Recent News Headlines : Economics

CHINA, US NEED TO FOLLOW THROUGH CANDID DIALOGUE, CONSULTATION


China's concerns are real, and if the United States continues to dismiss them, paying heed only to its own interests, subsequent talks face tremendous uncertainties... READ MORE

6th May, 2018 6

CHINA STATE MEDIA SEES POSITIVES IN TRADE TALKS WITH U.S.


China state media sees positives in trade talks with US... READ MORE

6th May, 2018 219

CALIFORNIA PASSES U.K. TO BECOME WORLD'S FIFTH-LARGEST ECONOMY


California's economic output is now surpassed only by the total GDP of the United States, China, Japan and Germany... READ MORE

5th May, 2018 1

CALIFORNIA NOW WORLD'S 5TH LARGEST ECONOMY, SURPASSING UK


California's economic output is now surpassed only by the total GDP of the United States, China, Japan and Germany... READ MORE

5th May, 2018 413

CHINA, US REACH 'AGREEMENTS' ON SOME ECO, TRADE ISSUES TO AVERT TRADE WAR


The US delegation said it would report back to President Donald Trump on the matter, according to the ministry... READ MORE

4th May, 2018 7

TRUMP TEAM'S TRADE MISSION TO CHINA LAYS BARE YAWNING DIVIDE


China's official Xinhua News Agency reported Friday that both sides reached a consensus on some trade issues while acknowledging major disagreements on other matters... READ MORE

4th May, 2018 79

NINE DAYS, ONE SIGNAL: U.S. ECONOMY IS DOING FINE IF NOT GREAT


Commerce Department figures on April 27 showed gross domestic product grew at a 2.3 percent annualized rate after three quarters of gains above or near 3 percent... READ MORE

4th May, 2018 90

WHEN THE U.S. GOES IT ALONE, WHAT DOES THE REST OF THE WORLD DO?


Conventional wisdom, simple maths and plenty of recent evidence shows reduced global trade leads to reduced economic activity... READ MORE

4th May, 2018 211

WHAT ARE THE OBSTACLES AND OPPORTUNITIES FACING CHINA-US TRADE TALKS?


High-level delegation for highly-anticipated talks Trade tensions have been on the rise between the world's two largest economies amid tit-for-tat punitive tariffs... READ MORE

4th May, 2018 0

HERE'S WHAT U.S. DEMANDED OF CHINA AT THE START OF TRADE TALKS


The document, seen by Bloomberg News, is divided into eight sections, ranging from trade-deficit reduction to tariff barriers to implementation... READ MORE

4th May, 2018 500

CONCERNS GROW AS TEAM TRUMP KICKS OFF TRADE TALKS WITH CHINA


At stake are punitive taxes on billions of dollars of American and Chinese goods, which, if ratified, could derail global economic growth... READ MORE

4th May, 2018 49

US TREASURY SECRETARY MNUCHIN REPORTS GOOD TRADE TALKS IN CHINA


US Treasury Secretary Steven Mnuchin says a trade delegation he is leading in China has been having very good conversations... READ MORE

4th May, 2018 0

ALBERTA'S RECESSION IS OVER AND WE'D BEST MAKE PEACE WITH THAT


Despite having the strongest economy in Canada, Alberta remains below its 2014 peak... READ MORE

2nd May, 2018 6905

THE TRUMP EFFECT MAY FINALLY BE WEIGHING ON CHINAS EXPORTS


Caixin's gauge, which is geared more to smaller companies, climbed to 51.1 from 51... READ MORE

2nd May, 2018 322

ECONOMISTS INVOKE GREAT DEPRESSION IN WARNING TO TRUMP ON TRADE


More than 1,100 economists, including Nobel laureates and former presidential advisers, have signed a letter warning Donald Trump about his tariff-heavy approach to trade... READ MORE

