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  1. Business - Banking & Finance - ECONOMY

    Federal Reserve chief Yellen plans to keep US interest rates low

    Posted Apr 18th 2014, 01:17am by BLOOM

    ... helps oversee US$241 billion as chief portfolio strategist at Wells Fargo Advantage Funds in Wisconsin. Her speech "better managed the messages she wanted to get out of the last policy ...

    http://www.scmp.com/business/banking-finance/article/1486375/federal-reserve-chief-yellen-plans-keep-us-interest-rates
  2. Business - Economy - ECONOMY

    Top finance officials confident world has turned corner

    Posted Apr 14th 2014, 05:07am by AP

    ... and job-rich global economy remains our paramount collective goal," the policy-setting panel of the 188-nation International Monetary Fund said on Saturday. IMF managing director Christine Lagarde ...

    http://www.scmp.com/business/economy/article/1481108/top-finance-officials-confident-world-has-turned-corner
  3. Business - Economy - ECONOMY

    Reform drive faces slowdown test

    Posted Apr 14th 2014, 05:07am by Victoria Ruan

    ... and plans to set up special funds to back infrastructure investments. Similar measures launched last year managed to reverse a slide in growth, with full-year GDP expanding 7.7 per cent. ...

    http://www.scmp.com/business/economy/article/1481469/reform-drive-faces-slowdown-test
  4. Business - Economy - ECONOMY

    Australian jobs revival surprises

    Posted Apr 11th 2014, 12:59am by Reuters

    ... is showing signs of stabilising with unemployment having peaked or pretty close to it," said Savanth Sebastian, an economist at fund manager CommSec. "There is no question that the economy ...

    http://www.scmp.com/business/economy/article/1474706/australian-jobs-revival-surprises
  5. Business - Economy - ECONOMY

    China PMI edges up to 50.3

    Posted Apr 01st 2014, 09:36am by Bloomberg

    ... support measures. A purchasing managers' index fell to 48 last month, the lowest reading since July last year, from 48.5 in February, HSBC and Markit Economics said yesterday. A separate PMI ... was recovering towards the end of a winter-depressed first quarter. The Institute for Supply Management's index rose to 53.7 from 53.2 in February, it said yesterday. Readings above 50 indicate ...

    http://www.scmp.com/business/economy/article/1462271/china-pmi-edges-503
  6. Business - Money - ECONOMY

    Why Hong Kong’s latest No 1 ranking was greeted with silence

    Posted Apr 01st 2014, 11:51am by Stephen Vines

    ... sphere. Meanwhile, Japan, despite its exquisite network of crony-type business arrangements, still manages to find itself at the bottom of the league table (in 21st place) because so many of its ...

    http://www.scmp.com/business/money/wealth/article/1462317/why-hong-kongs-latest-no-1-ranking-was-greeted-silence
  7. Business - Economy - ECONOMY

    Private sector wary of Beijing's plan for 'mixed economy'

    Posted Mar 17th 2014, 02:28am by Eric Ng

    ... this year, Li said. Yuan said the mindset of state firm managers and entrenched human resource practices could be a challenge for private firms if they had little management influence. Nanjing-based Sanpower in 2011 bought a 30 per cent stake in brokerage Jintai Futures, which is 40 per cent controlled by the Jiangsu provincial government's Guoxin Asset Management. "As it turned out, ...

    http://www.scmp.com/business/economy/article/1450317/private-sector-wary-beijings-plan-mixed-economy
  8. Business - Economy - ECONOMY

    China purchasing managers' index rises as barometer of global health

    Posted Feb 03rd 2014, 04:11am by Bloomberg

    ... the pulse of the world economy, one of the indicators he zeroes in on did not even exist a decade ago. The head of Asia-Pacific strategy at Aberdeen Asset Management Asia in Singapore is not alone in tracking the Chinese purchasing managers' index, which is released each month by HSBC and Markit Economics. When January's preliminary estimate of 49.6 undershot economists' ...

    http://www.scmp.com/business/economy/article/1419429/china-purchasing-managers-index-rises-barometer-global-health
  9. News - China - ECONOMY

    China's PMI falls, adding to economic jitters ahead of annual NPC meeting

    Posted Mar 01st 2014, 11:11am by Bloomberg

    ... Bloomberg The purchasing managers’ index (PMI) tumbled to 50.2, the National Bureau of Statistics reported on its website PMI fall adds to jitters ahead of NPC meeting A gauge of mainland ... The Purchasing Managers' Index was at 50.2, the National Bureau of Statistics and China Federation of Logistics and Purchasing said yesterday. That compared with January's 50.5 reading. ...

    http://www.scmp.com/news/china/article/1437878/chinas-pmi-falls-adding-economic-jitters-ahead-annual-npc-meeting
  10. Business - Economy - ECONOMY

    China's 'black box' economy deserves Group of Seven peer scrutiny

    Posted Feb 24th 2014, 04:27am by Bloomberg

    ... reserves (US$3.8 trillion), the No 1 polluter and a fast-rising geopolitical power. Yet there is no regular or manageable forum in which peers can sit across from Chinese officials to glean ... of Silvercrest Asset Management was worried growth is being driven by runaway credit fuelling giant projects designed to inflate economic statistics; former Fitch Ratings analyst Charlene Chu cautioned ...

    http://www.scmp.com/business/economy/article/1433773/chinas-black-box-economy-deserves-group-seven-peer-scrutiny

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