Japan Surplus Grows Through August

The Japanese trade surplus has shown growth to its widest level in almost 25 years in August, as a result of strong continuing trade with neighbouring Asian nations and Europe, according to official figures released today.
The monthly trade surplus reflects the difference between exports and imports within the economy, and is taken as a symbol […]

Australian Economy Grows Beyond Expectations

The Australian economy enjoyed better than expected growth over the second quarter, as a consequence of increased private investment, according to figures released today.
In the face of worldwide economic gloom off the back of the US sub-prime lending crisis, the Australian economy has been performing very well over the last year, beating analyst expectations across […]

Philippines Struggle To Pass Japan Trade Deal

The government of the Philippines is engaged in a political battle with the opposition-ruled senate in trying to ratify an influential trade agreement with Japan.
The trade agreement linking the two nations is thought to be worth an estimated $4 billion, with the potential to generate in excess of 300,000 new jobs over the next few […]

Japanese Economy Continuing Moderate Growth As Interest Rates Remain Stable

The Bank of Japan have published their monthly report, detailing the progress of the Japanese economy since their last report.
The report has revealed that Japan has, and will continue to grow in line with its moderate growth strategy over the foreseeable future, having surpassed analyst expectations and outperformed the Bank’s own forecasts in terms of […]

Jobs boom threatens inflation in Australia

Job growth is booming in Australia, good news that is also bringing some worries along with advantages. The number of new jobs have some analysts worrying that more people having more money to spend will spark inflation and lead to higher interest rates to keep inflation under control. Other analysts are skeptical that […]

Australia launches economy-saving tax-cuts

Larger-than-expected tax cuts were announced Tuesday by the centre-right coalition government in Australia. The cuts are meant to stop an economic slowdown that will probably have the nation showing its lowest growth rate in over ten years. The Treasury cut its prediction of growth in this fiscal year to 2 percent, where six […]