POLITICAL ECONOMY

News About The Global Economy

1,238 articles

Microsoft delivers earnings surprise, stock rises
Jul 19, 2016 (AFP)
Microsoft said Tuesday it posted a profit of $3.1 billion in the just-ended quarter, swinging into the black a year after hefty charges from writing off mobile ...
China's second-quarter economic growth beats forecasts
Jul 15, 2016 (AFP)
China's economy expanded more than expected in the second quarter of the year, Beijing said Friday, fuelling hopes growth may be stabilising, but analysts warne...
Tech icons pan Trump as 'innovation disaster'
Jul 15, 2016 (AFP)
Tech icons branded presumptive Republican presidential nominee Donald Trump an "innovation disaster" on Thursday in an open letter signed by leaders of some of ...
G20 nations pledge to boost trade despite growing protectionism
Jul 10, 2016 (AFP)
The world's top 20 economies will work to boost sluggish global trade despite growing protectionism, overcapacity concerns, and uncertainty over Brexit, G20 tra...
China forex reserves rise unexpectedly in June
Jul 07, 2016 (AFP)
China's foreign exchange reserves unexpectedly increased by $13 billion last month, officials said Thursday, as pressure on its currency the yuan to depreciate ...
China changes GDP calculations again
Jul 05, 2016 (AFP)
China has altered its gross domestic product calculation method for the second time in less than a year, officials said Tuesday, amid doubts among overseas inve...
China manufacturing deteriorates sharply in June: Caixin
Jul 01, 2016 (AFP)
Activity in Chinese factories suffered its sharpest deterioration for four months in June, figures showed Friday, as weak demand and industrial overcapacity wei...
Global turmoil, drought and fish deaths slow Vietnam economy
Jun 29, 2016 (AFP)
Vietnam's economy slowed in the first half of 2016, official figures showed Wednesday, with a severe regional drought and a spate of fish deaths adding to losse...
Brexit heightens global uncertainty: China's Li
Jun 27, 2016 (AFP)
Britain's vote to leave the European Union has added new uncertainties to the global economy at a time when downward pressures on China are mounting, Premier Li...
Christo artwork a 'waste of public money': watchdog
Jun 25, 2016 (AFP)
An Italian consumer group said Saturday it suspected artist Christo's popular floating walkway on a lake had involved an unreasonable waste of public money. The...
China banks write off $300 billion in bad loans: official
Jun 23, 2016 (AFP)
Chinese banks have written off more than $300 billion of bad loans in the past three years, an official said Thursday as Beijing seeks to reassure investors tha...
China's total debt is more than double GDP: govt economist
Jun 16, 2016 (AFP)
China's total borrowings were more than double its gross domestic product (GDP) last year, a government economist said, warning that debt linkages between the s...
China bank lending rebounds strongly in May
Jun 15, 2016 (AFP)
China's bank lending rebounded strongly in May following a sharp fall in April, the central bank said Wednesday, as borrowers continued to take advantage of loo...
China economic outlook uncertain as vulnerabilities loom: IMF
Jun 14, 2016 (AFP)
China's economic outlook is uncertain with corporate debt and an opaque financial sector contributing to looming vulnerabilities, an International Monetary Fund...
Billionaire Investors Back A Gold Price Rally In 2016
Jun 14, 2016 (SPX)
It wasn't so long ago that some of the more famous investor gurus were shrugging off gold as nothing more than shiny trinkets with no investment value. They wer...
China's investment growth slows, bucking signs of stabilisation
Jun 13, 2016 (AFP)
China's fixed asset investment, an important gauge of infrastructure spending, slowed to its weakest pace in 16 years, government statistics showed Monday, a wo...
Brexit 'disastrous' for EU global role: analysts
Jun 12, 2016 (AFP)
Britain leaving the European Union would strip the bloc of a nuclear-armed global player and prove "disastrous" for its presence on the world stage, analysts sa...
China consumer inflation rises in May: govt
Jun 09, 2016 (AFP)
Deflationary pressures in Chinese industry eased in May while consumer inflation remained relatively steady, official data showed Thursday, leaving authorities ...
Fall in Chinese factory gate prices eases again in May
Jun 09, 2016 (AFP)
The fall in producer prices eased further in May, data showed Thursday, fuelling hopes a slowdown in the world's number two economy is bottoming while stabilisi...
China forex reserves fall to lowest level since 2011
Jun 07, 2016 (AFP)
China's foreign exchange reserves fell to $3.19 trillion in May, the central bank said Tuesday, marking the lowest level since 2011 because of weakness in the y...
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