POLITICAL ECONOMY

News About The Global Economy

1,238 articles

China manufacturing index slips in December: govt
Jan 01, 2014 (AFP)
China's manufacturing growth slowed in December for the first time in six months, official figures showed on Wednesday, suggesting the world's second-largest ec...
Hewlett-Packard says 5,000 more job cuts needed
Dec 31, 2013 (AFP)
Struggling US computer giant Hewlett-Packard plans to slash 5,000 more jobs than previously announced because of a difficult business environment, a regulatory ...
China home price rises speed up in December: survey
Dec 31, 2013 (AFP)
Increases in Chinese home prices accelerated further in December, an independent survey showed on Tuesday, while showing some signs of stabilisation as authorit...
Commentary: Wall Street Caligula
Dec 31, 2013 (UPI)
It is a brilliant movie and manna from heaven for the United States' enemies and assorted detractors round the globe. Never mind that "The Wolf On Wall Street" ...
China says local government debt soars
Dec 30, 2013 (AFP)
China on Monday announced the results of a long-awaited debt audit, revealing that liabilities carried by local governments ballooned to 17.9 trillion yuan ($2....
Obama signs defense, budget bills into law
Dec 26, 2013 (AFP)
President Barack Obama Thursday signed into law the compromise US budget bill recently negotiated by feuding lawmakers and a massive defense bill that takes a s...
Japan OKs record budget, sees deflation threat recede
Dec 24, 2013 (AFP)
Japan approved its biggest ever budget Tuesday, as an improving economy and a sales tax hike made room for more defence spending and the first step towards achi...
China interbank rates surge again despite cash injection
Dec 23, 2013 (AFP)
China's interbank interest rates surged again on Monday despite hefty cash injections last week by the central bank, suggesting money market stress remains as a...
Chinese billionaire feared dead in France helicopter crash
Dec 21, 2013 (AFP)
Four people were feared dead Saturday including a Chinese billionaire and his 12-year-old son after the helicopter in which he was overflying his newly purchase...
China cash injection fails to soothe markets
Dec 20, 2013 (AFP)
A rise in China's interbank interest rates on Friday showed that markets remain uneasy despite a cash injection by China's central bank, said dealers. The rates...
Chile's Bachelet faces big challenges on taxation, education reform
Dec 19, 2013 (UPI)
Michelle Bachelet, re-elected to a second term as Chilean president, faces major challenges seen likely to bring her into conflict with an entrenched and influe...
China outbound investment up 28.3% in 11 months
Dec 18, 2013 (AFP)
Chinese overseas investment rose to $80.2 billion in the first 11 months of 2013, the government announced Wednesday -- exceeding the entire total for last year...
Philippines sees high growth despite typhoon
Dec 17, 2013 (AFP)
The Philippine economy should grow 7.0 percent this year and between 6.5 and 7.5 percent next year despite the devastation caused by a killer typhoon and an ear...
Walker's World: Merkel -- Reigning or ruling?
Dec 16, 2013 (UPI)
Germany's new coalition government threatens to leave Chancellor Angela Merkel, Europe's dominant politician, reigning rather than ruling in her homeland after ...
China manufacturing growth slows in December: HSBC
Dec 16, 2013 (AFP)
China's manufacturing activity in December expanded at its slowest rate in three months, British banking giant HSBC said Monday. The bank's preliminary purchasi...
China's holding of US debt tops $1.3 trillion
Dec 16, 2013 (AFP)
China's holding of US debt surged past $1.3 trillion for the first time in October, worth nearly $1,000 per Chinese citizen, US Treasury figures showed Monday. ...
Millions of hidden share trades to be revealed
Dec 11, 2013 (SPX)
Millions of previously hidden US stock trades will be revealed for the first time on Monday 9 December thanks to research from a team of academics. Previously o...
China November industrial output up 10.0% on year
Dec 10, 2013 (AFP)
China's industrial output, which measures production at factories, workshops and mines, rose 10.0 percent in November year-on-year, the National Bureau of Stati...
China November industrial output growth slows to 10.0%
Dec 10, 2013 (AFP)
Growth in China's industrial production slowed in November but retail sales expanded at a faster pace, official figures showed Tuesday, painting a mixed picture...
Walker's World: That gloomy Summers
Dec 09, 2013 (UPI)
Larry Summers, one of the most gifted economists of his generation, at the last research conference of the International Monetary Fund tossed an intellectual ha...
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