POLITICAL ECONOMY

News About The Global Economy

1,238 articles

China blames politics for Indonesia development bank delay
Nov 27, 2014 (AFP)
China said on Thursday that "domestic reasons" had caused Indonesia to delay joining a new infrastructure bank seen as an attempt by Beijing to rival Western-ba...
Tibetan tapestry fetches record $45 million in Hong Kong
Nov 27, 2014 (AFP)
An ancient Tibetan silk tapestry has set a world record for Chinese art after it was sold to a Shanghai tycoon for $45 million (HK$348 million) at auction in Ho...
ADB ready to work with new China-led bank, says president
Nov 26, 2014 (AFP)
The head of the Asian Development Bank said Wednesday he is ready to work with China on a new infrastructure investment bank proposed by Beijing, despite fears ...
Tech, medical sectors mixed on Obama's immigration changes
Nov 24, 2014 (AFP)
Nestled in President Barack Obama's plan to overhaul aspects of the US immigration system are tweaks to rules for high-skilled workers long frustrated with hurd...
China central bank cuts interest rates in surprise move
Nov 21, 2014 (AFP)
China's central bank on Friday unexpectedly cut benchmark interest rates for the first time in more than two years, as authorities seek to prop up flagging grow...
Ageing Japan struggles to make immigrants feel at home
Nov 20, 2014 (AFP)
The first word Mr En learned when he started work on a construction site in Japan after moving from China was "baka" -- "idiot". The 31-year-old farmer is one o...
Risky rewards for China's overseas investment boom
Nov 19, 2014 (AFP)
China's inexorable economic rise is set to see it become a net global investor after decades of Western money flowing into the country, but analysts warn the ch...
China cosies up to ASEAN with $20 billion in loans
Nov 13, 2014 (AFP)
China on Thursday offered $20 billion in loans and floated the possibility of a "friendship treaty" with Southeast Asian nations, in an apparent bid to defuse r...
Beijing denies blocking G20 corporate transparency talks
Nov 13, 2014 (AFP)
China on Thursday denied accusations it is blocking an agreement on corporate transparency at the upcoming G20 summit in Brisbane, which President Xi Jinping wi...
China's economic risks 'not that scary': Xi
Nov 09, 2014 (AFP)
The financial risks China faces are "not that scary", President Xi Jinping said Sunday as leaders of the world's second-largest economy look to transition from ...
China October manufacturing at tepid three-month high: HSBC
Nov 03, 2014 (AFP)
China's manufacturing growth picked up to a three-month high in October, a closely watched private survey confirmed Monday, but did little to counter a picture ...
Shanghai mayor pledges to speed up FTZ reform
Nov 02, 2014 (AFP)
Shanghai's mayor promised Sunday to speed up development of China's first free trade zone (FTZ) a year after it opened, as a chorus of foreign companies express...
China manufacturing growth slows in October: govt
Nov 01, 2014 (AFP)
Chinese manufacturing growth slowed in October, the government said Saturday, as the world's second-largest economy expands at its weakest pace in five years. C...
Bank of Japan expands monetary easing plan as economy slows
Oct 31, 2014 (AFP)
The Bank of Japan ramped up its vast monetary easing programme Friday -- sending the yen plunging and stocks soaring -- in a surprise move aimed at reviving gro...
US economy clocks solid growth in third quarter
Oct 30, 2014 (AFP)
The US economy grew at a faster-than-expected 3.5 percent pace in the third quarter helped by stronger exports and defense spending, suggesting enough momentum ...
Japan factory output posts surprise jump but recovery unclear
Oct 29, 2014 (AFP)
Japan's September factory production posted its biggest rise in eight months, official data showed Wednesday, but the news failed to dispel doubts about the str...
China and 20 other countries sign MOU on regional bank
Oct 24, 2014 (AFP)
China and 20 other countries moved forward on Friday towards setting up an Asian infrastructure lender seen as a counterweight to Western-backed international d...
Firm in China's first bond default to be restructured
Oct 24, 2014 (AFP)
Creditors of the firm responsible for China's first domestic bond default have approved a restructuring plan in hopes of getting their money back, in an effecti...
APEC finance chiefs see 'downside risks' to global economy
Oct 22, 2014 (AFP)
The global economy is beset by increasing "downside risks", Asia-Pacific finance chiefs said Wednesday, a day after growth in China hit a five-year low. The mee...
Shaky Japanese economy hit by growing trade deficit
Oct 22, 2014 (AFP)
Japan's shaky economy was dealt another blow Wednesday, as official data showed a widening September trade deficit that puts the world's number-three economy on...
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