China ready to cut rates again on fears of deflation

(Reuters) – China’s leadership and central bank are ready to cut interest rates again and also loosen lending restrictions, concerned that falling prices could trigger a surge in debt defaults, business failures and job losses, said sources involved in...

EU-US deal could benefit dairy trade, says Bruton

The trade deal between the European Union and the United States could offer valuable market opportunities for the Irish dairy industry, Minister for Trade Richard Bruton has said, following a meeting of EU trade ministers in Brussels. Pointing out that the recent...

Irish corporate tax system most efficient in Europe, study says

Ireland has the most efficient corporate tax system in Europe with the least red tape, according to a study from PwC and the World Bank. The report found that the effective corporate tax rate in Ireland – the amount of tax paid as a percentage of profits – was 12.4...

Why is China’s inflation so low?

Recent disinflation is consistent with lower growth and symptomatic of a deeper-rooted issue of insufficient demand China’s inflation has declined sharply since 2011. Consumer-price rises averaged 4.4% in 2010-11 but only 2.2% in the year to September 2014. Seasonal...