POLITICAL ECONOMY

News About The Global Economy

1,238 articles

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...
China denies row to blame as May foreign investment down 6.7%
Jun 17, 2014 (AFP)
Foreign direct investment into China fell 6.7 percent year-on-year to $8.6 billion in May, the government said Tuesday, denying that a row with Vietnam was behi...
New world economic order a goal at G77+China summit
Jun 15, 2014 (AFP)
UN Secretary General Ban Ki-moon on Saturday opened a Group of 77 plus China summit in Bolivia, with developing countries calling for a more fair new world econ...
China seeks spending fix as economy wobbles
Jun 15, 2014 (AFP)
China is unlikely to resort to the kind of spending splurge that saw it through the 2008 financial crisis to deal with its slowing economy, analysts say, but re...
China's bank lending grows in May from April
Jun 12, 2014 (AFP)
China's bank lending rose in May from the previous month, the central bank said Thursday, as the government activates a "mini-stimulus" to spur economic growth....
China inflation hits four-month high in May: govt
Jun 10, 2014 (AFP)
China's annual inflation rose sharply in May to its highest level in four months, official data showed Tuesday, easing concerns about deflationary risks in the ...
Japan's Q1 growth fastest in more than two years
Jun 09, 2014 (AFP)
Japan's economic growth in the first three months of 2014 hit its fastest pace in more than two years, data showed Monday, while analysts said a pick-up in cons...
China manufacturing up in May: government
Jun 01, 2014 (AFP)
China's manufacturing activity strengthened to a five-month high in May, the government said Sunday, an optimistic sign amid slumping growth in the world's seco...
Tiny elite huge proletariat: UK middle class to disappear in 30 years
Jun 01, 2014 (Voice of Russia)
High property prices will wipe out the British middle class within the next 30 years, according to a UK government advisor. He says society will be left with a ...
China house prices post first fall in 23 months: survey
May 31, 2014 (AFP)
Home prices in major Chinese cities posted their first monthly decline in nearly two years in May, an independent survey showed Saturday, providing new evidence...
Sales tax hike dents Japanese economy
May 30, 2014 (AFP)
Japan's nascent economic recovery stumbled in April with data Friday showing last month's sales tax rise punctured household spending, as the IMF called on Toky...
European firms spooked by slowing China growth: survey
May 29, 2014 (AFP)
European businesses fear the "good times are over" in China, a survey showed Thursday, citing the country's slowing economic growth, rising labour costs, fallin...
China manufacturing index hits five-month high: HSBC
May 22, 2014 (AFP)
An index of Chinese manufacturing activity saw a sharp improvement in May, hitting a five-month high, HSBC said Tuesday, but still showed contraction and the ba...
China bad loans jump as growth slows
May 16, 2014 (AFP)
China's bad loans increased sharply in the first three months of the year, official data showed, with analysts saying Friday the total was at its highest in alm...
India's Modi vows to fulfil 1.2 bn dreams after landslide win
May 16, 2014 (AFP)
Triumphant Hindu nationalist Narendra Modi promised to fulfil the dreams of 1.2 billion Indians as he propelled his party to a stunning electoral triumph Friday...
Japan Q1 growth accelerates on tax hike buying
May 15, 2014 (AFP)
Japan's first-quarter growth was the strongest in over two years, data showed Thursday, as the nation's cash registers rang up big sales ahead of a consumption ...
Japan banks warn of shrinking profits after strong year
May 14, 2014 (AFP)
Japan's top three banks on Wednesday posted bumper annual profits owing to a surging domestic stock market, but warned that their inflated bottom lines would sh...
China investment slows; shadow banking soars
May 13, 2014 (AFP)
China's fixed-asset investment, a main measure of government spending on infrastructure, rose at its slowest pace in more than 12 years in January-April, data s...
Chinese banks lend less in April: central bank
May 12, 2014 (AFP)
Chinese bank lending shrank in April from the previous month, the central bank said Monday, as the government tolerates weaker credit expansion despite the pote...
China trade volumes creep up in April: Customs
May 08, 2014 (AFP)
China's exports and imports rose marginally in April, official data showed Thursday, rebounding from sharp declines in March, but analysts saw a mixed outlook w...
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