POLITICAL ECONOMY - SINO DAILY

China manufacturing rebounds in August: HSBC

Aug 22, 2013 (AFP)

Chinese manufacturing activity expanded for the first time in four months in August, according to a closely watched indicator Thursday, pointing to renewed stre...

Eurozone faces slow, tortuous recovery: Moody's report

Aug 16, 2013 (UPI)

Europe's 17-nation eurozone faces a longer road to recovery than originally anticipated with little guarantee that when it comes an economic regeneration will r...

Lies, damn lies, and China's economic statistics

Aug 15, 2013 (AFP)

China has soared almost to the top of the world's economic league tables, but whether the official data underpinning its status can be trusted is a constant hea...

Cisco to cut 4,000 jobs

Aug 14, 2013 (AFP)

Information technology giant Cisco announced Wednesday that it will cut 4,000 jobs, equal to five percent of its workforce. Cisco executives said the cuts were ...

N. Korea unveils 'secure, homemade' smartphone

Aug 13, 2013 (AFP)

North Korea, one of the most isolated and censored societies on the planet, has unveiled what it says is a domestically-produced smartphone. Industry analysts s...

Fall in China loans in July: central bank

Aug 09, 2013 (AFP)

Chinese banks granted fewer loans in July than the previous month, data released by the central bank showed Friday, in the aftermath of a liquidity crunch that ...

China annual inflation steady at 2.7% in July: govt

Aug 09, 2013 (AFP)

Chinese inflation held steady at 2.7 percent year-on-year in July, official data showed Friday, potentially giving the authorities some leeway for economic stim...

China industrial output growth jumps to five-month high

Aug 09, 2013 (AFP)

Growth in China's key industrial production accelerated to a five-month high in July, the government said Friday, providing optimistic pointers for the world's ...

Rich economies on growth track, China slows: OECD

Aug 08, 2013 (AFP)

Leading developed economies are still on a track towards growth, but among emerging economies China is showing increasing signs of slowing down, the OECD said o...

Japan pledges huge budget cuts

Aug 08, 2013 (AFP)

Japan on Thursday pledged to cut a whopping $83 billion out of its budget over two years as it works to bring down the industrialised world's biggest debt mount...

Outside View: All-American Agenda II: A financially realistic defense

Aug 07, 2013 (UPI)

Perhaps the best thing that happened to the United States last week was Congress abandoning Washington for a 5-week break deferring all the major issues and pro...

Walker's World: Reforming the tax system

Aug 05, 2013 (UPI)

Any suggestion that the United States is a heavily taxed country flies in face of the historical evidence. Federal income and corporate taxes are lower than at ...

Outside View: Obama, GOP make no sense on taxes and spending

Aug 05, 2013 (UPI)

Republicans are from Venus and U.S. President Barack Obama is from Mars. Nothing better demonstrates this than their stances on taxes, spending and jobs. Obama ...

Asian manufacturing weakness deepens: Surveys

Aug 01, 2013 (AFP)

Asia's manufacturing sector weakened in July, private surveys showed Thursday, with China's showing a deepening contraction amid nagging worries over the growth...

China manufacturing indices send mixed messages

Aug 01, 2013 (AFP)

Rival surveys of China's manufacturing sector offered mixed signals about the world's second-largest economy Thursday, with a private measure sinking to an 11-m...

China's central bank injects $2.8 bn to add liquidity

Jul 30, 2013 (AFP)

China's central bank said it had injected 17 billion yuan ($2.8 billion) into the domestic banking system on Tuesday after a liquidity squeeze rocked financial ...

China to maintain steady growth in second half: govt

Jul 30, 2013 (AFP)

China's economy will continue to grow at a steady rate during the second half of this year despite "extremely complicated domestic and international conditions"...

Walker's World: Brexit or Grexit

Jul 29, 2013 (UPI)

For the past two years, Europe has been gripped by the prospect of Grexit, a forced withdrawal by an impoverished Greece from the euro currency. Maybe Europe wa...

China orders firms to cut capacity as economy slows

Jul 26, 2013 (AFP)

China has ordered companies in 19 sectors including cement and steel to slash production capacity as growth in the world's second largest economy slows. Beijing...

Outside View: Obama jobs campaign: Politics as usual

Jul 26, 2013 (UPI)

U.S. President Barack Obama is on the campaign trail to sell his economic program directly to voters -- over the head of a reluctant U.S. Congress. He says it's...