MACRO ECONOMIC NEWS

Macro Economic News 16 Dec 2016

 

FINANCIAL TIMES

[I]  US adds new front in trade battle with China

[I]  Dollar hits 14-year high as US outlook strengthens

[I]  Beijing said to militarise South China Sea islands

[I]  May woos EU partners despite Brexit chill

[I]  European consensus on tackling Putin under strain

[I]  World Bank turns to capital markets to boost aid

[I]  China’s exports to the US fall

[I]  Japan legalises casinos with landmark gambling law

 

BLOOMBERG 

[I]  Singapore Dollar Likely to Slide to Levels Seen After 2008 Crisis, Says Policy Sage

[I]  Japan Overtakes China as Largest Holder of U.S. Treasuries

[I]  World Energy Hits a Turning Point: Solar That's Cheaper Than Wind

[I]  OPEC Threatened by Tiny Oklahoma Town With Soaring Supplies

[I]  Stranger Things Are Going Into China's Overseas Shopping Basket

[I]  After Years of Encouraging Foreign Deals, China Gets Worried

[I]  Big Banks $70 Billion Short in Fed Push to Prevent Bailouts

 

BUSINESS LINE

[I]  US rate hike will not hurt India badly: CEA

[I]  Note ban drags down home loan market

[I]  Digital payments no substitute for cash, says Jaitley

[I]  Govt dilutes green norms for big realty projects

[I]  Bottom 50% wage earners in India get only 17% of total money: ILO

[I]  Swachh Bharat Mission, Digital India may be the focus of Budget 2017-18

 

ECONOMIC TIMES

[I]  China's yuan falls to over 8-year low on dollar strength

[I]  Bring land, realty, power under GST fold, says Arvind Subramanian

[I]  Growth rate to see significant fall on demonetisation: CII

[I]  India removes Cyprus from 'notified jurisdictional area'

[I]  Services export dips 4.79% in October

[I]  'High hopes' for trade deal with India: Australian PM

[I]  India’s exports up 2.2% in November, gold imports rise 23%

[I]  RBI imposes restrictions on withdrawal from certain bank accounts

[I]  No target of printing new notes worth entire Rs 15.44 lakh crore: Government

[I]  Some e-wallets still not secure to desired level: IT Secretary

[I]  Demonetisation: Withdrawal limit to ease after 80% new notes re-channelised, announces government

[I]  India needs simple GST structure with lower rates: chief economic adviser Arvind Subramanian

 

BUSINESS STANDARD

[I]  Govt asks RBI to recheck deposit data for old notes

[I]  Bonds, rupee come under pressure on Fed rate hike

[I]  Currency recall dents advance tax outgo

[I]  Centre to absorb MDR on debit card payments of up to Rs 1 lakh to govt

[I]  Mauritius gets debt advantage over Cyprus

[I]  Exports up 2.29% in November; trade deficit hits 2-yr high

[I]  Gold imports up 23.24% in November

 

Best Regards, ARBIND