Bloomberg A planned shake up of Australia’s consumer price index could result in a significant paring of inflation expectations. Westpac Banking Corp. economist Justin Smirk has run the numbers on how the statistics bureau could revise its inflation basket to bring it up to speed with the latest spending patterns and technological changes. Lower core inflation could keep benchmark rates ...

Bloomberg A longtime Morgan Stanley broker and financial adviser pleaded not guilty to trading on secret tips about pending mergers and acquisitions leaked by a Bank of America Corp. consultant. Michael Siva, 55, got the information from a close friend, James Moodhe, whose daughter was dating the consultant at the centre of the case, Daniel Rivas, prosecutors said in an ...

Bloomberg Two years after Chinese policy makers devalued the yuan, an act that torpedoed global markets, traders are starting to view the currency as a sure bet. The yuan has surged 3.9 percent to be the best performer in Asia this quarter, while momentum indicators are near the highest since 2005. Typical risk-off events seem only to heighten demand for ...