2nd May, 2018 1446

STOCKS END MIXED AS APPLE BOOSTS TECH; BONDS FALL


New York time.The Nasdaq 100 Index rose 1.2 percent to 6,681.96 the Dow Jones Industrial Average slid 0.3 percent to 24,099.05... READ MORE

1st May, 2018 83

BAIDU SPLITS FINANCIAL BUSINESS AND RAISES US$1.9 BN


After the financing, Du Xiao Man will continue to increase its investment in technology, open up more platforms and technical capabilities and promote financial ecological construction... READ MORE

1st May, 2018 20

GOLDMAN'S SHRINKING EQUITY TRADING DESK, JP MORGAN'S ERDOES ON VOLATILITY


The following are highlights from Monday's Milken Institute Global Conference in Beverly Hills... READ MORE

1st May, 2018 0

CHINA OFFICIAL FACTORY PMI EASES SLIGHTLY IN APRIL, EXPORT ORDERS SLOW


The services sector accounts for over half of China's economy, with rising wages giving Chinese consumers more spending power... READ MORE

30th April, 2018 58

ROBUST JOB GROWTH, NOT FAKE NEWS


For the 25-64 age group, the CMIE data suggests that total employment creation in 2017 was a robust 12 million... READ MORE

28th April, 2018 820

ALL THE THINGS CHINA MARKET ANALYSTS GOT WRONG THIS YEAR


The losses, as well as softening economic growth, prompted Morgan Stanley strategists to trim their index targets for China's earlier this month... READ MORE

27th April, 2018 76

THE NEXT 9 DAYS WILL TEACH US A LOT ABOUT THE U.S. ECONOMY


After years of being off target, Fed officials are close to an inflation bulls-eye... READ MORE

27th April, 2018 412

MERKEL IN WASHINGTON IN LAST-DITCH EFFORT TO DODGE TRADE FIGHT


Here in France, staff at the flag carrier Air France are split ahead of next week's referendum... READ MORE

27th April, 2018 1

FAST OPENING-UP PUSHED AT SESSION LED BY PRESIDENT


China will accelerate economic restructuring while steadily expanding domestic demand, it said... READ MORE

24th April, 2018 266

LAGARDE WARNS OF EROSION OF CONFIDENCE FROM TRADE TENSIONS


In return, China has proposed retaliatory measures and vowed to fight to the end... READ MORE

24th April, 2018 473

FIVE THINGS YOU NEED TO KNOW TO START YOUR DAY


In China, industrial profits probably slowed, adding to policy makers' deleveraging challenge... READ MORE

23rd April, 2018 64

UK FINANCE FIRMS URGED TO WORK TOGETHER TO FIGHT CYBER CRIME


This includes working together and with governments and law enforcement to render the markets, tools and systems cyber criminals use ineffective, it said... READ MORE

23rd April, 2018 184

FEW BRITONS EXPECT BANK OF ENGLAND TO RAISE RATES NEXT MONTH


The IHS Markit Household Finance Index showed 28 percent of Britons expected the BoE to raise rates over the next three months, down from 33 percent in March... READ MORE

23rd April, 2018 11

THREE ALTERNATIVE GAUGES ADVISE NOT TO FRET ON GLOBAL TRADE, YET


Three different alternative leading indicators are telling us not to fret about global trade prospects even as U.S.-China trade tensions remain on low boil... READ MORE

23rd April, 2018 98

US TREASURY CHIEF MAY GO TO CHINA AS TRADE TENSIONS SIMMER


A trip is under consideration, Mnuchin said at a press conference during the International Monetary Fund and World Bank spring meetings in Washington on Saturday... READ MORE

22nd April, 2018 0

Trending News Headlines : Economics

OVER 25 MILLION PEOPLE APPLY FOR INDIAN RAILWAY JOB VACANCIES


India's unemployment rate surged to a 15-month high of 6.1 percent in February, think-tank CMIE said... READ MORE

