Friday, May 23, 2014
An index of Chinese manufacturing activity saw a sharp improvement in May, hitting a five-month high, HSBC said Tuesday, but still showed contraction and the bank urged more government action to kickstart the world's number two economy.
Monday, May 19, 2014
Grains, metals, meat: these are just three of the commodities being sucked in by the voracious Chinese economy which is set to be the key driver on raw materials markets this year.
Wednesday, May 14, 2014
Prime Minister Tony Abbott has promised to share the pain in his conservative government's first annual budget aimed at reducing national debt.
Tuesday, May 13, 2014
China's president has told the country to get used to slower growth, damping expectations of a new stimulus.
Monday, May 12, 2014
Some 200 virtual currency enthusiasts excitedly traded namecards and participated in panel discussions Saturday at China's first-ever Global Bitcoin Summit — but several expressed shock that the event was given the green light in the first place.
Friday, May 9, 2014
China's exports and imports rose marginally in April, official data showed Thursday, rebounding from sharp declines in March, but analysts saw a mixed outlook with the world's second-largest economy in the grip of a growth slowdown.
China's biggest bank ICBC has banned activities related to trading in Bitcoin, it said Thursday, joining at least 10 other Chinese banks participating in a government crackdown on virtual currencies.
Wednesday, May 7, 2014
China has increased the dividends that state firms must pay to the government by five percentage points, it said Tuesday, implementing an economic reform originally unveiled last November.
Tuesday, May 6, 2014
China's manufacturing contracted in April for the fourth straight month but the pace of decline was less severe, suggesting the downturn in the world's No. 2 economy is bottoming out.
Friday, May 2, 2014
China's manufacturing activity improved in April, the government said Thursday, showing increased strength for a second straight month as the country's broader economy slows.