will likely leave interest rates unchanged.
Economic Events: FOMC Minutes, Jackson Hole, US Housing Data, China August Flash HSBC Manufacturing PMI
Next week's focus will be on the July FOMC minutes, Jackson Hole symposium and China's August HSBC flash manufacturing PMI.
Earnings Preview: Pandora Media (P), Hewlett-Packard (HPQ), Home Depot (HD), JC Penney (JCP), Best Buy (BBY)
Even as the earnings season wanes, several leading retailers will post quarterly results next week.
US Housing Starts Up Less Than Expected In July On Rising Mortgage Rates Concerns
U.S. housing starts and building permits rose less than expected in July as rising mortgage rates hit the housing market.
China Banks’ Bad Debt A Cause For Concern? Not If History Is Any Guide
Why worry about bad debt? China's central government will bail out large financial institutions when they are in trouble.
Warren Buffett's Berkshire Hathaway (BRK.B) Drops Gannett, Bets On Dish In Q2 2013 - 13F Reveals
Warren Buffett's Berkshire Hathaway unloaded all shares it held of newspaper company Gannett in the second quarter.