Private developers in China have been increasing their debt levels, research shows.
Reuters
China’s private property market is to blame for rising debt, not government owned or controlled businesses, new research shows.
Alex Yeung/Shutterstock
Hart and Holmström changed the way we think about corporate governance.
Bank of Japan Governor Haruhiko Kuroda has been trying various expansionary monetary policies to get the Japanese economy going.
Kimimasa Mayama/EPA
The Bank of Japan is trying yet another measure to fight deflation but the economy shows no signs of responding.
People are needlessly filing for bankruptcy because they don’t understand the system.
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New research shows people are needlessly declaring bankruptcy because they don’t know about the help available to manage their debts.
New RBA changes could mean SME’s can’t rely on commercial credit cards to pay suppliers and wait out long payment terms with big business.
JOERG CARSTENSEN/AAP
If the RBA includes commercial credit cards in new caps on interchange fees, small to medium enterprises might not be able to use them as a source of finance.
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Africa needs billions of dollars to finance the Sustainable Development Goals. Its not clear where this money will come from.
Mannequins for sale in the Crawley branch of BHS.
PA
The pursuit of shareholder value destroys jobs, investment and the long term health of the economy, but as long it is legal Philip Green’s behaviour is just business as usual.
She certainly thinks so.
Puerto Rico parade via www.shutterstock.com
Congress just passed a bailout for Puerto Rico – in the nick of time – yet it’s not enough to solve the island’s biggest challenge: returning to growth.
Was Bill Shorten right about debt under the Coalition government?
AAP/Mick Tsikas
Was Opposition Leader Bill Shorten right to say that $100 billion has been added to Australia’s national debt on the Coalition government’s watch?
Ready to surge? Iceland has wrestled itself out of recession.
clement127/Flickr
One of the worst hit countries during the financial crisis has regained economic strength inside a gilded cage – to the extent that it can now step outside, melt it down and re-sell the gold.
Greece needs genuine European support.
EPA/Alexandros Vlachos
Economic sense has been largely irrelevant in the unfolding Greek drama. Instead, morality has been at its heart.
Women navigate a financial world that is awash in credit.
Photo by Caroline Schuster (2010)
The global push for financial inclusion could end up with unintended consequences.
Wall to wall coverage. Mortgage advertising has a new pitchman.
Angélica Portales/Flickr
Is Top Cat trying to tap into our inner huckster and charlatan, or is something else going on in Halifax’s new ad campaign?
Rousseff faces her biggest trial.
Adriano Machado/Reuters
Rousseff is about to go on trial for allegedly borrowing $11 billion to fund social programs and conceal a budget deficit. Why is that a crime?
Will Padilla’s pleas to Washington go unanswered?
Alvin Baez/Reuters
The island, which missed a debt payment earlier this month, faces ‘disastrous’ consequences if a solution to its spiraling crisis isn’t found soon.
from www.shutterstock.com
In Italy, a homeless man was excused by the supreme court for stealing food. In the UK, people living in poverty are fined for it.
Was Barnaby Joyce right about Labor’s record on debt?
AAP Image/Mick Tsikas
Deputy Prime Minister Barnaby Joyce said that when the Coalition lost government in 2007, Australia was owed billions by the world – but that when the Coalition regained power in 2013, Australia was in debt. Is that right?
The Tata steel plant at Port Talbot.
EPA/ANDY RAIN
The UK government is considering taking a stake in a dying asset when it could have helped build a balanced economy much earlier.
Hitting the buffers.
EPA/ANDY RAIN
When a High Street stalwart falls by the wayside, don’t rush to mourn the slow death of town centre shopping.
The earth is a finite place.
Earth image from www.shutterstock.com
The global economy is already unsustainable – let alone if it gets bigger.