POLITICAL ECONOMY

News About The Global Economy

1,238 articles

China bank loans surge in January: central bank
Feb 13, 2015 (AFP)
China's bank lending more than doubled to 1.47 trillion yuan ($235 billion) in January from December, the central bank said Friday, with analysts citing seasona...
Greece heads for bailout showdown with EU
Feb 11, 2015 (AFP)
Greece's new government headed for a showdown with sceptical European partners on Wednesday as it took its demands to renegotiate its huge bailout to crunch tal...
China January inflation plunges to five-year-low 0.8%
Feb 10, 2015 (AFP)
China's inflation plunged to a more than five-year low of 0.8 percent in January, official data showed Tuesday, fuelling fears the world's second-largest econom...
China cuts bank reserve ratio to boost economy
Feb 04, 2015 (AFP)
China's central bank said Wednesday it would make an across-the-board cut in the percentage of funds banks must hold in reserve, the first such cut in nearly th...
China's Bank of Beijing says top official investigated
Feb 03, 2015 (AFP)
A director of medium-sized Chinese lender the Bank of Beijing is under investigation by authorities, the firm said, the second senior banker implicated in corru...
HSBC: China manufacturing shrank again in January
Feb 02, 2015 (AFP)
Chinese factory activity contracted in January for a second straight month, a closely watched private survey showed Monday, a day after the government announced...
China manufacturing unexpectedly shrinks in January
Feb 01, 2015 (AFP)
China's manufacturing activity contracted for the first time in more than two years in January, an official survey showed Sunday, signalling further downward pr...
Hong Kong billionaire Li Ka-shing bets on Europe as China slows
Feb 01, 2015 (AFP)
Famed for his sharp business acumen and knack for perfectly timed investments, Hong Kong billionaire Li Ka-shing is shifting away from a slowing Chinese economy...
ECB QE could cause competitive depreciation: China
Jan 29, 2015 (AFP)
The European Central Bank's new quantitative easing (QE) measures could trigger "competitive depreciation" of currencies around the world, China's commerce mini...
China's property market no longer 'red hot but deep cold'
Jan 21, 2015 (AFP)
China's property market is no longer "red hot but deep cold", elites gathered at the Davos forum heard Wednesday, as fears grow that a real estate slump could a...
China's economy not headed for 'hard landing': PM
Jan 21, 2015 (AFP)
China's Premier Li Keqiang sought Wednesday to allay fears over the Asian giant's growth outlook, telling business and government elites gathered in Davos that ...
China's economic growth slows to 24-year low: govt
Jan 20, 2015 (AFP)
China's gross domestic product grew 7.4 percent in 2014, official data showed Tuesday, slumping to a 24-year low with authorities describing the slower pace as ...
China growth hit 24-year low in 2014: AFP survey
Jan 18, 2015 (AFP)
China's annual GDP growth slowed to its weakest rate in more than two decades in 2014, according to an AFP survey, projecting further deceleration in the world'...
China bank lending up in 2014 as govt seeks credit boost
Jan 15, 2015 (AFP)
China's bank lending rose to $1.60 trillion in 2014, the central bank said Thursday, as the government sought to loosen credit to spur faltering growth in the w...
Tycoon Li Ka-Shing losing status as China business 'bellwether': paper
Jan 14, 2015 (AFP)
A Chinese newspaper close to the ruling Communist Party on Wednesday said Hong Kong tycoon Li Ka-Shing's days as a "bellwether" for China's economy were probabl...
China December inflation rises to 1.5%: govt
Jan 09, 2015 (AFP)
Chinese inflation rebounded marginally in December, the government said Friday, but economists warned of deflationary threats and called for more monetary stimu...
Standard Chartered to axe further 2,000 jobs
Jan 08, 2015 (AFP)
Standard Chartered said Thursday it would close a swathe of its global equities business and axe 2,000 jobs around the world this year as it tries to make savin...
China December manufacturing index at 49.6: HSBC
Dec 31, 2014 (AFP)
China's manufacturing activity contracted in December, HSBC's closely watched purchasing managers' index (PMI) showed Wednesday, as the world's second-largest e...
Brazil: Economy struggles as Rousseff begins 2nd term
Dec 31, 2014 (AFP)
Brazil's President Dilma Rousseff will be sworn in for her second term Thursday before thousands of cheering supporters, but any moment of triumph will surely b...
Japan approves $29 bn stimulus package
Dec 27, 2014 (AFP)
The cabinet of Japanese Prime Minister Shinzo Abe approved a fresh stimulus package worth $29 billion Saturday in a bid to boost the economy, hit hard by a tax ...
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