POLITICAL ECONOMY

News About The Global Economy

1,238 articles

China inflation slows to 3.0% in November: govt
Dec 09, 2013 (AFP)
Chinese inflation slowed to 3.0 percent in November to snap two months of acceleration in consumer prices, official figures showed Monday, well under the govern...
Japan revises down third-quarter economic growth
Dec 09, 2013 (AFP)
Japan's economic growth slowed markedly in July-September, revised data showed Monday, highlighting the challenges facing Tokyo's bid to fire up the world's thi...
Outside View: U.S. economy adds 203,000 jobs
Dec 06, 2013 (UPI)
The U.S. Labor Department reported the U.S. economy added 203,000 jobs in November, in line with the progress of recent months. Overall, the economy should be s...
Tokyo launches $53.8 bn stimulus package
Dec 05, 2013 (AFP)
Tokyo approved a spending package worth almost $54 billion on Thursday in a bid to offset a tax hike that comes into effect next year and which critics fear wil...
Bitcoin value slumps after China banks ban
Dec 05, 2013 (AFP)
The value of Bitcoins, the volatile virtual currency that has soared in recent months and made fortunes for some, plunged Thursday after China banned its banks ...
Spain's bankruptcy epidemic slays giants, dwarfs
Dec 04, 2013 (AFP)
Washing machines, fish fingers and football teams: not even household names are safe from a Spanish bankruptcy epidemic ravaging big and small businesses alike....
US aims lucky 'Year of the Horse' greenbacks at Chinese
Dec 03, 2013 (AFP)
The US Treasury is selling red "hong bao" envelopes with "lucky" dollars bearing auspicious serial numbers to mark the Chinese Year of the Horse next year. Exac...
Israeli hi-tech surfing wave of buyer interest
Dec 02, 2013 (AFP)
Israeli hi-tech has become the target of a buying frenzy, with startups sparking investment bids and a flurry of mergers and acquisitions unseen since the dotco...
China manufacturing activity eases in November: HSBC
Dec 02, 2013 (AFP)
Chinese manufacturing activity expanded at a slightly slower rate in November, supported mainly by domestic demand, banking giant HSBC said Monday. HSBC's purch...
China home price rises speed up in November: survey
Dec 01, 2013 (AFP)
Chinese home prices rose faster in November than in the previous month, an independent survey showed on Sunday, adding that authorities are likely to introduce ...
China property firms deny tax-shirking report
Nov 26, 2013 (AFP)
Several Chinese property developers on Tuesday denied a state media report accusing them of failing to pay land taxes, saying it was a "misunderstanding". State...
Walker's World: Europe buys time again
Nov 25, 2013 (UPI)
Claiming triumph in the Iran talks and swallowing disappointment in Ukraine, the eurozone has also chosen to duck its financial problems yet again. The meeting ...
China state TV targets property firms over unpaid taxes
Nov 25, 2013 (AFP)
Chinese property developers owe 3.8 trillion yuan ($623 billion) in taxes, the state broadcaster said, firing a shot across the bows of real estate firms amid a...
More than a million seek China government jobs
Nov 25, 2013 (AFP)
More than one million people took China's national civil service exam at the weekend in a modern version of an age-old rite, but faced huge odds against clinchi...
Ukraine risks financial meltdown after break with EU
Nov 22, 2013 (UPI)
Ukraine is risking a financial crisis of monumental scale by ditching the EU as it faces a cash crunch before imminent debt repayments, analysts said Friday. Uk...
EU disciplines members over bloated budget deficits
Nov 15, 2013 (UPI)
EU leadership has begun disciplining member countries over bloated budgets before the nations' politicians have the chance to present the data to their own nati...
China Communist Party vows to deepen reforms at key meeting
Nov 12, 2013 (AFP)
China's Communist Party promised to deepen economic reforms to give the market a "decisive" role in allocating resources, state media reported Tuesday at the en...
China to allow more private investment in state firms: report
Nov 11, 2013 (AFP)
China will open its state-owned firms to greater investment by private companies, a state-run newspaper reported Monday, as media raise expectations over a top ...
Walker's World: Are the Germans right?
Nov 11, 2013 (UPI)
The European economy used to be very simple. The Germans manufactured excellent goods, exported them to its European partners and piled up annual trade surpluse...
China leaders start key economic 'reform' summit
Nov 09, 2013 (AFP)
China's ruling Communist Party began a key meeting Saturday to dictate the direction of the world's second-biggest economy for the next decade. The official Xin...
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