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  • July 23, 2014
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  1. News - China - ECONOMY

    US Treasury secretary leaves talks with China pledge to reduce currency intervention

    Posted Jul 11th 2014, 04:36am by Victoria Ruan

    ... as conditions permit. Lew added that how that promise would be met remained to be seen. China's commitment on reducing control and offering greater transparency on foreign exchange "will help ... the experiences in the next few months will tell us a lot about what the real impact is." Asked by a reporter whether the US desired a weaker dollar, Lew said: "Market conditions will determine ...

  2. News - China - ECONOMY

    Guangdong still in frame for free-trade zone, deputy commerce minister says

    Posted Jul 01st 2014, 03:45am by Kwong Man-ki

    ... forward to the building of new free-trade zones, she said. "After Shanghai, the government will consider location features and other foundational conditions to decide where and when to set up ...

  3. Comment - Insight & Opinion - ECONOMY

    Why economic stimulus no longer works for China

    Posted Jun 23rd 2014, 10:42am by Derek Scissors

    ... to overflow. This is the situation in many countries where stimulus has been applied for most of the past decade. Chinese conditions, unfortunately, resemble less a pool and more a small lake. ... in the US, even though American monetary conditions are quite loose in themselves. The ill-advised post-Lehman credit boom is one reason for China's predicament. So are years of negative real ...

  4. Business - Economy - ECONOMY

    Xi Jinping takes charge of China's economic reforms

    Posted Jun 16th 2014, 03:07am by Victoria Ruan

    ... the 'new normal' China observers are having to get up to speed with the "new normal" now required of their divining of the nation's policymaking. The term, aired by President Xi ... in a holding pattern," Harris said. The top leadership was likely to "get political issues right first" while keeping the economy in a "weak and stable condition". He expects ...

  5. Business - Economy - ECONOMY

    US jobless claims show surprise increase in week

    Posted Jun 13th 2014, 05:57am by Reuters

    ... weak as to change the optimism that economic conditions are improving. Reports on employment, manufacturing and services industries have suggested growth would rebound strongly in the second ... measure of underlying labour market conditions as it irons out week-to-week volatility, increased 4,750 to 315,250. The economy added 217,000 jobs last month, the fourth consecutive month of gains ...

  6. Business - Economy - ECONOMY

    Bank of Japan stands pat as Kuroda sees ‘gentle recovery’

    Posted Jun 13th 2014, 03:43pm by Reuters

    ... of clear improvement in job conditions and incomes. "We expect a gentle recovery to continue," he added. The central bank has become increasingly convinced that the world's ...

  7. Business - Economy - ECONOMY

    The two Brazils

    Posted Jun 12th 2014, 11:53am by NICHOLAS SPIRO

    ... Lula da Silva. One of Lula's biggest achievements was to drag millions of Brazilians out of poverty through Bolsa Familia, a conditional cash-transfer programme offering a monthly stipend ...

  8. Business - Economy - ECONOMY

    Arrested development

    Posted May 05th 2014, 05:38am by DAVID BROWN

    ... remains overshadowed by risks. The dominant worry is of tighter credit conditions that will follow once the US brings its super-stimulus to an end. Fears of a euro zone break-up remain ... of a need to navigate any air pockets of risk that suddenly emerge. US and British policymakers can point to the speed with which they opened the monetary sluice gates. The impact on global recovery ...

  9. Business - Economy - ECONOMY

    Military coup raises fears over Thailand's sick economy

    Posted Jun 09th 2014, 03:29am by AFP

    ... learned their lesson. Markets have largely taken May's military takeover in their stride, but there is still nervousness about a regime that has put the air force chief in charge ...

  10. Business - Economy - ECONOMY

    Euro endgame

    Posted Jun 09th 2014, 03:29am by DAVID BROWN

    ... that triggers the decline is crucial to whether investors retain confidence in the currency or not. Caveat emptor conditions would apply- "let the buyer beware". David Brown is chief executive ...




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