Economy
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China’s economy grew 6.9 percent in the first quarter of 2017
Apr 17, 2017News Hour: China’s economy grew 6.9 percent in the first quarter of 2017, government data showed on Monday, beating expectations in the latest sign of stabilization in the world’s second-largest economy. The reading was better than... -
WTO expects global trade to rebound slightly in 2017
Apr 14, 2017News Hour: The World Trade Organization said on Wednesday it expected global trade to rebound slightly in 2017 but warned the threat of protectionism and other uncertainties risked hampering the recovery. The organization forecast that global... -
Prices for goods at the factory gate in China jumped in March
Apr 12, 2017News Hour: Prices for goods at the factory gate in China jumped in March, the government said Wednesday, in a positive sign of strengthening demand for the world’s second-largest economy. The producer price index (PPI) rose... -
Oil price rose towards $56 a barrel supported by another shutdown at Libya’s largest oilfield
Apr 10, 2017News Hour: Oil rose towards $56 a barrel on Monday, supported by another shutdown at Libya’s largest oilfield, tension over Syria following the U.S. missile strike and signs that an OPEC-led supply cut is helping to... -
ADB forecasts Cambodia’s economic growth to remain robust
Apr 7, 2017News Hour: Cambodia’s economy is expected to remain strong over the next 2 years, driven by solid garment and footwear exports, construction and real estate activities, rising government expenditure, and a moderate recovery in agricultural production,... -
The number of Russians living in poverty reached nearly 20 million last year
Apr 7, 2017News Hour: The number of Russians living in poverty reached nearly 20 million last year — a decade high — after sanctions over Ukraine and an oil crisis battered the economy, official figures showed on Wednesday.... -
Australia’s central bank held interest rates at a record low 1.50 percent for a 7th straight meeting
Apr 5, 2017News Hour: Australia’s central bank held interest rates at a record low 1.50 percent for a seventh straight meeting on Tuesday as it juggles a booming property market with mixed economic data. The Reserve Bank of... -
Confidence among Japan’s biggest manufacturers rose for the second straight quarter
Apr 3, 2017News Hour: Confidence among Japan’s biggest manufacturers has risen for the second straight quarter, a key central bank survey showed on Monday, as companies forecast a weaker yen. The Bank of Japan’s Tankan report — a... -
Improved VAT procedures expected to make paying taxes easier
Apr 3, 2017News Hour: The Ministry of Finance launched today the new Implementing Instructions for the revised value-added tax (VAT) Law, which were approved in January 2017. The revised instructions will make the tax collection procedures more transparent.... -
China’s manufacturing activity expanded slightly in March
Apr 2, 2017News Hour: China’s manufacturing activity expanded slightly in March, independent figures showed on Saturday, suggesting steady but slowing growth in the world’s second-largest economy. The figures compare with an official reading Friday hinting that a years-long...
