History shows that successfully becoming a multinational bank operating in many countries is difficult.
The Reserve Bank of Australia left the benchmark cash rate at 2.0% on Tuesday.
The key economic news this week concerned what the United States Federal Reserve did with interest rates, and what the Reserve Bank of Australia is likely to do.
The cupboard is largely bare in terms of key domestic economic indicators or events until January 4. Still, the private sector credit or lending figures are released on New Year?s Eve.
One of the final obstacles in the way of a binding agreement at the Paris climate talks comes down to a simple number: 1.5.
Among the various interests at the Paris climate talks, it is arguably the voice of business that has emerged most clearly.
There are no economic statistics of note domestically from December 17 to January 6. So the coming week represents the last hurrah.
The last major Australian economic indicators for 2015 are released in the coming week. In Australia the focus will be on the labour market.
Arguably this is the last big week of economic data with economic growth and a Reserve Bank Board meeting in Australia and pivotal jobs data in the US.
Another busy week is in prospect with the quarterly business investment figures dominating the economic agenda.
The December quarter economic growth data is... More
The inequalities and inequities that housing... More
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The greenback has rallied more than 27% from its 2013 lows on a trade-weighted basis to a 14-year high and many countries appear content to let the US dollar rise because it helps their exporters.
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