POLITICAL ECONOMY

News About The Global Economy

1,238 articles

Property and credit booms stablise China growth
Oct 19, 2016 (AFP)
Chinese growth stabilised in the third quarter, data showed Wednesday, as ample credit and hot property markets propped up the world's second-largest economy. B...
China new bank loans surge in September
Oct 18, 2016 (AFP)
New loans by Chinese banks in September surged nearly 30 percent from the previous month, official data showed Tuesday, deepening concern about risky credit exp...
China data and US banks propel equities higher
Oct 14, 2016 (AFP)
Global stocks rose Friday on upbeat Chinese data and solid earnings by US banks, with London's benchmark index headed back towards its record-high level. Gains ...
China's ranks of super-rich rise despite economic slowdown
Oct 13, 2016 (AFP)
More Chinese joined the ranks of the super-rich this year, a survey showed Thursday, bringing the total to an all-time high despite dragging growth in the world...
Asia markets hit by US rate talk, Samsung losses mount
Oct 12, 2016 (AFP)
Asian markets retreated Wednesday on fears about an expected US interest rate rise this year, while the pound recovered after suffering a series of losses fuell...
No debt-for-equity cure for zombie firms, says China
Oct 11, 2016 (AFP)
China's undead army of zombie corporations will not qualify for debt-for-equity swaps, the government said, as Beijing tries to curb the risks of ballooning cor...
China's forex reserves fall to 5-year low in September
Oct 08, 2016 (AFP)
China's mountain of foreign exchange reserves dropped around $19 billion in September to a five-year low, government data showed, with the central bank spending...
IMF warns over China's 'dangerous' debt load
Oct 04, 2016 (AFP)
China's dependence on debt is growing at a "dangerous pace" and it must act to head off a brewing crisis in the world's second largest economy, the IMF warned T...
Contemporary art market slows as Chinese buyers switch focus
Oct 03, 2016 (AFP)
Global contemporary art sales slowed by a quarter in the year to July 2016 as demand in China dried up, according to leading index Artprice. Turnover was $1.5 b...
China manufacturing continues rebound in September
Oct 01, 2016 (AFP)
Manufacturing activity in China continued its rebound in September on improving production and demand, government data showed Saturday -- a positive sign for th...
China property tycoon warns on real estate bubble
Sep 29, 2016 (AFP)
China's richest man, real estate magnate Wang Jianlin, has warned the country's property market is the "biggest bubble in history" -- the latest alarm bell to b...
China's PSBC makes tepid debut on Hong Kong bourse
Sep 28, 2016 (AFP)
Postal Savings Bank of China (PSBC) made a low-key debut on the Hong Kong bourse Wednesday, despite notching up the world's biggest IPO in two years aimed at ex...
Asia growth holds stable thanks to China and India: ADB
Sep 27, 2016 (AFP)
The Asian Development Bank said Tuesday that growth across the region was holding stable despite global headwinds, with resilience in China and India keeping it...
China to allow credit default swaps
Sep 24, 2016 (AFP)
China has given the green light to controversial credit default swap trading for the first time, signalling that Beijing is willing to let indebted companies fa...
China foreign expenditure tops inward investment
Sep 22, 2016 (AFP)
China invested more money abroad last year than foreign firms piled into the country, data showed Thursday, a first for the world's second largest economy as Be...
China facing possible debt crisis: bank watchdog
Sep 19, 2016 (AFP)
China's banking sector could be facing an imminent debt crisis, a global central bank watchdog has warned, fuelling fresh fears of a blowout in the world's seco...
China new bank loans more than double in August
Sep 14, 2016 (AFP)
Lending by Chinese banks more than doubled month-on-month in August, reversing from a sharp fall in July, the central bank said Wednesday, another sign of stabi...
China says industrial output, retail sales rise in Aug
Sep 13, 2016 (AFP)
China's industrial output and retail sales growth accelerated in August, government statistics showed Tuesday, with both of them exceeding expectations in encou...
China bank PSBC launches $8.1 bn IPO: reports
Sep 13, 2016 (AFP)
Postal Savings Bank of China (PSBC) launched an initial public offering in Hong Kong worth $8.1 billion on Tuesday, reports said, in what is expected to be the ...
Europe's Apple tax grab to spur US reforms: Lew
Sep 12, 2016 (AFP)
Europe's order for Apple to pay 13 billion euros ($14.6 billion) in back taxes could provoke US tax reforms and a significant break for firms repatriating offsh...
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