Reappointing or extending Reserve Bank of Australia Governor Glenn Stevens’s term may pose the easiest political option for the government, which is trailing in opinion polls six months ahead of the federal election.
Behind the crimson walls of the former imperial compound that is Beijing’s equivalent of the White House, Communist Party leaders cranked China’s decades-old propaganda machine into overdrive. Tapping a system used to quell public dissent since Mao Zedong’s anointed heir was accused of treason in 1971, apparatchiks distributed internal documents to bring more than 80 million party members into line.
Gordon Paterson, who ran Deutsche Bank AG’s mergers advisory team in the Asia-Pacific region outside Japan, has left after more than five years with Europe’s biggest bank, two people familiar with the matter said.
Canada’s Ivey business school will adjust its purchasing managers’ index starting next month to smooth seasonal variations that distort underlying trends, and will later double the number and adjust the make-up of respondents it surveys.