Jan 31
China had almost 1.6 trillion yuan ($234 billion) of new lending this month as of Jan. 29, the Economic Information Daily reported today on its Web site, without citing anyone.
Industrial & Commercial Bank of China Ltd. had more than 170 billion yuan of lending as of Jan. 29, the newspaper publi...
Jan 31
Conditions in China's manufacturing sector continued to improve in January as rising domestic and export orders and output lifted the HSBC Manufacturing Purchasing Managers' Index to the highest level in its near-six year history.
But price pressures also appear to be growing, the results releas...
Jan 31
Chinese manufacturing sector growth decelerated in January while input price pressures continued to build, according to data released by the China Federation of Logistics and Purchasing (CFLP) Monday.
China's semi-official purchasing managers index fell to 55.8 in January from 56.6 of December o...
Jan 30
U.S. stocks are stumbling into February, and a fresh batch of economic reports this coming week is likely to dictate investor sentiment.
After a hefty dose of earnings the past two weeks, investors will turn to reports from ADP on payrolls, the ISM on nonmanufacturing growth and U.S. government ...
Jan 29
Speculation that China could step in as a buyer of debt from the embattled Greek government is generating considerable excitement, but the bond market could be disappointed if opinions within the Chinese bureaucracy are anything to go by.
The Chinese government has been known to make investment d...
Jan 29
Headline economic growth was an annualized 5.7 pct last quarter, but net of inventory rebuilds the gain was only 2.2 pct. Meanwhile, prices rose at a 2.7 pct rate. The payments balance and savings rate improved, but U.S. growth is sluggish -- and inflation looks to be edging up.
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Jan 29
The release of Friday morning's January employment data looms in the week ahead, overshadowing most of the other economic data on the calendar during the week.
The January employment report on Friday at 8:30 ET presents a few challenges. First, it will include revisions in the annual benchmark r...
Jan 29
Employment expenses in the U.S. rose 0.5 percent in the fourth quarter, capping a year in which wages and benefits posted their smallest increase on record.
The rise in the employment cost index, more than anticipated, compares with a 0.4 percent gain in the third quarter, Labor Department figur...
Jan 29
Eurozone inflation accelerated for the sixth straight month in January to an annual rate of 1.0%, according to Eurostat's preliminary estimate released on Friday.
Before the release of preliminary German results this week, which surprised on the downside, most analysts had expected a higher annu...
Jan 29
The eurozone's unemployment rate resumed its climb in December after a pause in November, reaching a new 11-year high of 10.0%, according to seasonally adjusted data released Friday by Eurostat.
Due to rounding, the trend in the jobless rate masks the marked slowdown in the monthly rise of unemp...