The Long and Winding Road to Recovery
The recovery continues, but it is not on solid ground. It is fragile, unbalanced, and limited.
Lenovo CEO Yang Increases Stake
Lenovo Group Ltd. Chief Executive Yang Yuanqing has increased holdings of the company’s outstanding shares of about 8 percent from its biggest shareholder, Legend Holdings Ltd.,
Vietnam's Anti-China Rally Ratchets up
Demonstrations in Hanoi, capital of Vietnam, have ratcheted up over a maritime row with Beijing.
Mexican Agustin Carstens Touts Support from China in IMF Chief Race
Mexican central bank governor Agustin Carstens started a visit to Beijing Thursday to tout support for his bid to head the IMF.
Europe's Competitiveness Trap
Europe’s leaders will find that improving education and training – and throwing open hitherto protected markets – is a long and arduous task.
China Provincial Gov. Comments on Business Closures, Listing Five Difficulties
The small-and-medium-sized businesses in the country are facing a new wave of closures
Alibaba Reorganizes Taobao into Three Units
Alibaba has announced today a decision to spit the online shopping mall into three companies to better meet customer demand.
China Increases $7.6 Bln of U.S. Treasury Holdings in April
China boosted its holdings of U.S. Treasury debt by 7.6 billion U.S. dollars in April, the first increase after five months' decline
America's Dangerous Debt Ceiling Debate
America’s debt ceiling has become the subject of intense political posturing and touch-and-go negotiations behind closed doors.
Hedge Funds Betting Against China on Currency Concern—Media
Worries are mounting on China’s weakening yuan as some hedge funds began betting against the world’s second-largest economy
S&P Downgrades Chinese Property Outlook
Rating agency Standard & Poor’s has downgraded its outlook for China’s real estate development sector to negative from stable, citing reasons of credit tightening in the country.
China has 960,000 Multimillionaires: Huren Report
China has now 960,000 multimillionaires with most of them consuming the most in travelling, according to a Huren report.
Erdoğan's Economic Revolution
Turkey’s achievements form a case study in successful economic development. The question now is how Turkey will use its rapidly growing economic power.
Some China Banks See Negative Deposit Growth amid tightening
Some Chinese banks, including big state-backed ones, have seen negative growth in their deposits amid the recent tightening.
Yili Stocks Suspended Trading After Online Accusations
Inner Mongolia Yili Industrial (600887) Group Co. suspends trading since June 14, after accusations of insider trading by the company’s chairman were posted on the Internet.
The ASEAN Heart of Asia
Through these efforts, ASEAN is emerging as the fulcrum of geopolitical stability in Asia.
China May CPI Hit 34-Month High of 5.5Pct
CPI in China rose to a 34-month high in May with pork prices the major culprit;June CPI may exceed 6 percent.
China M2 Growth Hit 18-Month Low; Credit Control to Persist
The growth of M2, the broad measure of money supply, was 15.1 percent year on year by the end of May while the monetary tightening would persist.
China M2 Money Supply Up 15.1Pct in May
M2 grew 15.1 percent from the same period of last year in May and Chinese banks extended 551.6 billion yuan in loans.
China Pork Price Rises to Three-Year High, Adding to Inflation Woes
Pork prices in China have been surging for four straight weeks to the highest level since 2008, adding to inflation woes that have afflicted the world’s second-largest economy for years.
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