POLITICAL ECONOMY - SINO DAILY

New US Treasury chief Lew to visit China

Mar 14, 2013 (AFP)

US Treasury Secretary Jacob Lew will travel to China next week for talks with China's new leadership on his first international trip since taking office, the Tr...

China says bank lending shrank in February

Mar 11, 2013 (AFP)

Chinese banks cut back lending in February from January, official data showed, due to a tightening of liquidity and fewer working days last month because of the...

S. America at risk from slow growth: Fitch

Mar 11, 2013 (UPI)

Latin America is at risk from slow growth, continued dependence on commodity prices and potential impact of the fiscal standoff in the United States, Fitch rati...

Australian central bank computers hacked

Mar 11, 2013 (AFP)

Computer networks at the Reserve Bank of Australia have been hacked, officials said Monday, with some reportedly infected by Chinese-developed malware searching...

Walker's World: Euro crisis returns

Mar 11, 2013 (UPI)

After the success of the Dutch petition for a referendum on ceding any more powers for Europe and word of a new euroskeptic party forming in Germany, maybe the ...

China inflation spikes, factory output growth slows

Mar 09, 2013 (AFP)

Chinese inflation hit a 10-month high in February while growth in industrial production and retail sales slowed, official data showed on Saturday, complicating ...

China exports jump in February as economy recovers

Mar 08, 2013 (AFP)

China's exports surged more than 20 percent in February on-year despite the Lunar New Year holiday, data showed Friday, in another sign of recovery for the worl...

Outside View: Can U.S. bull market endure

Mar 06, 2013 (UPI)

With the Dow Jones industrial average setting records, it is important to recognize current stock prices are hardly extraordinary. Adjusted for inflation, stock...

Outside View: The Y2K Sequester?

Mar 06, 2013 (UPI)

As of last Friday, the inability or intransigence of U.S. President Barack Obama and Republicans in the House of Representatives to reach a budget agreement tri...

China promises growth but target unchanged

Mar 05, 2013 (AFP)

China set an unchanged growth target of 7.5 percent for 2013, Premier Wen Jiabao said Tuesday, as officials seek to nurture recovery while revamping the model o...

HSBC posts falling 2012 profits after troubled year

Mar 04, 2013 (AFP)

Asia-focused bank HSBC said Monday that net profits sank 16.5 percent to $14.03 billion in 2012, due to US money-laundering fines, mis-selling scandals, rising ...

Outside View: Bringing facts to budget

Mar 04, 2013 (UPI)

Federal deficits are too large and mounting U.S. national debt threatens future generations. Both Democrats and Republicans embrace demagoguery and refuse to ad...

Asian manufacturing growth mostly weak in February

Mar 01, 2013 (AFP)

Asian manufacturing growth was mostly weak in February, surveys showed Friday, suggesting tepid recovery in the region's export-dependent economies. Manufacturi...

China home prices rise for third month in February

Mar 01, 2013 (AFP)

Home prices in China rose year-on-year in February for the third consecutive month, an independent survey showed Friday, citing strong credit growth as a key fa...

British skepticism caps EU jobless spiral

Mar 01, 2013 (UPI)

The latest spike in eurozone's jobless figures came as a welcome boost for British euroskeptics who celebrated as Prime Minister David Cameron's Conservative Pa...

Asia has the world's most billionaires: survey

Feb 28, 2013 (AFP)

Asia has more billionaires than any other continent, a survey by a China-based wealth magazine showed on Thursday, apparently overtaking North America for the f...

Big-spending Brazil battles inflation

Feb 28, 2013 (UPI)

Big-spending Brazil is battling renewed inflationary threats to its booming economy as state spending on World Cup and Olympics and related infrastructural proj...

Hong Kong unveils budget, warns on global risks

Feb 27, 2013 (AFP)

Hong Kong's finance chief Wednesday unveiled a budget to kickstart growth in the city and temper property prices but warned the world economy could face headwin...

Outside View: Tax reform: Eliminate the income tax and IRS

Feb 27, 2013 (UPI)

Americans desperately want a fairer tax system and relief from arbitrary treatment by the Internal Revenue Service. True reform requires simply junking the pers...

New Italian PM Renzi: EU 'is not our enemy'

Feb 27, 2013 (UPI)

New Italian Prime Minister Matteo Renzi challenged "eurosceptics" in a speech before Parliament this week, declaring the European Union "is not our enemy." In a...