30th March, 2018 8949

AFRICAN LEADERS SIGN CONTINENTAL FREE-TRADE AGREEMENT


African Continental Free Trade Area set up in hope of boosting regional business ties... READ MORE

21st March, 2018 6521

AS U.S. AND CHINA TRADE TARIFF BARBS, OTHERS SCOOP UP U.S. SOYBEANS


We're seeing a realignment of trade, largely because the politics is driving up Brazilian soybean prices, said Jack Scoville, analyst with the Price Futures Group... READ MORE

8th April, 2018 5803

ABDEL FATTAH EL-SISI NARROWLY MISSES 100 PERCENT OF VOTE IN EGYPT


Announcing the final results on Monday, Egypt's election commission said there had been a 41.5 percent turnout, lower than the 47 percent in the 2014 election... READ MORE

2nd April, 2018 5317

TRUMP THREATENS MORE CHINA TARIFFS, BEIJING READY TO HIT BACK


China said it was not afraid of a trade war, even though it did not seek one, and accused the United States of provoking the conflict... READ MORE

6th April, 2018 3965

THESE ARE THE WORLDS CHEAPEST PLACES FOR DRUGS, BOOZE AND CIGARETTES


In absolute terms, the gross weekly cost exceeded 1,000 in only three countries Japan, New Zealand and Australia... READ MORE

4th April, 2018 2646

BITCOIN SNAPS SLIDE AS CRYPTO MARKETS DODGE PUSH FOR REGULATION


It was great for the space, said John O'Rourke, chief executive officer of Riot Blockchain Inc., which invests in cryptocurrency and blockchain startups... READ MORE

6th February, 2018 2634

TRUMP TWEETS AT JAY-Z AFTER RAPPER CRITICIZES HIS DEROGATORY COMMENTS


WASHINGTON -- President Trump has a go-to response for rapper Jay-Z and other critics of his behavior Look at the economy... READ MORE

28th January, 2018 2603

DIGITAL BOOM AS A CATALYST FOR AFRICA'S ECONOMIC GROWTH [BUSINESS AFRICA]


Digital boom as a catalyst for Africa's economic growth Business Africa... READ MORE

26th January, 2018 1859

U.S. PLANS HEAVY CHINA TARIFF HIT AS SOON AS THIS WEEK


Read more China Urges U.S. to Correct Abuse of Trade Remedy Measures U.S. companies from Walmart Inc... READ MORE

21st March, 2018 1798

CHINA WARNS AGAINST 'TRADE WAR,' APPEALS FOR COOPERATION


Speaking to global business leaders at a development forum, Vice Premier Han Zheng appealed for cooperation to make economic globalization beneficial for all... READ MORE

26th March, 2018 1757

TRUMP ISN'T TO THANK FOR THE STOCK MARKET'S BOOM, BARCLAYS SAYS


Barclays Plc is challenging U.S. President Donald Trump's claim of credit for record stock market levels... READ MORE

2nd February, 2018 1491

TRUMP PREDICTS CHINA WILL BE FIRST TO BUCKLE IN TRADE DISPUTE


China will take down its Trade Barriers because it is the right thing to do, Trump told his 50 million Twitter followers early Sunday... READ MORE

9th April, 2018 1430

JORDAN ENDS BREAD SUBSIDY, DOUBLING PITA PRICES


The price of a kilo of white pita bread was raised 60 percent to 0.40 dinars 0.5 from 0.25 dinars 0.3 and price of large pita bread nearly doubled... READ MORE

26th January, 2018 1419

WORLD WAR STILL HAUNTS PUTIN AS POPULATION DECLINE TAXES ECONOMY


After hovering near 144 million for a decade, Russia's population is once again shrinking, threatening Putin's economic goals for the next six years... READ MORE

6th April, 2018 1415

GOLD IS HEADING TO $1,400 IF TRADE WAR BREAKS OUT, ACCORDING TO SPROTT


Sprott U.S. Holdings is a subsidiary of Toronto-based Sprott Inc., which had C 11.5 billion 8.9 billion under management as of Dec. 31... READ MORE

