POLITICAL ECONOMY

News About The Global Economy

1,238 articles

Team Obama marks crisis anniversary with bid for credit
Sep 16, 2013 (AFP)
The White House on Sunday marked the fifth anniversary of the financial crisis with a new bid to claim credit for "bold" emergency economic rescue measures it s...
World Bank chief says China to meet 7.5% growth target
Sep 15, 2013 (AFP)
China is likely to achieve its growth target of 7.5 percent this year despite planned structural reforms to rebalance the world's second largest economy, the Wo...
Bubble trouble hits Hong Kong jade sales
Sep 15, 2013 (AFP)
Prized as a magical imperial stone, jade is a status symbol of the super rich in Asia, but rocketing prices in the top-end of the market have left traders in Ho...
China free-trade zone spurs hope for reform revival
Sep 13, 2013 (AFP)
A planned free-trade zone in Shanghai is raising hopes that China's new leaders will revive long-stalled economic reforms as they seek to make their mark. China...
Slovenia next in line for eurozone bailout?
Sep 13, 2013 (UPI)
The eurozone faces more challenges in crisis-hit Greece and Spain and may have to bail out Slovenia next, officials say. Slovenia's emerging liquidity problems ...
China reforms likely to be slow and steady: analysts
Sep 12, 2013 (AFP)
Business executives and analysts on Thursday welcomed Chinese Premier Li Keqiang's pledges of reform in his inaugural speech at the World Economic Forum's "Summ...
China billionaires pass 300 as richest get richer
Sep 11, 2013 (AFP)
The number of dollar billionaires in mainland China has passed 300 for the first time, an annual ranking of wealth in the world's second-largest economy showed ...
US House to introduce stop-gap budget
Sep 11, 2013 (AFP)
A key US lawmaker introduced a stop-gap funding bill Wednesday to prevent an October 1 government shut-down, acknowledging there is not enough time to pass a ye...
China industrial output growth hits 17-month high
Sep 10, 2013 (AFP)
China's industrial production rose at its fastest in 17 months in August, authorities said Tuesday, the latest in a series of better-than-expected indicators po...
Walker's World: Did the G20 fail?
Sep 09, 2013 (UPI)
The Group of 20 summit in St. Petersburg, Russia, should have secured three achievements, which had been thoroughly discussed by officials in advance and which ...
China government bond futures higher on debut
Sep 06, 2013 (AFP)
Chinese government bond futures rose on their debut Friday as authorities lifted an 18-year ban on the product as part of efforts to speed up economic reforms. ...
Outside View: Part-time positions dominate U.S. jobs picture
Sep 05, 2013 (UPI)
Forecasters expect the U.S. Labor Department to report Friday that the U.S. economy added 175,000 jobs in August and the unemployment rate remained steady at 7....
OECD trims US, China outlook, warns on monetary policy
Sep 03, 2013 (AFP)
The OECD trimmed its growth forecasts for China and the United States on Tuesday, warning that lasting recovery is still not firmly on its feet despite a reboun...
China lowers 2012 GDP growth to 7.7% from 7.8%
Sep 02, 2013 (AFP)
China on Monday lowered its figure for economic growth for last year to 7.7 percent from 7.8 percent, the National Bureau of Statistics said, in an unexpected d...
India manufacturing hits over 4-year low as China rebounds
Sep 02, 2013 (AFP)
India's manufacturing shrank in August for the first time in over four years, dealing a fresh blow to efforts to boost a slumping currency, as rival China's fac...
Economic worry shifts to emerging markets at Russian G20
Sep 01, 2013 (AFP)
Long hailed as the hungry new tigers of the global economy, the world's biggest emerging markets will be the chief economic focus at the G20 summit in Russia th...
Outside View: GDP growth revised up but outlook remains treacherous
Aug 29, 2013 (UPI)
U.S. gross domestic product growth was revised up for the second quarter to 2.5 percent from 1.7 percent because the trade deficit was much smaller than origina...
Caution urged on European growth prospects
Aug 23, 2013 (UPI)
Markets buoyed by minuscule growth data from Europe were served cautionary advice by think tanks and analysts who remain skeptical of an early turn in troubled ...
US probe highlights hiring of Chinese 'princelings'
Aug 23, 2013 (AFP)
Foreign investment banks in China were taken by surprise by a US bribery probe into JPMorgan's hiring of Chinese "princelings" -- in part because the practice i...
FDI into China rises 7.09% in Jan-July: government
Aug 23, 2013 (AFP)
Foreign direct investment (FDI) into China grew 7.09 percent year-on-year in the first seven months of 2013, official data showed Friday, citing optimism toward...
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