PBOC official said to view London as likely renminbi hub Euronext study expects $5 trillion of Chinese investment Three years ago, Chinese officials said U.K. Prime Minister David Cameron had ... Read More
China’s stock market is in the midst of a reverse Isaac Newton moment. What goes down, must come back up. Way up actually. The Shanghai Composite has soared 11% so far ... Read More
China may be the world’s second-largest economy behind the US, but it has more money in the bank than any other country. Indeed three of the world’s 10 biggest ... Read More
Energy shares tumble on concerns about higher production in Iran, China’s economy U.S. stocks edged higher Monday, though a slump in energy shares kept a lid on the gains. ... Read More
China‘s ambassador to the UK has said that the “UK needs Chinese investment”. Liu Xiaoming was speaking on BBC1’s Andrew Marr Show the day before the start of President ... Read More
The biggest bank in the western world has just come out and declared that the global economy is “already in a recession”. According to British banking giant HSBC, global ... Read More
The economy of the eurozone makes the US economy look like a picture of robust health by comparison. Richard Baldwin and Francesco Giavazzi have edited The Eurozone CrisisA Consensus ... Read More
ECB chief reiterates willingness to ease, yet currency gains Debatable whether more stimulus can weaken euro: Investec Traders are losing their faith in Mario Draghi’s ability to weaken the euro. ... Read More
Foreign sales fall 5.2% in August versus estimated 0.9% drop Imports down 3.1%, trade balance shrinks to EU15.3 billion German exports slumped the most since the height of the ... Read More
Global growth moderate and uneven, forecast at 3.1 percent this year, 3.6 percent in 2016 Disparate fortunes between the advanced and emerging market and developing economies Lower commodity prices ... Read More
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