Happy New Year! For the first time since 2008, we investors, economists and businesspeople say these words without irony. While last year was statistically disappointing, with global growth slowing slightly from 2012 and apparently belying the optimism expressed here last January, the verdict of financial markets and business sentiment has […]
World News
Home prices post biggest annual rise in four years
Australian home prices continued their strong gains in December, leading to the biggest calendar year rise in four years. The RP Data-Rismark home value index shows capital city prices rose an average of 9.8 per cent last year, the biggest calendar year rise since 2009 when home values lifted 13.7 […]
Euro to be 2013’s top-performing major currency
The euro was on track on Tuesday to be the world’s best-performing major currency this year, while the dollar looked set for its biggest annual gain against the yen since 1979. The euro zone common currency has gained 26 percent against the yen this year, though it fell 0.2 percent […]
