POLITICAL ECONOMY

News About The Global Economy

1,238 articles

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 ...
As China growth flags, analysts weigh alternative indicators
Oct 04, 2015 (AFP)
As once-stellar growth rates start to dip, watchers of China's mammoth economy worry that it could be worse than it looks because the official figures might not...
China manufacturing continues to shrink: official data
Oct 01, 2015 (AFP)
Chinese manufacturing shrank for a second straight month in September, according to official data released Thursday, showing the headwinds blighting the world's...
Japan factory output shrinks again in August on China slowdown
Sep 30, 2015 (AFP)
Japanese factory production fell unexpectedly for a second month in August, data showed Wednesday as a slowdown in China and weak domestic spending hit Prime Mi...
Americans shift away from traditional jobs: study
Sep 29, 2015 (AFP)
More than 42 million Americans are part of the independent workforce, representing a shift away from traditional jobs as more people join sectors such as the "o...
China caps overseas cash withdrawals amid capital flight fears
Sep 29, 2015 (AFP)
China will set an annual cap on cash withdrawals overseas using domestic bank cards, state media said Tuesday, as fears over capital outflows in the world's sec...
China industrial profits fall at sharpest rate in four years
Sep 28, 2015 (AFP)
Profits at China's major industrial companies saw their biggest declines in four years last month, official data showed Monday, the latest sign of weakness in t...
China says to cooperate with US on graft, money laundering
Sep 26, 2015 (AFP)
China and the United States have agreed to step up cooperation in fighting corruption, money laundering and terrorist financing, the Chinese foreign ministry sa...
China's Xi confident of 'healthy' economic growth
Sep 25, 2015 (AFP)
Chinese President Xi Jinping said Friday he was confident that his country would post "healthy" growth in the future, amid international worries about a slowdow...
China factories slow again: survey
Sep 23, 2015 (AFP)
Chinese factory activity shrank at its fastest pace in six and a half years in September, data showed Wednesday, the latest in a litany of bad news undermining ...
ADB revises down regional growth as China and India slow
Sep 22, 2015 (AFP)
Weaker growth in China this year is expected to cause a slowdown in the rest of Asia, the Asian Development Bank said Tuesday as it became the latest major body...
China premier urges state sector reform
Sep 20, 2015 (AFP)
Chinese Premier Li Keqiang urged reforms Sunday of inefficient state-owned enterprises as his government tries to restore confidence in its slowing economy, sta...
Goldman Sachs chief 'would not invest in China'
Sep 17, 2015 (AFP)
The chairman of investment banking giant Goldman Sachs has slammed China's handling of its economy, adding he would not currently invest in the country, the Wal...
Hopes for shopping revolution as malls sprout in Iran
Sep 17, 2015 (AFP)
The traditional bazaar has long been the place to shop in Iran but despite years of sanctions a new generation has discovered a vastly different consumer experi...
China heavy machine maker default looms as growth slows
Sep 16, 2015 (AFP)
A unit of China's biggest state-owned machinery company may be unable to make interest payments on a bond, it said, as slowing growth heightens default risks am...
Asia's millionaires to become world's richest: report
Sep 16, 2015 (AFP)
Asia Pacific millionaires are set to become the world's richest next year, a report said Wednesday, driven largely by wealthy individuals in India and China. Th...
China grapples with risk of economic hard landing
Sep 13, 2015 (AFP)
When Chinese Premier Li Keqiang sought to reassure business leaders that the world's second-largest economy can avoid a hard landing, he acknowledged mounting f...
India escapes the worst of emerging markets misery
Sep 13, 2015 (AFP)
Three years ago India was the weakling of the emerging markets clan, politically stagnant and struggling to grow -- but as gloom engulfs other developing econom...
Bank of Russia keeps key rate unchanged
Sep 11, 2015 (UPI)
The Bank of Russia said Friday it would keep key interest rates unchanged, but said future momentum may depend on global energy prices. The bank's Board of Dire...
China loosens bank lending requirements
Sep 11, 2015 (AFP)
China on Friday loosened the means for calculating the reserve requirement ratios of banks, the state news agency Xinhua reported, effectively increasing the am...
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