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  • August 2, 2014
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  1. Business - Economy - ECONOMY

    Beijing's economic growth targets are too high, IMF says

    Posted Jul 31st 2014, 11:26am by Victoria Ruan

    ... the economy, he said. "So the short-term fix for the economy is exacerbating its longer-term structural weaknesses." The key question related to China's sovereign credit rating over ... grew 7.5 per cent in the second quarter, up from 7.4 per cent- an 18-month low- in the first. The IMF urged China to launch key reforms, including freeing up bank-deposit interest rates, ...

  2. News - China - ECONOMY

    Xi Jinping departs for South America tour

    Posted Jul 13th 2014, 11:15am by AFP, Reuters

    ... visits to Brazil, oil-supplier Venezuela, long-time political ally Cuba and Argentina- a key source of soybeans for China. The visit- Xi's second to Latin America since taking office as head ...

  3. Business - Economy - ECONOMY

    World Bank chief backs launch of BRICS bank

    Posted Jul 09th 2014, 05:20am by Victoria Ruan

    ... institution and would instead help it fight poverty and spur economic growth. The world's five key emerging nations of Brazil, Russia, India, China and South Africa have proposed the launch ...

  4. Business - Economy - ECONOMY

    New Zealand raises key rate but not done yet

    Posted Jun 12th 2014, 03:41pm by Reuters

    ... Reuters in Wellington Fall in the dollar may push rise even higher as central bank looks to contain inflation pressure NZ sees neutral level for cash rate as high as 5pc New Zealand's central bank sees the neutral level for its cash rate possibly as ...

  5. Business - Economy - ECONOMY

    Abe's economic reforms seen as falling short in Japan growth push

    Posted Jun 25th 2014, 02:37am by Reuters

    ... to the stock market. Abe urged the nation's business leaders to do more to boost the role of working women, a key plank in the growth strategy and seen as vital to address the shrinking workforce ...

  6. Business - Economy - ECONOMY

    Xi Jinping takes charge of China's economic reforms

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

    ... said Li's mini-stimulus should be successful "in tempering the cyclical pressures while allowing China to stay the course of its structural reforms". "This is a key ...

  7. Business - Economy - ECONOMY

    Beijing prodded to act on growth amid risk of further slowdown

    Posted Jun 02nd 2014, 03:07am by Victoria Ruan

    ... Victoria Ruan in Beijing victoria.ruan@scmp.com Turnaround on key indicators for last month points to policymakers' resolve to shore up mainland economy, with more policy support likely Beijing prodded into growth push The risk of a further slowdown in China's economy has prompted the most active flurry of policy-easing measures since 2012, signalling Beijing's ...

  8. Business - Economy - ECONOMY

    High Noon for ECB

    Posted Jun 02nd 2014, 03:07am by DAVID BROWN

    ... are expected cuts to all the ECB's key interest rates and new measures to boost market liquidity. The ECB will be tip-toeing into unchartered waters this week. It should cut its deposit rate ...

  9. Business - Economy - ECONOMY

    Australia faces currency dilemma

    Posted May 12th 2014, 02:58am by DAVID BROWN

    ... increase of a quarter percentage point is likely next month. It is a reminder that Australia is living on borrowed time with the key rate as low as 2.5 per cent. The Australian dollar also has well known positive market correlations with key global indicators- such as faster world trade, booming commodity prices and rising equity prices. There are signs the world economy is cranking up ...

  10. Business - Economy - ECONOMY

    China central bank move on yuan a sign of caution, not reform zeal

    Posted Mar 24th 2014, 04:45am by Reuters

    ... than some had expected. Yet many took that as a reassurance the broad financial liberalisation promised at a key leadership gathering last autumn was on track, including the expected removal ...




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