3rd April, 2018 1156

PARIS CLIMBS TO WORLD'S SECOND-MOST EXPENSIVE CITY TO LIVE


Cities outside the eurozone remain the most expensive in europe... READ MORE

16th March, 2018 1084

IRAN WARNS OF 'NUCLEAR CRISIS' IF JCPOA DEAL IS SCRAPPED


The world will have to confront another nuclear crisis if the historic 2015 agreement between Iran and world powers is scrapped, Iran's deputy foreign minister warned... READ MORE

22nd February, 2018 1025

INDIA BUDGET FOCUSES ON RURAL AREAS AHEAD OF ELECTION


Last year, the government set a target of raising annual health spending to 2.5 percent of India's GDP by 2025... READ MORE

1st February, 2018 1014

TRUMP ESCALATES RIFT WITH CHINA AHEAD OF TENSE G-20 MEETINGS


Because there wasn't a path back toward a market orientation, I discontinued the China economic dialogue, said David Malpass, Treasury's undersecretary for international affairs... READ MORE

18th March, 2018 876

CHINA CAN WEATHER TRADE TENSIONS BETTER THAN US


"China will not want to increase the value of the exchange rate and it would not want to undermine the value of the US treasury bond," he said... READ MORE

24th March, 2018 846

FED LEANS TOWARD FASTER PACE OF HIKES AS TRADE WAR POSES RISK


At the meeting, central bankers raised their median estimates for U.S. growth to 2.7 percent for 2018 from 2.5 percent projected in December... READ MORE

11th April, 2018 775

THE RISE OF TECH GIANTS MAY BE BAD NEWS FOR THE ECONOMY


Tech giants like Facebook and Amazon are the tip of the iceberg of a trend toward market concentration... READ MORE

21st February, 2018 665

TRUMP WARNS U.S. INVESTORS OF A LITTLE PAIN IN TRADE STAND-OFF


In a statement Thursday, Trump cited China's unfair retaliation in response to his list of proposed tariffs earlier this week covering 50 billion in Chinese products... READ MORE

6th April, 2018 610

7 REASONS WHY IT'S HARD TO KNOW IF YOUR HOUSE WILL LOSE VALUE


Interest rates As usual, the biggest threat cited for home prices is how much we pay for the money we borrow... READ MORE

12th April, 2018 510

AS CHINA PRESENTS ECONOMIC PLAN, U.S. TRADE SPAT RAISES NEW RISK


At Sunday's briefing, Zhang said Chinese policy makers planned to consolidate three previous laws into new legislation aimed at promoting and protecting foreign investment... READ MORE

4th March, 2018 509

TRUMP SAYS U.S. TO STOP CHINA FROM TAKING ADVANTAGE ON TRADE


Speaking shortly after Kudlow on Thursday, White House trade adviser Peter Navarro also said there's room to make a deal... READ MORE

6th April, 2018 469

REGULATOR IN CHINA SEIZES CONTROL OF ANBANG AS CHAIRMAN PROSECUTED


FILE PHOTO Chairman of Anbang Insurance Group Wu Xiaohui attends the China Development Forum in Beijing, China, March 18, 2017... READ MORE

23rd February, 2018 451

XI TAKES CENTER STAGE TO DEFEND CHINA'S TRADE FROM TRUMP BARRAGE


He's got to show he's ready to retaliate against U.S. trade threats while demonstrating China's commitment to opening up... READ MORE

8th April, 2018 377

HOW ONE OF THE MOST PROFITABLE TRADES OF THE LAST FEW YEARS BLEW UP IN A DAY


On this week's episode of the Odd Lots podcast, we speak to Pravit Chintawongvanich, the head of Derivatives Strategy at Macro Risk Advisors about the episode... READ MORE

19th February, 2018 363


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