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Inflation in leading economies slows
Inflation in advanced democracies slowed in the year to July but was well above the eurozone level which is perilously close to deflation, OECD data shows.
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Portugal bank got Goldman Sachs loan: WSJ
Goldman Sachs may lose the 635 million euros it lent troubled Portuguese bank Banco Espirito Santo a month before it collapsed, the WSJ reports.
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Spain jobless rate creeps back up
Spain's jobless rate has crept back up as temporary summer hires end but the figure shows a stronger economy than a year ago.
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RBA needs to work harder against high $A
The Reserve Bank has come in for criticism from a leading economist, who says it is not doing enough to lower the high Australian dollar.
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Aust bond futures weaker
Australian bond futures prices are lower following a positive tone from the Reserve Bank.
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Foreign companies in China feel 'targeted'
A US survey has found foreign companies operating in China feel "targeted" by regulators and this could lead to a drop in investment.
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Coles to axe up to 600 jobs
Coles could axe up to 600 jobs from its headquarters in Melbourne in an attempt to cut costs.
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Sydney popular with Asian investors
Sydney has become a favourite among Asian property investors wanting to buy up office space to convert into apartments.
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RBA's two-pronged approach: wait and see
The next interest rate move is being pushed further into the distant future as the RBA continues to hold the cash rate at 2.5 per cent.
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Building approvals hit record high in July
Home building approvals hit a record high in July, suggesting the economy is shifting from its reliance on the resources sector.
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