POLITICAL ECONOMY - POLICY DAILY

German crisis imperils eurozone leadership

Feb 17, 2012 (UPI)

German Chancellor Angela Merkel faced a dual challenge Friday of keeping the lid firmly on domestic politics over President Christian Wulff's ignominious depart...

Security firms to be made more accountable

Feb 16, 2012 (UPI)

Support is growing for making security companies more accountable for securing government and private networks than they appear to be at present. Security firms...

China central banker backs euro, vows more support

Feb 15, 2012 (AFP)

China's top central banker Wednesday expressed confidence in the euro and pledged to continue buying European sovereign debt, as the Asian giant seeks to shore ...

Eurozone delays Greek bailout as China pledges support

Feb 15, 2012 (AFP)

The eurozone gave Greece a new ultimatum and delayed a decision on a debt rescue, but China expressed support for the euro pushing up stock markets on Wednesday...

China says ready to help solve EU debt crisis

Feb 14, 2012 (AFP)

China's Premier Wen Jiabao said Tuesday his country was ready to increase its participation in efforts to resolve Europe's debt crisis, after holding talks with...

China mulls extending local govt loans: report

Feb 14, 2012 (AFP)

China is considering allowing banks to roll over loans to local governments, giving them more time to repay massive debts from stimulus spending for the 2008 fi...

Outside View: New economic optimism

Feb 14, 2012 (UPI)

Optimism is afoot that U.S. economic activity and jobs creation are picking up from the anemic pace that so far has characterized the economic recovery. Reports...

Hong Kong falls behind on tax reform: analysts

Feb 13, 2012 (AFP)

Hong Kong's competitiveness as a regional centre for business and trade is under threat from the very thing often credited with its success -- its tax system, a...

Greece backs austerity measures, Athens counts cost

Feb 13, 2012 (AFP)

Global markets rose on Monday after Greek lawmakers approved radical budget cuts to secure fresh aid and avoid bankruptcy after a day of street battles left doz...

Myanmar MPs tackle first budget in decades

Feb 12, 2012 (AFP)

Myanmar's fledgling parliament is slaving over its first budget, a daunting task for the inexperienced body in a country where the army has long been used to di...

China says January lending down 28% from year ago

Feb 11, 2012 (AFP)

Chinese bank lending fell 28 percent in January from a year earlier, official data showed, suggesting Beijing is reluctant to open the credit valves too quickly...

China city offers housing subsidies to boost sales

Feb 10, 2012 (AFP)

An eastern Chinese city on Friday announced subsidies for apartment purchases in an effort to counter falling sales, despite central government measures to curb...

Hong Kong warns of labour shortage

Feb 10, 2012 (AFP)

The Hong Kong government pledged Friday to step up efforts to attract talented workers, after a study showed the Chinese territory is facing a labour shortage d...

China's January inflation jumps to three-month high

Feb 09, 2012 (AFP)

China's annual inflation rate hit 4.5 percent in January, the highest level in three months, data showed Thursday, after consumers splashed out on food and gift...

Honduras inching back to economic recovery

Feb 09, 2012 (UPI)

Honduras is inching back toward economic recovery and sees more international tourism as a way out of the crisis triggered by its June 2009 coup. Honduras depen...

Beijing office rents 'rise 75%' to top New York

Feb 08, 2012 (AFP)

Office rents in Beijing are more expensive than New York after rising 75 percent last year as China's rapid economic growth sparked strong demand, an internatio...

Walker's World: Germans and Greeks at bay

Feb 06, 2012 (UPI)

The mouse has roared. The third and smallest member of the Greek government coalition has rejected the latest terms for a $180 billion European bailout of its c...

Hong Kong steps in to curb strong currency

Oct 21, 2011 (AFP)

The Hong Kong Monetary Authority has sold $603 million worth of Hong Kong dollars in the foreign exchange market in an effort to curb the currency's rise, a rep...