Liang thinks the domestic consumption boom will boost China's intake of more products... READ MORE›
China's leaders are counting on growth in services and consumption to rebalance their economic growth model from its heavy reliance on investment and exports... READ MORE›
Rising shelter costs have accounted for most of the inflation in the U.S. during this economic expansion... READ MORE›
The shift away from ambitious long-term government growth targets is a departure from past practice in China, and marks a new strategy for longer-term economic development... READ MORE›
At the Conservative party conference this month, Theresa May announced an extra ?2bn for affordable housing... READ MORE›
ADB raises China's 2017 growth forecast to 6.7 percent on consumption, exports boost... READ MORE›
Is Kenya and Ethiopia on the verge of overtaking Nigeria and South Africa as Africa's economic giants ?... READ MORE›
The Irish economy grew by almost 6 percent in the second quarter of this year, new statistics have shown... READ MORE›
He said that next year will see the fastest global growth rate since 2010, spurred by rising levels of investment and consumer spending... READ MORE›
Japan's GDP data tends to experience big revisions due to the way the Cabinet Office estimates capital expenditure, consumption and inventory in the preliminary reading... READ MORE›
Malaysia's economic growth has eased this year amid weaker exports and slower government spending... READ MORE›
Greece is a faraway country with an economy roughly the size of greater Miami so America has very little direct stake in its ongoing disaster... READ MORE›
Protesters outraged by top executive salaries at transportation giant Bombardier descended on the company's Montreal headquarters Sunday... READ MORE›
But we can't let this paralyze Brazil, Temer tweeted on Tuesday... READ MORE›
Real disposable personal income rose at a 1 percent pace in the period, the weakest since the fourth quarter of 2013... READ MORE›
Richard Blakeway, London's deputy mayor for housing, land and property, defended the scale of foreign investment... READ MORE›
Donald Trump says he came up with a phrase that was coined before he was born... READ MORE›
The economy has now seen 10 quarters of sustained economic growth... READ MORE›
Revised figures show gross domestic product GDP in the third quarter of this year was 2... READ MORE›
If spending is raised to 4 percent that probability rises to about 5 percent... READ MORE›
Mr Abe has also strongly advocated restarting Japan's nuclear power generation plants, all of which were shut down amid public anger after the Fukushima disaster in 2011... READ MORE›
A multiplier is the expected extra effect of a fiscal policy Spend 1, and you might get 1.60 of economic growth... READ MORE›
Over the past five years, there has been surprise and relief from politicians that public anger about spending cuts has been relatively muted... READ MORE›
Finance Minister Arun Jaitley announced an unprecedented corporate tax cut, in the government's first full budget... READ MORE›
Ethiopia has officially overtaken neighbouring Kenya as East Africa's economic giant... READ MORE›
Ethiopia's economic growth since 2015 has been pegged at 10.8 percent putting a significant gap between them and Kenya... READ MORE›
Western firms invest billions in Russia as economy returns to growth -- RT Business... READ MORE›
Follow Brexit for all the latest news, and sign up to our daily Brexit Bulletin newsletter... READ MORE›
"The size of the economy's decline was a big shock to Abe and the Liberal Democratic Party," said Katsuyuki Yakushiji, a professor of politics at Toyo University in Tokyo... READ MORE›
Li also set a consumer price inflation target of 3 percent, down from last year's 3... READ MORE›
That amounts to 0.3 percent of the 4.4 trillion in dollars transacted in the global currency market each day... READ MORE›
But Egypt's Prime Minister Sherif Ismail told a press conference that the decision was essential and could not be delayed... READ MORE›
His warning came as Greece's prime minister Alexis Tsipras reshuffled his cabinet barely 48 hours after dissidents broke ranks over the bailout deal for the country... READ MORE›
However, strategists expect higher inflation and accelerated tightening after this, which coupled with a stronger dollar and potential U.S. trade protectionism heightens risk in Asia... READ MORE›
It's been a big week for bullish economic data across the globe, from South Korean exports to European manufacturing figures... READ MORE›
China's economy expanded 6.9 percent in 2015, the slowest pace in a quarter of a century... READ MORE›
Foreign investors will also be permitted to buy up to 74 percent of Indian pharmaceutical companies without seeking government approval... READ MORE›
Consumers may have throttled back spending, but they maintain the ability and means to spend, said Jack Kleinhenz, chief economist at the National Retail Federation... READ MORE›
READ MORE China's Xi defends free trade in speech at Davos Full-year growth was 6.7 percent, down from 2015's 6.9 percent... READ MORE›
IMF Managing Director Christine Lagarde said earlier in February that the fund strongly recommended that China set a growth target range of 6 percent to 6.5 percent... READ MORE›
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