World

Regularly updated news on the global economy and politics from our team and Bloomberg and The Economist.
Australia signals further tightening after unexpected rate hike
Bloomberg

Australia signals further tightening after unexpected rate hike

The Reserve Bank of Australia increased its cash rate to 3.85%, the highest level since April 2012, in a decision predicted by only nine of 30 economists. 

Bloomberg 03 May 2023
JPMorgan jumps to the rescue at First Republic – for a price
Bloomberg

JPMorgan jumps to the rescue at First Republic – for a price

The deal hasn’t come cheap for anyone, something policymakers need to keep in mind.  

Bloomberg 02 May 2023
Ukraine – the latest CPTPP wannabe?
Opinion

Tracey Epps: Ukraine – the latest CPTPP wannabe?

With Ukraine expressing an interest in joining the CPTPP, the boundaries of what started as a Pacific Rim trade pact appear unbounded.

Tracey Epps 02 May 2023
China’s factory sector contracts as recovery concerns linger
Bloomberg

China’s factory sector contracts as recovery concerns linger

China’s post-covid recovery has lost steam and needs continued policy support, says an analyst.

Bloomberg 02 May 2023