POLITICAL ECONOMY

News About The Global Economy

1,238 articles

Moody's lowers outlook on China government bonds to negative
Mar 02, 2016 (AFP)
Ratings agency Moody's on Wednesday cut its outlook on China's sovereign bonds from stable to negative, warning of increasing government debt and further capita...
China tries charm to reassure over slowing growth
Mar 01, 2016 (AFP)
China's normally reclusive central bank chief Zhou Xiaochuan is an unusually prominent presence at the G20 finance ministers meeting in Shanghai, racing from se...
China manufacturing activity shrinks at fastest in 4 years: govt
Mar 01, 2016 (AFP)
Manufacturing activity in China shrank at its fastest rate in four years in February, government data showed Tuesday, a fresh sign of sustained weakness in the ...
China cuts reserve requirements in bid to boost economy
Feb 29, 2016 (AFP)
China's central bank on Monday cut the proportion of funds banks must set aside as reserves, in Beijing's latest attempt to tackle slowing growth in the world's...
G20 nations pledge all tools to lift growth
Feb 27, 2016 (AFP)
The world's 20 top economies will use all policy tools available to lift sluggish global growth, they said Saturday, despite German disquiet over fiscal and mon...
China central bank chief seeks to reassure on yuan, growth
Feb 26, 2016 (AFP)
There is no reason for China's yuan currency to keep falling and Beijing has more room to boost the world's second-largest economy, the governor of its central ...
G20 nations face slowing global growth in China meeting
Feb 25, 2016 (AFP)
G20 finance ministers gather in Shanghai from Friday with the global economy assailed on multiple fronts, from China's slowing growth to weak commodity prices, ...
Standard Chartered swings to $2.36 bn net loss in 2015
Feb 23, 2016 (AFP)
Asia-focused bank Standard Chartered said Tuesday it swung to a surprise $2.36 billion net loss in 2015 against a backdrop of global market volatility, restruct...
US to press G20 to do more for growth
Feb 22, 2016 (AFP)
Worried about global growth, the United States will press G20 powers to boost their economies when the group's finance chiefs meet in Shanghai this week, a seni...
China's industrial overcapacity damaging global economy: study
Feb 22, 2016 (AFP)
China's overcapacity in heavy industries is wreaking "far-reaching" damage on the global economy, with steel production "completely untethered" from market dema...
HSBC 2015 results disappoint amid 'seismic' economic shifts
Feb 22, 2016 (AFP)
Global banking giant HSBC on Monday reported a shock pre-tax loss in the last quarter of 2015 with results for the year missing analysts' expectations, as it gr...
China bank lending surges to record in January
Feb 16, 2016 (AFP)
China's bank lending surged to a record 2.51 trillion yuan ($385 billion) in January, official figures showed Tuesday, as credit gushed to help boost the flaggi...
HSBC bank stays in London, snubbing Hong Kong
Feb 15, 2016 (AFP)
Europe's largest bank HSBC informed the financial markets on Monday it would remain headquartered in Britain, rejecting a move to Hong Kong despite concerns abo...
'Coworking' grows amid search for new office lifestyle
Feb 14, 2016 (AFP)
When Lance Macon started his real estate consulting firm, he did not want a traditional office. But he wasn't going to work out of his home or a coffee shop eit...
Carbon reductions won't hinder Chinese growth
Feb 11, 2016 (SPX)
A new study co-authored by an MIT professor shows that China's new efforts to price carbon could lower the country's carbon dioxide emissions significantly with...
Peering into the abyss: China P2P investors face $7.6 bn losses
Feb 08, 2016 (AFP)
When Wang Dehong saw the female boss of a Chinese online lender interviewed on state television CCTV, promising both safety and high returns, the stay-at-home m...
Norway's massive wealth fund pulls out of 73 companies
Feb 04, 2016 (AFP)
Norway's huge sovereign wealth fund, the world's biggest, announced on Thursday it had sold out of 73 companies last year because their social or environmental ...
Eurozone growth forecast cut on China, migrant risks
Feb 04, 2016 (AFP)
The EU cut Thursday its eurozone growth forecasts for this year, warning that the slowdown in China and Europe's biggest migrant crisis since World War II could...
China sets 2016 growth target at 6.5-7%
Feb 03, 2016 (AFP)
China has set its growth target for this year at between 6.5 and 7 percent, the country's top economic planner said Wednesday, an acknowledgement that expansion...
China cuts downpayments on some home purchases
Feb 02, 2016 (AFP)
China will cut the minimum downpayment for some home purchases by five percentage points, the central bank said Tuesday, as it attempts to kick-start a sluggish...
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