POLITICAL ECONOMY

News About The Global Economy

1,238 articles

China industrial output slightly weaker in May
Jun 09, 2013 (AFP)
China's industrial output expanded at a slightly slower pace in May while big ticket investment growth eased, the government announced Sunday, the latest signs ...
Outside View: Economy adds 175,000 jobs in May but trouble ahead
Jun 07, 2013 (UPI)
The U.S. Labor Department announced Friday the U.S. economy added 175,000 jobs in May but that is hardly the 360,000 jobs needed each month to bring unemploymen...
Outside View: Sub-par U.S. jobs growth expected
Jun 06, 2013 (UPI)
Forecasters expect the U.S. Labor Department on Friday will report the U.S. economy added 167,000 jobs in May. This is in line with the pace of recent months bu...
China's home prices pick up in May: survey
Jun 03, 2013 (AFP)
Home prices in major Chinese cities continued to rise year-on-year for the sixth consecutive month in May, an independent survey showed Monday. The average cost...
US studying risk from online payment providers: Fed
Jun 03, 2013 (AFP)
The United States is studying the potential risk from online payment mechanisms like PayPal and Bitcoin, a top US Federal Reserve official told an international...
Japan factory output jumps but deflation remains
May 31, 2013 (AFP)
Japanese factories churned out a better-than-expected performance in April, but the upbeat data Friday was tempered as the export powerhouse remained mired in d...
EU business optimism in China at all-time low: survey
May 30, 2013 (AFP)
Optimism about profitability among European companies in China has fallen to an all-time low, a survey showed Thursday, with only 29 percent saying the outlook ...
IMF cuts 2013 China growth forecast to 'around 7.75%'
May 29, 2013 (AFP)
The International Monetary Fund cut its 2013 growth forecast for China to "around 7.75 percent", a top official said Wednesday, citing a sluggish global recover...
Walker's World: Europe's prosperity envy
May 28, 2013 (UPI)
There is a strange thread that connects the Swedish riots, the European soccer final, Britain's planned industrial reforms, the French decision to start teachin...
Walker's World: The trouble with banks.
May 20, 2013 (UPI)
Maligned and unpopular as Europe's bankers are these days, they have certainly been earning their money. Seldom have they had to operate in such a challenging e...
Outside View: Europe's permanent recession
May 17, 2013 (UPI)
On May 6, I wrote Europe was in danger of falling into a permanent recession -- a depression. Now, the European statistical agencies report France joined Italy ...
China urban private sector wages up 17.1% in 2012
May 17, 2013 (AFP)
China's private sector wages in urban areas grew 17.1 percent in 2012, official figures showed Friday, even as the country's economy expanded at its slowest pac...
HSBC says will cut more costs by 2016
May 15, 2013 (AFP)
Asia-focused bank HSBC announced Wednesday that it will make another $2-3 billion (1.5-2.3 billion euros) of new cost savings, as the group seeks to boost profi...
China central bank 'looking into' Bloomberg scandal
May 15, 2013 (AFP)
China's central bank, which manages the world's largest foreign exchange reserves, is looking into a growing scandal over the access journalists at Bloomberg Ne...
Outside View: Forgiving student debt won't help students
May 14, 2013 (UPI)
College is too expensive, graduates can't find decent jobs and pay off loans and students, parents and educators all share in the blame. Now, U.S. President Bar...
China industrial production up 9.3% in April: govt
May 13, 2013 (AFP)
Industrial output in China rose 9.3 percent in April, the National Bureau of Statistics (NBS) said Monday, accelerating from March but below market expectations...
Walker's World: Spring in Europe
May 13, 2013 (UPI)
Like the skies clearing after a storm, some small but hopeful patches of blue and even the occasional ray of sunshine are breaking through the prolonged gloom o...
China shadow banking growing fast: Moody's
May 13, 2013 (AFP)
China's shadow banking activities have risen nearly 70 percent over the past two years and now total more than half the size of the world's second-largest econo...
EU coming round to pro-stimulus measures instead of cuts
May 10, 2013 (UPI)
EU senior ministers attending a G7 summit northwest of London are having to wriggle back into a pro-growth posture after months spent on fractious -- and expens...
China banks scale back lending in April: govt
May 10, 2013 (AFP)
Chinese banks lent less in April than March, official data showed Friday, after other recent indicators suggested a rebound in the world's number two economy wa...
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