China's consumer price index, a key gauge of retail inflation, rose 0.8 percent last month, the slowest growth in two years, due to the distortion caused by the timing of the Chinese Lunar New Year. Analysts said the low consumer ...
Tags: retail inflation, vegetables, food prices
China saw plunging new loans in February, largely due to the Lunar New Year holiday and a record credit surge in January. New yuan-denominated lending in February dropped to 726.6 billion yuan ($111.96 billion), 297 billion yuan less than ...
Tags: China's New Yuan, new loans
China's annual economic growth likely slowed to 7.2 percent in the fourth quarter, the weakest since the depths of the global crisis, a Reuters poll showed, which would keep pressure on policymakers to head off a sharper slowdown this year. ...
Tags: economic growth, GDP data
Recent soft economic data including falling property prices have many investors worried about a growth slowdown in China, but Platinum Asset Management sees plenty of investment opportunities. The funds manager said in a note to investors ...
Tags: China Economy
Trader procurement continued to boost spot demand in the Asian iron ore market, as trades got concluded at increasingly higher levels on the day, supporting a firming market. The Platts 62% Fe Iron Ore Index rose $2.75/dmt to $111.50/dmt ...
Tags: Iron Ore Market, spot demand, steelmaker
Social investor and worldwide cooperative, Oikocredit, will increase investments in the agricultural sector in the next three years as part of its agriculture strategy. The strategic investment focus was developed several years ago as ...
What does it take to shake the Chinese market? If stock turmoil in Shanghai and talk of bank default don't strike fear in the heart of the nation, images of a metropolis falling into a chasm will perhaps do the trick. An image from the ...
Tags: Cash Squeeze, Banks
China edged its way toward a credit crunch last week, spooking investors, businesses, analysts – and perhaps more than anyone – the banks themselves. Liquidity in the country's money market appeared to suddenly dry up after a ...
Tags: Risky Economy, credit crunch
The People's Bank of China (PBOC) revealed that four major Chinese banks recorded new loans totaling CNY 245.528 billion in April 2013. By the end of the month, their loan balance had reached CNY 26.9 trillion. Earlier data from the ...
Japan's Sharp booked another huge loss on Tuesday, and unveiled its latest turnaround plan, which includes relying on partnerships with Samsung Electronics and Foxconn Technology Group for business, sacking top management, and expanding ...
Tags: Sharp, LCDs, Electronics
"We're probably seeing three times the volume of applications compared with this time last year," said Adrian Hanley, head of equity lending at NAB. "We have had a significant lift in new client activity in the fourth quarter of 2012." ...
Tags: Margin Lending, Stocks, Australia
Till Becker was appointed executive director at Hess AG last month Hess AG and its subsidiary Hess Lichttechnik GmbH have started insolvency proceedings. Till Becker, sole member of the management board of Hess AG, filed the application ...
Tags: Hess AG, Hess Lichttechnik GmbH, insolvency proceedings