Economy


US consumer prices edge up while retail sales increase

US consumer prices barely rose in October as the boost to gasoline prices from hurricane-related disruptions to Gulf Coast oil refineries was unwound, but rising rents and healthcare costs pointed to a...

November 16, 2017, Thursday


Key economic data post slower rise in October

THE growth of China’s industrial output, retail sales and fixed-asset investment slowed in October and missed market expectations, signaling that economic growth is expected to ease in the fourth quarter. Value-added ...

November 15, 2017, Wednesday


China’s M2 in October rises at slowest on record

MONEY supply in China last month rose by the slowest on record and new yuan loans nearly halved from September amid the government's tight regulations and seasonal liquidity stress. Banks in China extended ...

November 14, 2017, Tuesday


Eurozone to grow in 2017 at fastest rate in a decade

THE eurozone economy will grow this year at its fastest rate in a decade following a run of upbeat news largely linked to a reduction in uncertainty following a series of elections, the European Union ...

November 10, 2017, Friday


Financial sector scrutiny

CHINA has set up a committee under the State Council to oversee financial stability and development, according to an official statement yesterday. The committee will be an office of the council, focusing ...

November 9, 2017, Thursday


India extols note ban but opposition holds protests

INDIAN officials extolled last year’s shock ban on high denomination bank notes as a success yesterday, while opponents staged protests and Nepal said its citizens were still stuck with billions of rupees ...

November 9, 2017, Thursday


BOE raises rates for 1st time in over 10 years

THE Bank of England raised interest rates for the first time in more than 10 years yesterday and said it expected only “very gradual” further increases over the next three years. The BOE said its nine ...

November 3, 2017, Friday


Factory output posts slowest rise in 4 months

CHINA’S manufacturing activity was stable last month but production increased at its slowest rate in four months, a report released yesterday showed. The Caixin China General Manufacturing Purchase Managers' ...

November 2, 2017, Thursday


Factory growth slows in October to 3-month low

EXPANSION in China’s manufacturing activity slowed in October to a three-month low, indicating moderated but still steady economic growth in the fourth quarter. The official Purchasing Managers’ Index, ...

November 1, 2017, Wednesday


Asia passes US in total billionaires

ASIA’S 637 billionaires outnumbered those in the United States for the first time last year, according to a new report, with China adding the most new billionaires at 101, bringing its total to 318, while ...

October 27, 2017, Friday




 

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