Industry

New policy norms support EM currency rise

There has been a dramatic shift in the OECD central banks’ approach to their monetary policies since 2007. The old practice of anticipating inflation has now given way to central bankers being more reactive to inflationary outcomes, reports FT.com. One of the many implications of this change is its impact on currency movements causing emerging […]

By Staff |April 4, 2013

1 min read

Apple caves to Chinese censorship

On the heels of a groveling apology to China for supposedly poor warranty and customer service—an odd complaint for a nation notorious for exporting toxic toys and other dubious wares—Apple has scrubbed an app that provided access to politically sensitive literature banned by the Community Party.

By Staff |April 4, 2013

1 min read

Macklem to replace Carney: WSJ poll

Twenty-one top economists polled by The Wall Street Journal’s Canada Real Time all said Tiff Macklem, the Bank of Canada’s senior deputy governor, will be tapped to replace Mark Carney.

By Staff |April 4, 2013

1 min read

U.S. private sector adds fewer jobs

The U.S. private sector job growth slowed in March. The sector added only 158,000 jobs, compared to the 205,000 economists had predicted, reports ft.com. This may be a sign that labour market growth has eased. Read more. Also read: Gains in housing, manufacturing propel U.S. economy U.S. cities experience real estate boom U.S. monthly unemployment […]

April 4, 2013

1 min read