POLITICAL ECONOMY

News About The Global Economy

1,238 articles

Hong Kong property moguls on trial in huge graft case
May 07, 2014 (AFP)
Billionaire Hong Kong property tycoons Thomas and Raymond Kwok will go on trial Thursday in a blockbuster corruption case that analysts say could lift the lid o...
China hikes state firms' dividend payments
May 06, 2014 (AFP)
China has increased the dividends that state firms must pay to the government by five percentage points, it said Tuesday, implementing an economic reform origin...
Owning a home still beats renting
May 05, 2014 (UPI)
Whether to rent or buy a home is one of the toughest choices young people face these days. A recent Deutsche Bank study compared renting vs. the cost of owning ...
Chinese underwhelmed by 'world's No. 1 economy' data
May 01, 2014 (AFP)
China may be poised to overtake the United States as the world's top economy sooner than expected, according to one measure, but some underwhelmed Chinese would...
Fujitsu swings back into the black
Apr 30, 2014 (AFP)
Japan's Fujitsu said Wednesday it swung back into the black, posting an annual net profit after aggressive cost-cutting and stronger demand at home for its comp...
US economy slows to a near-stall in first quarter
Apr 30, 2014 (AFP)
The US economy ground almost to a halt in the first three months of the year amid severe winter weather, official data showed Wednesday. Gross domestic product ...
China house price increases slow in April: survey
Apr 30, 2014 (AFP)
Price rises for new homes in China slowed in April for the fourth straight month, an independent survey showed Wednesday, even as costs in some of the country's...
China poised to overtake US economy: World Bank ranking
Apr 30, 2014 (AFP)
China is advancing rapidly to overtake the United States as the biggest economy in the world, new data shows, with the leader of the world economy since the 19t...
Portugal to decide on bailout exit before EU meeting
Apr 29, 2014 (AFP)
Portugal will decide on how it will exit its 78-billion-euro ($108 billion) bailout programme before a meeting of euro zone finance ministers in Brussels on Mon...
Adjustments of Hong Kong property prices necessary: IMF
Apr 28, 2014 (AFP)
The International Monetary Fund said Monday Hong Kong property prices are set to see adjustments following years of boom. The city's housing market has become o...
Caterpillar reports higher profits, warns of China, Ukraine risks
Apr 24, 2014 (AFP)
Industrial giant Caterpillar reported higher earnings and boosted its 2014 profit forecast on Thursday, but warned China's economic transition and the Ukraine c...
Bitcoin exchange MtGox to start liquidation process
Apr 24, 2014 (AFP)
Failed Bitcoin exchange MtGox, whose spectacular collapse hammered the digital currency's reputation, is to be liquidated after a Japanese court on Thursday ord...
China manufacturing improves slightly; Beijing to open up private investment
Apr 23, 2014 (AFP)
Chinese manufacturing activity improved slightly in April as domestic demand showed "mild improvement", HSBC said Wednesday, but it warned the world's second-la...
Cyber risks can cause disruption on scale of 2008 crisis: study
Apr 22, 2014 (AFP)
Organisations must dramatically improve their response to cyber risks to avoid a new global shock on the scale of the financial crisis that rocked the world in ...
China cuts reserve requirements for rural banks
Apr 22, 2014 (AFP)
China will cut the amount of funds rural banks must keep in reserve by up to two percentage points, the central bank said Tuesday, easing monetary policy in a b...
China sacks state firm head amid corruption allegations
Apr 19, 2014 (AFP)
China on Saturday announced the removal of the head of one its major state-owned firms, conglomerate China Resources, for suspected law violations, state media ...
China's economy slows sharply in first quarter
Apr 16, 2014 (AFP)
China's GDP grew at its weakest pace for 18 months in the March quarter, data showed Wednesday, testing Beijing's resolve as its campaign to transform the world...
Bitcoin exchange MtGox in administration, bankruptcy eyed
Apr 16, 2014 (AFP)
A Japanese court Wednesday placed failed Bitcoin exchange MtGox in administration, with an order for bankruptcy expected to be issued soon, its administrator an...
Google takes hit on growth disappointment
Apr 16, 2014 (AFP)
Google lost some of its luster Wednesday as quarterly results failed to meet lofty Wall Street expectations, sending its shares down sharply. The California tec...
China inflation jumps to 2.4% year-on-year in March
Apr 11, 2014 (AFP)
Chinese inflation accelerated to 2.4 percent year-on-year in March driven by higher food prices, official data showed Friday, though economists warned there was...
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