POLITICAL ECONOMY

News About The Global Economy

1,238 articles

China house price fall accelerates in July: survey
Aug 01, 2014 (AFP)
China's decline in property prices accelerated in July, an independent survey showed, adding to concerns over the sector, a key component of the world's second-...
Profits shrink at Japan's 'megabanks'
Jul 31, 2014 (AFP)
Japan's top three banks on Thursday posted lower quarterly profits as the impact of last year's stock market surge faded. Mitsubishi UFJ, the country's biggest ...
Japan factory output logs sharpest drop since tsunami disaster
Jul 30, 2014 (AFP)
Japan's factory output in June logged its sharpest fall since the 2011 earthquake-tsunami disaster, hit largely by drops in cars and industrial machine producti...
Economic patriotism and U.S. corporate tax inversion
Jul 25, 2014 (UPI)
The recent mainstream media coverage of the potential relocation of American drugstore retail giant Walgreens to Europe, in order to pay corporate taxes at a lo...
China approves three private banks: regulator
Jul 25, 2014 (AFP)
China has approved the setting up of three private banks, including one by Internet giant Tencent, the industry regulator said Friday, in a long-awaited economi...
China avoids second corporate bond default: report
Jul 24, 2014 (AFP)
A construction firm narrowly avoided becoming the second company in China's modern financial history to default on a corporate bond after a last-minute rescue b...
Angry Bitcoin investors demand answers at Tokyo creditors' meet
Jul 23, 2014 (AFP)
Bitcoin investors voiced anger Wednesday after the first creditors' meeting for failed Tokyo trading exchange MtGox, whose spectacular collapse hammered the dig...
China Jan-June FDI rises 2.2%
Jul 15, 2014 (AFP)
Foreign direct investment (FDI) into China rose 2.2 percent to $63.33 billion during the first six months of this year, the government announced Tuesday. For th...
China Q2 growth mired at 7.4% on-year: AFP survey
Jul 14, 2014 (AFP)
Chinese growth failed to accelerate in the second quarter despite government stimulus measures, an AFP survey predicts, with the world's second-largest economy ...
China detains prominent financial TV anchor: reports
Jul 13, 2014 (AFP)
Chinese authorities have detained a prominent financial news anchor for state broadcaster China Central Television (CCTV), according to media reports, in what a...
China bank denies state TV claims of 'dirty money' transfers
Jul 10, 2014 (AFP)
The Bank of China (BOC) has denied accusations by state television that it helped clients evade limits on money transfers overseas, in a rare attack by the gove...
China inflation slows to 2.3% in June: govt
Jul 09, 2014 (AFP)
Chinese inflation slowed to 2.3 percent in June from a four-month high of 2.5 percent in May, official data showed Wednesday, giving authorities further room to...
Turkey economy risks choppy waters under Erdogan presidency
Jul 06, 2014 (AFP)
Prime Minister Recep Tayyip Erdogan appears all but assured of winning upcoming Turkish presidential polls, but he could find himself in charge of a far more fr...
China sets yuan clearing bank in Seoul
Jul 04, 2014 (AFP)
China designated a clearing bank in Seoul for yuan transactions in South Korea on Friday, coinciding with a visit by President Xi Jinping, as Beijing promotes g...
China manufacturing growth pick up in June: govt
Jul 01, 2014 (AFP)
Chinese manufacturing activity expanded at its fastest pace this year in June, an official survey showed Tuesday, in a sign that Beijing's attempts to tackle sl...
China housing prices fall for second month: survey
Jun 30, 2014 (AFP)
Housing prices in major Chinese cities fell for a second consecutive month in June, an independent survey showed Monday, providing more evidence of a deflating ...
Former top China official charged with bribery
Jun 23, 2014 (AFP)
China's wide-ranging crackdown on corruption has snared its highest-ranking official so far, a former senior economic planning officer who will face criminal ch...
Bank of China approved for yuan clearing in Frankfurt
Jun 19, 2014 (AFP)
China's central bank has approved Bank of China, one of the country's major financial institutions, as the clearing bank for yuan transactions in Germany's fina...
China's shipping veto changes world competition landscape
Jun 19, 2014 (AFP)
China's veto of an alliance between major Western shipping firms shows its growing heft now extends to crucial global competition regulation -- and analysts say...
China group used same metal stocks to borrow $2.5 bn: report
Jun 18, 2014 (AFP)
A Chinese mining group allegedly used the same commodity stocks as collateral for loans of more than $2.5 billion from different banks, state-run media reported...
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