Global economic growth will be muted over the next two years, Moody's Investors Service has said in a quarterly report. According to the report titled “Global Macro Outlook 2015-16: Risks to muted global growth from Chinese asset ...
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
Iron ore prices may be up for another dive as Chinese steel mills take a breather after the summer production peak, analysts say. The benchmark iron ore price plunged to a fresh five-year low to $US84.30 a tonne on Thursday night, and ...
Tags: Metallurgy, Mineral, Energy, Iron Ore
Residents in Tangshan are very familiar with the concept of oversupply. A severe glut in the steel industry has put many jobs at risk in the northeastern Chinese city that counts the metal as one of its primary exports. But the oversupply ...
Tags: Housing Market, Crashing Down
Home prices in 20 major U.S. cities rose in October by the most in 20 years, according to Standard & Poor's. S&P's Case-Shiller index said property prices rose 13.6% from October 2012 in the 20 cities, the most since February 2006, after ...
The average home prices in 100 major cities in China rose 0.68% in Novermber from October to RMB10758 per sq m, according to a natioingl property price index released by the China Index Academy Sunday. This marked the 18th consecutive ...
Tags: Home Price, Construction, Service
China's central bank said on Tuesday that it will continue its hands-off stance on the money market, as it maintains a "stable" monetary policy that facilitates the nation's essential structural reforms. The central bank "will neither ...
Tags: Central Bank, Hands-off Policy
A year ago, rising domestic property prices would most likely have prompted policymakers to reach into the cupboard and pull out a blanket and smother them. Former premier Wen Jiabao, who stepped down in March, oversaw a nearly ...
Tags: Real Estate Measures
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
NEMA's Lighting Systems Index increased in the first quarter of 2013 following a 3.4 gain in the fourth quarter of 2012, growing 5.4 percent on a quarter-to-quarter basis and by 3.8 percent on a year-over-year basis. Lighting equipment ...
Tags: Lighting Equipment, Lighting Systems, Lights, Lighting
Australian shares have fallen as investors nervously wait for an update on economic stimulus measures in the US. The benchmark S&P/ASX200 index was down 11.5 points, or 0.24 per cent, at 4814.4. The broader All Ordinaries index was down ...
Tags: Australian Shares, Investors
THE dollar tumbled to its lowest level in eight months after China announced new measures to cool property prices, fuelling speculation that demand for Australia's commodities might weaken. The Aussie also fell after local data showed ...
Tags: economy, real estate
NEMA’s Lighting Systems Index increased in the fourth quarter of 2012 after a decline in the third quarter, growing 1.9 percent on a quarter-to-quarter basis and by 3.3 percent on a year-over-year basis. Lighting equipment demand has ...
The Australian dollar tumbled to its lowest level in eight months in Asian trading yesterday after China announced new measures to cool property prices, fuelling speculation that demand for Australia's commodities may weaken. The dollar ...
Tags: Australian dollar, commodities, trading
Xinhua reported that Chinese authorities vowed Sunday to focus on quality and efficiency of economic growth in 2013, demonstrating their determination to ensure sustainable and healthy economic development after the previous pursuit of ...
Tags: economic growth, economic policies, central economic work conference