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Evergrande turmoil to worry, not wreck, global markets

Location:

INTERNATIONAL

Evergrande's troubles have increased concern about China's all-important housing market, as Beijing seems intent on reducing excessive leverage in the real-estate sector. Global…

Turkey’s stock market is set to be highly volatile

Location:

TURKEY

Local investors have used Turkey’s stock market as a hedge against the country’s runaway inflation and government attempts to 'lira-ise' the economy. The market's strong…

Russia extends cheap mortgages to boost construction

Location:

RUSSIA

The explanation lies in a government scheme offering subsidised mortgages, which drew prospective buyers to move faster than they might otherwise have done. While housing demand…

China's economic recovery is shakier than it may seem

Location:

CHINA

In quarterly terms, real GDP increased by 2.2%. Growth was driven by services: the tertiary sector grew 5.4% y/y. Consumption is shifting from goods to services, with hotels and…

Calls to bolster central bank legitimacy will grow

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INTERNATIONAL

While credited with avoiding financial and economic catastrophe, central banks have been criticised for intruding into the political realm, for example, by picking winners and…

Qatar will lean on core LNG strength post-boycott

Location:

QATAR

Qatar is putting a massive planned liquefied natural gas (LNG) hike at the centre of its next phase of economic growth. This comes as relations with Gulf neighbours improve, and…

US purse strings strained by short-term sweeteners

Location:

UNITED STATES

In its biannual ten-year projections released on April 9, the Congressional Budget Office (CBO) foresaw the budget deficit averaging 4.9% of GDP from 2019 to 2028, an increase…

Reform opens Japan's door to inflow of foreign workers

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JAPAN

The proposal seeks to deal with a supposedly temporary shortage of workers but will also help address the longer-term issue of Japan’s declining workforce and ageing society.

China's housing market will adjust to long-term change

Location:

CHINA

Developer financing fell 25.9% last year. Property sales have slowed due to zero-COVID restrictions and consumer doubt about developers’ reliability, especially after some firms…

Australian foreign property rules are mainly political

Location:

AUSTRALIA

The new rules, which include steeper taxes on foreign purchases of existing domestic properties, are part of a Labor strategy intended to free up more housing stock. The…