Specialized search for economics

3+ hour, 42+ min ago   (285+ words) Energy sector to anchor next year's rebound, unevenly across the region The report notes that options for rerouting energy exports have narrowed in recent weeks, with Saudi Arabia's own East-West pipeline, previously seen as a key workaround, coming under renewed…...

17+ hour, 10+ min ago   (231+ words) According to Phillip Capital Research, the government’s exports data differentiates between domestic, which involve production processes undertaken within the country, and re-exports, which involve importing goods and then exporting them with not much value-added activities involved. The government provides the…...

14+ min ago   (241+ words) The average 30-year fixed-rate mortgage leaped to 7.03% on Thursday, according to the Federal Home Loan Mortgage Corp., which also goes by Freddie Mac. Mortgage rates tend to follow the 10-year Treasury note, which has risen sharply over the summer amid…...

15+ min ago   (379+ words) Taiwan’s minimum monthly wage is set to rise to NT$30,900 next year from NT$29,500, exceeding NT$30,000 for the first time following a decision yesterday by the Ministry of Labor’s Minimum Wage Deliberation Committee. The minimum hourly wage would also increase…...

1+ hour, 55+ min ago   (315+ words) Philadelphia Federal Reserve president Anna Paulson said Thursday that inflation needs attention, which might require further interest rate hikes. Paulson, a voting member of the rate-setting committee this year, had been in favor of holding rates steady. But she said…...

4+ hour, 8+ min ago   (450+ words) She says today's rate could be the best one your client sees for a while Mortgage brokers counting on a Bank of Canada rate cut may need to reset client expectations, according to Dr. Sherry Cooper, chief economist at Dominion…...