Business Topics

Oct 26, 2015

United Auto Workers, General Motors reach contract agreement

The United Auto Workers union and General Motors Co. have reached a tentative agreement on a new four-year contract, avoiding a strike for now. The UAW said the agreement was reached at 11:43 p.m. Sunday, 16 minutes before the deadline it had set to ...

Oct 26, 2015

Amid calls for reform, China kicks off meeting on new five-year plan

China’s communist leaders gathered Monday to plan the country’s course for the next five years, official media reported, as the world’s second largest economy confronts slowing growth and structural inefficiencies. Beijing has pledged to tackle economic malaise and rampant pollution as it faces increasing ...

Oct 24, 2015

Views mixed over BOJ easing after Aso's remarks

Finance Minister Taro Aso’s remarks Friday brushing aside an immediate need for additional monetary easing by the Bank of Japan helped create mixed views among financial market players over whether it will take action at its next policy-setting meeting, set for Friday. Expectations had ...

BOJ to snip GDP, inflation forecasts for 2015, 2016

Oct 23, 2015

BOJ to snip GDP, inflation forecasts for 2015, 2016


The Bank of Japan will cut its growth and inflation outlook for this fiscal year at a rate review next week, but only slightly tweak its projections for next year, sources said, possibly tempering expectations that the central bank will soon ease monetary policy ...

Oct 21, 2015

Aussie Labor Party clears path to landmark China trade pact

Australia’s main opposition Labor Party said on Wednesday it was dropping its final objections to the passage of a landmark free trade agreement with China, clearing the last impediment to its ratification before the end of the year. China and Australia sealed the trade ...