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Finance & Markets

China Warns Corrupt Officials Can’t Expect a Safe Landing

China’s top anti-graft authorities warned that officials who engage in corruption cannot expect a “safe landing,” regardless of their rank, past contributions or whether they’ve retired, according to a commentary from the CPC Central Commission for Discipline Inspection and National Commission of Supervision.

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

Read the original at bloomberg.com →

More in Finance & Markets

The economic week in review

Below is CBA economist Lucinda Jerogin’s round-up of this week’s economic data: Key points: Australia’s seasonally adjusted unemployment rate rose to 4.7% in September on the back of a 39.4k decline…

  • Employment fell by 39.3k in September, participation rate dropped to 66.8%
  • Monetary Policy Board displayed hawkish stance, Governor Bullock more dovish
  • Wage growth steady at 0.8%/quarter, monthly growth dipped to 3.3%/year

More from Saturday 17 October →