POLITICAL ECONOMY

News About The Global Economy

1,238 articles

China's Q2 GDP growth beats forecasts as stimulus kicks in
Jul 15, 2015 (AFP)
China's GDP expanded 7.0 percent year-on-year in the second quarter, official data showed Wednesday, beating expectations as months of central bank policy stimu...
Tech investors: dance, or gird for 'when music stops'?
Jul 15, 2015 (AFP)
Venture capital investors are still keen on the frothy, high-growth opportunities in technology, although some are tempering their optimism over fears of a bubb...
China bank lending, money supply grew in June: central bank
Jul 14, 2015 (AFP)
China's bank lending rose in June and the broader money supply also increased, the central bank said Tuesday, as monetary easing measures to boost the world's s...
China trade slumps in first half of year: government
Jul 13, 2015 (AFP)
China's total trade slumped in the first half of this year, official data showed Monday, falling well short of the government's targets and dealing a blow to th...
Asia markets up as Europe leaders struggle for Greece deal
Jul 13, 2015 (AFP)
Asian markets rose Monday while the euro held its own as European leaders struggled to hammer out a debt reform deal to keep Greece in the eurozone, with a sour...
China consumer inflation rate rises to 1.4% in June: govt
Jul 09, 2015 (AFP)
The consumer inflation rate in China rose to 1.4 percent in June, authorities said Thursday, though economists cautioned further stimulus was needed in the worl...
World Bank removes critical section from China report
Jul 05, 2015 (AFP)
The World Bank has removed a sharply critical portion from a recently released report on China's economy that called for reform of its financial system, saying ...
China brokers to invest $19 mn to curb market plunge
Jul 04, 2015 (AFP)
China's 21 largest brokerage firms announced Saturday they would invest more than $19 billion in the country's stock markets in order to curb its precipitous fa...
World Bank warns China over state financial control
Jul 01, 2015 (AFP)
The World Bank on Wednesday urged China to accelerate reform of its state-dominated financial sector, warning that failure to address the issue could end "three...
China manufacturing sees slight pick-up in June
Jul 01, 2015 (AFP)
Chinese manufacturing activity saw a slight improvement in June, official data suggested Wednesday, but analysts said more stimulus to the world's number two ec...
HSBC ends sponsorship of key emerging market indexes
Jun 26, 2015 (AFP)
Banking giant HSBC has ended its five-year sponsorship of a closely watched series of business activity surveys, financial research group Markit, which compiles...
China to scrap constraint on bank lending
Jun 25, 2015 (AFP)
China is to abolish a limit on the amount of loans banks can grant, a liberalising step for the heavily-regulated banking sector which could make stimulus measu...
China's Alibaba launches Internet bank
Jun 25, 2015 (AFP)
Chinese e-commerce behemoth Alibaba on Thursday launched an Internet bank aimed at serving small businesses which often struggle to obtain credit from large ban...
Britain to privatise its 'green' bank
Jun 25, 2015 (AFP)
Britain's Conservative government on Thursday said it planned to privatise its 'green' investment bank set up three years ago to financially support environment...
China manufacturing activity contracts in June: HSBC
Jun 23, 2015 (AFP)
China's manufacturing activity contracted for the fourth straight month in June as demand remained sluggish in the world's second-largest economy, a survey by B...
China presses US to invest more in its own economy
Jun 23, 2015 (AFP)
Chinese Finance Minister Lou Jiwei called Tuesday on the United States to boost its domestic savings and investment to strengthen growth, including spending to ...
Researchers trawl public data for signs of corruption
Jun 15, 2015 (UPI)
A group of data-literate sociologists say they've developed a new data analysis technique for identifying corruption in government. Throughout the democratic wo...
China May industrial output up 6.1% year-on-year: govt
Jun 11, 2015 (AFP)
Growth in China's industrial production hit a three-month high in May, figures showed Thursday, while expansion in retail sales rebounded from a nine-year low i...
HSBC unveils radical overhaul to axe up to 50,000 jobs
Jun 09, 2015 (AFP)
HSBC will cut its global workforce by up to 50,000 as it exits Brazil and Turkey and mulls relocating headquarters back to Asia from London, the banking giant s...
China economy shows more weakness as imports, exports fall
Jun 08, 2015 (AFP)
Chinese imports fell for a seventh straight month in May while exports also sank, according to official data Monday, as the world's second biggest economy shows...
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