Sunday, June 1, 2014
China has signaled it will further ease monetary policy to kick-start the world's second largest economy by cutting the amount of funds that some banks must hold in reserve, according to a government statement.
Wednesday, May 28, 2014
China's government plans to take 6 million older, polluting vehicles off the road this year in an effort to revive stalled progress toward cleaning up smog-choked cities.
Tuesday, May 27, 2014
South Africa's platinum producers and a union are due to resume talks on Monday in an effort to stop a four-month-long strike that has wreaked havoc in the sector.
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.
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.
China's fixed-asset investment, a main measure of government spending on infrastructure, rose at its slowest pace in more than 12 years in January-April, data showed Tuesday, fuelling calls for Beijing to act to boost the economy.
China's vast “shadow banking” sector is now valued at US$4.4 trillion, according to the government's premier research group the Chinese Academy of Social Sciences (CASS) as it warned of potential risks to the financial system.
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.