POLITICAL ECONOMY

News About The Global Economy

1,238 articles

China manufacturing gauge at 12-month low: HSBC
Apr 23, 2015 (AFP)
An index of China's manufacturing activity fell to a 12-month low in April, HSBC said Thursday, indicating further weakness as growth sputters in the world's se...
Climate change a 'fundamental threat' to development: World Bank chief
Apr 23, 2015 (AFP)
Global governments must dig deep to combat climate change, the World Bank chief said Thursday, describing it as a "fundamental threat" to development. Jim Yong ...
China state-owned company unit defaults on bond
Apr 22, 2015 (AFP)
A Chinese power equipment maker has become the first state-owned firm to default on a bond payment in modern China, state media said Wednesday, as the governmen...
China property developer's default an 'isolated' glitch: analysts
Apr 21, 2015 (AFP)
China's troubled property sector has seen its first default outside the mainland, with developer Kaisa unable to pay interest on its Hong Kong-listed bonds, but...
China cuts bank reserve ratio requirement as growth slows
Apr 19, 2015 (AFP)
China's central bank announced Sunday it would cut the level of funds that commercial banks must hold in reserve by one percentage point, the second such move t...
China's Q1 GDP growth slows to 7.0% on-year: govt
Apr 15, 2015 (AFP)
China Wednesday reported first-quarter growth at its slowest since the depths of the global financial crisis six years ago, stoking expectations of more action ...
Japan tops China as biggest foreign holder of US bonds
Apr 15, 2015 (AFP)
Japan eclipsed China as the largest holder of US bonds in February, the Treasury Department reported Wednesday, the first time that has happened since August 20...
China-led bank starts with 57 members, Norway included
Apr 15, 2015 (AFP)
A total of 57 countries have been approved as founding members of a Chinese-backed infrastructure bank, Beijing said Wednesday, and Norway is included despite f...
IMF: India, Japan to drive Asia as China slows
Apr 14, 2015 (AFP)
Faster growth under the reformist governments of India and Japan will help cushion the blow to the world economy from a marked slowdown in China, the Internatio...
Japan's ruling camp wins local polls in 'Abenomics' litmus test
Apr 12, 2015 (AFP)
Japanese Prime Minister Shinzo Abe's ruling coalition on Sunday won local elections seen as a referendum on his efforts to boost the economy before upper house ...
China March consumer inflation steady at 1.4%: govt
Apr 10, 2015 (AFP)
Chinese inflation held steady at 1.4 percent in March, the government said Friday, leaving policymakers further room for monetary stimulus as they try to manage...
Russia mulls credit autonomy
Apr 08, 2015 (UPI)
As low oil prices and Western-backed economic sanctions hammer Russia, the head of the central bank said it was time to embrace domestic rating agencies. A draf...
Former China central bank governor helping graft probe: report
Apr 08, 2015 (AFP)
Chinese authorities are investigating the vast wealth amassed by relatives of a former head of the country's central bank, a report said Wednesday. Dai Xianglon...
China sees first default on bond principal
Apr 07, 2015 (AFP)
A Chinese technology firm said Tuesday it cannot meet a 241 million yuan ($39 million) debt repayment, making it the first company to default on corporate bond ...
China official PMI shows expansion in positive sign
Apr 01, 2015 (AFP)
China's manufacturing activity expanded in March for the first time since December, the government said Wednesday, a bright spot as the world's second-largest e...
China home prices fall in March; Bank deposit insurance starts May 1
Mar 31, 2015 (AFP)
Falls in Chinese house prices decelerated in March from the previous month, a survey showed Tuesday, after authorities loosened mortgage and tax policies as gro...
China seeks to boost property market as economy slows
Mar 30, 2015 (AFP)
China's central bank on Monday lowered minimum downpayment levels on second homes nationwide, scrapping a key policy originally aimed at controlling housing pri...
Bank of China net profit up 8% in 2014
Mar 25, 2015 (AFP)
Bank of China said Wednesday it saw a year-on-year net profit gain of eight percent in 2014 helped by stable growth in the Chinese economy, despite a slow recov...
IMF head welcomes China-backed bank on Beijing visit
Mar 23, 2015 (AFP)
International Monetary Fund head Christine Lagarde said Monday she welcomed Beijing's creation of a new infrastructure bank -- an institution that has drawn sup...
China investigates former free trade zone official
Mar 17, 2015 (AFP)
Chinese authorities said Tuesday that a former top official of the country's first free trade zone (FTZ) in Shanghai was under investigation for violating the l...
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