Fed to raise rates unless China turbulence flares
The Fed will raise rates for the first time in more than nine years in September, unless there is a renewed bout of Chinese-driven international financial market turbulence that spills into the US.
The Fed will raise rates for the first time in more than nine years in September, unless there is a renewed bout of Chinese-driven international financial market turbulence that spills into the US.
Monday marks two years since the Abbott government came to power. If it loses power in another year when the election is due, it will depart without having left as much as a footprint.
Dressed in a Mao suit and making liberal use of the word "comrade" in his interactions with the Chinese military on parade in Beijing this week, China's President Xi Jinping left little to the imagination.
In other news this week, a creature was discovered wandering on the outskirts of Canberra struggling to survive due to an enormous burden of woolly thinking.
"You people are reporting politics like it's a reality television show," Scott "ScoMo" Morrison complained to a radio interviewer.
From now on, Tony Abbott's tax reform will be seen as a push by his government to increase the GST.
Empowerment of women is a critical economic reform in many countries, particularly those with ageing populations.
We know that living longer is good for the individual; it should also be good for the economy.
Noma's Rene Redzepi may be Denmark's most famous chef but he is facing an all too familiar problem in Sydney – affordable housing.
Saudi Arabia has been hitting the bond market and tapping money for the first time in eight years but it isn't a crisis. It shows, however, how much the dynamics in the oil market have changed.
There appears to be a pattern developing with James Packer busting family traditions.
In the end, Coalition MPs are no different to Labor ones. Many are already freelancing, and if they faced the choice, it's unlikely they would back the PM over their own political futures.
Looking back to 1997 is the wrong way to frame Asia's economic challenges after China's financial market upheaval.
It's no surprise that Tony Abbott won't be spending too much time in Western Australia ahead of the Canning by-election on September 19.
Which would you prefer, a Chinese hard landing or a step back from President Xi Jinping's accelerated reform?
James Packer's business ambitions outgrew Australia some time ago.
Speculation is frothing that Chris Corrigan's Qube has approached Sydney's Hutchinson Ports, but could they attract enough business to make a go of it?
Maybe things have got so bad with Tony Abbott's Coalition that voters have actually started to reassess Labor and its leader.
Republicans targeting a so-called weak Obama administration may like to think twice, as there is little evidence Americans want a more aggressive US president.
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