POLITICAL ECONOMY

News About The Global Economy

1,238 articles

Alibaba financial affiliate valued at $60 bn
Apr 18, 2016 (AFP)
China's top internet finance company, e-commerce giant Alibaba's affiliate Ant Financial, could start the process of going public this year, reports said Monday...
China posts slowest quarterly growth on record: govt
Apr 18, 2016 (AFP)
China's economy grew in the first three months of 2016 at its slowest quarter-on-quarter rate since it began releasing the data, the government said, while the ...
China GDP growth slows to 6.7% in first quarter: govt
Apr 15, 2016 (AFP)
China's economy grew 6.7 percent in the three months of 2016, its slowest quarterly expansion in seven years, the government said Friday, but indicators for Mar...
China Q1 growth slows but green shoots appearing
Apr 15, 2016 (AFP)
China's economy expanded at its slowest rate in seven years during the first quarter, the government said Friday, but forecast-beating readings for March raised...
Dark economic cloud over IMF-World Bank meeting
Apr 14, 2016 (AFP)
Worries that the global economy is nearing a stall made worse by the specter of '"Brexit" cloud the air as the world's finance chiefs gather in Washington begin...
Panama Papers reveal Hong Kong's murky financial underbelly
Apr 14, 2016 (AFP)
Jasmine Li was still a student when she opened her first offshore bank account through Mossack Fonseca Hong Kong, but the shady world she entered that day had b...
IMF sees $1.3 trillion in 'at-risk' Chinese company debt
Apr 13, 2016 (AFP)
The International Monetary Fund said Wednesday that corporate China's balance sheets have deteriorated to the point that some $1.3 trillion in borrowings is at ...
World Bank and China-backed infrastructure bank join hands
Apr 13, 2016 (AFP)
The World Bank and the new China-backed Asian Infrastructure Investment Bank, originally seen as possible rivals, joined hands Wednesday with an agreement to co...
Study: Rich kids get higher salaries
Apr 13, 2016 (UPI)
New research suggests we still aren't a true meritocracy. According a new study, a graduate's socioeconomic background has a measurable effect on salary just ou...
Worried IMF cuts world growth forecast, warns over Brexit
Apr 12, 2016 (AFP)
The International Monetary Fund said Tuesday that the global economy faces wide-ranging threats from weak growth and rising protectionism, warning of possible "...
China to drag down growth in developing Asia: World Bank
Apr 11, 2016 (AFP)
China's economic slowdown will hit growth in developing East Asia and the Pacific from this year until at least 2018, the World Bank said Monday, warning of vol...
Money and power: China government's link to Panama Papers firm
Apr 08, 2016 (AFP)
Long before the Panama Papers leaks put law firm Mossack Fonseca on front pages around the world, the company was already well known among a certain class of Ch...
Steeling for a struggle: China workers face turmoil
Apr 08, 2016 (AFP)
Hundreds of laid-off steelworkers gathered outside their former employer's office this week to protest at losing their jobs, victims of a global glut. But the s...
Follow the money: how Hong Kong helps outflow of Chinese cash
Apr 07, 2016 (AFP)
The Panama Papers leak has put the spotlight on Hong Kong as a hub for setting up offshore firms, with much of the money flowing through the city coming from ma...
China largest market for Panama Papers law firm: ICIJ
Apr 07, 2016 (AFP)
Nearly a third of the business of the law firm at the centre of the Panama Papers scandal came from its offices in Hong Kong and China, reports said Thursday, w...
China considers debt-equity-swaps for banks: reports
Apr 05, 2016 (AFP)
China is considering a plan that would allow banks to swap bad debts for equity in the borrowing firm, according to reports, as the banking sector faces mountin...
Panama Papers: huge tax leak exposes Putin aides, world leaders
Apr 04, 2016 (AFP)
One of the biggest document leaks in history snared world leaders, celebrities and sports stars in a snowballing worldwide scandal Monday over their secretive o...
China manufacturing expands for first time in 9 months
Apr 01, 2016 (AFP)
Chinese factories ramped up activity in March for the first time in nine months, official data showed Friday, offering a positive signal for the health of the w...
Japan big manufacturers' confidence drops to three-year low
Apr 01, 2016 (AFP)
Confidence among Japan's biggest manufacturers dropped last quarter to its lowest level since Prime Minister Shinzo Abe kicked off his much-vaunted programme to...
China Construction Bank 2015 net profits flat
Mar 31, 2016 (AFP)
China Construction Bank (CCB), the country's second-largest lender, reported flat growth in net profit last year, as bad loans jumped with economic growth slowi...
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