POLITICAL ECONOMY

News About The Global Economy

1,238 articles

China's richest man says firm had ties to Xi's family
Oct 30, 2015 (AFP)
Chinese President Xi Jinping's brother-in-law owned shares in a firm controlled by the country's richest man Wang Jianlin, the businessman confirmed after alleg...
Samsung unveils $10bn share buyback with Q3 profit surge
Oct 29, 2015 (AFP)
South Korea's Samsung Electronics pulled out of an extended earnings dive Thursday, reporting a nearly 30 percent surge in third-quarter net profit and announci...
End of China's one-child policy unlikely to boost economy: analysts
Oct 29, 2015 (AFP)
China abandoned its decades-old one-child policy Thursday to confront a looming slump in the economy's workforce that it is probably powerless to prevent, analy...
Fed rate call could burst Hong Kong housing bubble
Oct 28, 2015 (AFP)
Buoyed by record-low borrowing costs, a Hong Kong housing boom has seen prices more than double in six years, making it one of the world's most expensive proper...
China leaders meet for five-year plan amid calls for reform
Oct 26, 2015 (AFP)
China's Communist leaders gathered Monday to plan the country's course for the next five years, official media reported, confronting an economic malaise that ha...
German economy shrugs off China worries, VW scandal
Oct 26, 2015 (AFP)
German businesses are confident about the outlook for Europe's biggest economy, despite China's slowdown and the Volkswagen scandal, a top survey showed Monday,...
Growth v reform debate for China's new plan
Oct 25, 2015 (AFP)
China's leaders gather Monday to hash out a new Five Year Plan to battle slowing growth, and analysts say they must choose between chasing a traditional GDP tar...
China's Xi promises no 'hard landing' for economy
Oct 21, 2015 (AFP)
Chinese President Xi Jinping promised "no hard landing" for the world's second largest economy despite its slowdown, during a state visit to Britain focused bol...
China economic growth hits lowest since financial crisis
Oct 19, 2015 (AFP)
China's economy logged its worst performance since the global financial crisis, official figures showed Monday, with analysts warning it is likely to worsen and...
China billionaires overtake US: survey
Oct 15, 2015 (AFP)
The number of billionaires in China has overtaken that of the United States for the first time, an annual survey said Thursday, calling it a "turning point" for...
Angry Chinese investor stabs asset management firm CEO
Oct 14, 2015 (AFP)
An angry Chinese investor stabbed the chief executive of a troubled asset management company into which he had poured hundreds of thousands of yuan, reports sai...
Chinese middle class now the world's largest
Oct 13, 2015 (AFP)
China's middle class has overtaken the United States to become the world's largest, Credit Suisse said Tuesday in its latest report on global wealth. Asia will ...
China to set new plan for troubled economy
Oct 12, 2015 (AFP)
China's Communist rulers will gather later this month, state media said Monday, to set a course for the world's second-largest economy over the next five years,...
China must show 'will' to reform economy: US
Oct 09, 2015 (AFP)
China needs to show the world it is going to follow through on reforming its economy to a more market and consumption-based model, US Treasury Secretary Jack Le...
Growth, climate in focus as world economic leaders meet
Oct 08, 2015 (AFP)
The search for the billions of dollars still needed to fight climate change topped the agenda Thursday as world economic leaders met seeking to kick-start growt...
China brushes off IMF warning on 'unprecedented' challenges
Oct 07, 2015 (AFP)
The IMF cautioned Wednesday that China faces unprecedented challenges modernizing its economy, carrying risks for the whole world, but a Chinese official brushe...
China faces 'unprecedented' economic policy challenge: IMF
Oct 07, 2015 (AFP)
China confronts a monumental and risk-fraught task as it moves toward a more market- and consumption-based economic model, the International Monetary Fund said ...
World economic leaders tackle slow growth, climate change
Oct 07, 2015 (AFP)
Kick-starting the sluggish global economy and funding the climate-change fight top the agenda this week as finance ministers and central bank chiefs from around...
IMF gloomy on world economy as China slows
Oct 06, 2015 (AFP)
The International Monetary Fund cut its growth forecasts for the world economy Tuesday, warning of increasing risks from the slowdown in China, which is draggin...
World Bank trims Asia forecast but says no China hard landing
Oct 05, 2015 (AFP)
The World Bank on Monday cut its growth forecasts for developing economies in East Asia and the Pacific but allayed fears of a hard landing for China's slowing ...
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