Search Results for: Chinese GDP
Oil Rises After Chinese GDP Surprises at 7.3% in Q3
October 21st, 2014
West Texas Intermediate and Brent crudes advanced after Chinese economic growth exceeded analysts’ estimates, signaling stronger fuel demand in the world’s second-biggest oil consuming country. Futures rose as much as 1.5 percent in New York and 1.2 percent in ...
Facial recognition technology breaches GDPR says Vestager
February 19th, 2020
Margrethe Vestager, EU’s tech chief Margrethe Vestager said on Thursday that facial recognition technologies breach the need to give consent, which is stipulated in Europe’s data protection rules (GDPR). However, the Commissioner backed their use in case of public ...
We should ditch GDP as a measure of economic activity
October 10th, 2018
This article exposes the false economic concepts behind GDP, which is only the visible tip of a large iceberg of economic deceit. Describing an increase in GDP as economic growth owes its meagre validity to imprecise definition. An ...
Euro rose against the Dollar, Chinese Yuan continued to weaken; Big week for currency markets
July 31st, 2018
Major currencies largely stuck to familiar ranges on Monday as investors shied away from taking big positions ahead of a flurry of crucial economic data and central bank monetary policy meetings this week. The Bank of Japan ends a ...
Dollar, North Asia stocks firm on positive U.S. GDP data
March 28th, 2016
The dollar firmed on Monday and stocks in North Asia rose after fairly strong consumer spending led to an upward revision in U.S. economic growth in the fourth quarter, helping to underpin investor sentiment. “As long as the U.S. ...
Chinese stocks rally on rumored mortgage tax break
December 2nd, 2015
Chinese markets rallied Wednesday afternoon on speculation of an upcoming incentive to be announced by Beijing to boost the country’s lagging property market. Elsewhere, other Asian equities ended lower on Wednesday as sentiment remained shaky in the region, with ...
Oil prices slip as China Q3 GDP growth falls
October 19th, 2015
Oil prices dipped on Monday as China’s economic growth eased in the third quarter to grow at the slowest pace since the start of the global financial crisis. Brent for December delivery was down 18 cents at $50.28 a ...
Index Futures Drop With Asia Stocks After China GDP; Euro Rises
October 19th, 2015
Economy expands 6.9% in third quarter, beating estimates Gold retreats with copper as metals slide in data’s wake U.S. and European equity-index futures retreated with Asian shares and commodities after China reported the slowest economic growth since 2009. Treasuries ...
Chinese economy concerns wipe $40bn off value of Apple
July 23rd, 2015
Fall in share price of world’s biggest company mirrored by slide in stocks in mining and commodity firms to their lowest level since market crash of 2008 Growing concerns about the health of the Chinese economy helped wipe $40bn off the ...
China can cut 2015 GDP growth target to seven percent
October 29th, 2014
China can cut its economic growth target to 7 percent next year without hurting its labor market, the World Bank said on Wednesday even as it urged Beijing to get rid of rigid growth objectives. At its thrice-yearly review ...