Given that European households have deposits worth an impressive EUR 8.5 trillion, deposits are one of the cornerstones of the EU economic system. This represents one-third of total financial assets. Despite negative real returns in most EU ...
Tags: Deposits Business, European Banks
Mongolia on Friday unveiled a raft of new investment agreements with China--including an oil-exploration deal—that Mongolian Prime Minister Norovyn Altankhuyag said in an interview would build up the landlocked country's ...
Tags: oil-exploration, crude-oil
Rising domestic demand provides firm basis for expansion in the industrial sector British bank HSBC Holdings Plc said that China's manufacturing Purchasing Managers' Index will rise to a seven-month high of 50.9 in October, up from 50.2 ...
Tags: domestic demand, Chemicals
It’s been a good few weeks for China’s economic decision-makers. Official data showed exports in August rose 7.2% from a year earlier, surpassing all forecasts. The official purchasing managers’ index (PMI) for ...
Tags: Wrong Growth Path
Preliminary Accounting Results of GDP for the First Three Quarters of 2013 National Bureau of Statistics of China According to the related information, the preliminary accounting results of GDP for the first three quarters of 2013 are as ...
US trucking is "on the cusp" of a capacity crunch, according to American Trucking Associations vice president and chief economist Bob Costello. Costello told the popular All Eyes on the Economy panel that eventually demand for freight ...
Tags: trucking, Transportation
ACT Research president Kenneth Vieth may have summed up the US economic forecast best at ATA's All Eyes on the Economy session when he said "We came through the Great Recession and we are now in the Great Okay." Vieth was referring to ...
Tags: Transportation, trucking
The economic outlook for emerging Asia (Southeast Asia, China and India) remains robust over the medium term, anchored by the steady rise in domestic demand, according to a new report from the OECD Development Centre. Accordingly, GDP ...
Tags: GDP growth
UK production output fell sharply in August, puzzling analysts who had expected only a slight dip. According to the Office for National Statistics (ONS) production output fell 1.5% in August, compared with the same month last year. ...
Tags: Production Output
With home prices and household formations rising and household balance sheets healing, the ongoing housing recovery is expected to gain momentum next year even as several challenges remain, according to economists who participated in the ...
Tags: Construction, Decoration
Following a strong pace of production in the first quarter of 2013, manufacturing production eased in the second quarter but should accelerate growth, according to the quarterly Manufacturers Alliance for Productivity and Innovation U.S. ...
Nothing gets reads like a shadow banking story. Articles on China's local government debt pull page views too, conjuring images of small-town officials erecting enormous stadiums or skyscrapers on the edges of corn fields. Often left out of ...
Tags: Chinese Companies, Debt Crisis
The Euro area's recession came to an end. In the second quarter of 2013 GDP increased by 1.1 percent. For the next months we expect a gradual improvement of economic conditions. Our forecast is based on a continued upturn of business and ...
Tags: economy
The official manufacturing Purchasing Managers' Index is in for August and the numbers are rosy. Sell-siders are happy. China bulls just got one more boost from a lengthening list of comfortable economic figures. “It's a real ...
Tags: Healthy PMI, Medium Firms
China's National Bureau of Statistics has lowered the country's gross domestic product (GDP) growth rate for 2012 to 7.7 percent following a verification of figures. The revised GDP came in at RMB 51.8942 trillion ($8.48 trillion), down ...
Tags: GDP Growth