Business Topics

Jan 25, 2017

EU asks China to open markets following free trade support

The European Union ambassador to China welcomed its endorsement of free trade in the face of U.S. President Donald Trump’s promise to restrict imports and appealed to Beijing on Wednesday to make good on that sentiment by lowering its own market barriers. Hans Dietmar ...

Manufacturing surge, labor crunch show U.S. economic health, Fed says

Jan 19, 2017

Manufacturing surge, labor crunch show U.S. economic health, Fed says

A pickup in manufacturing, “widespread” reports of labor shortages and improving business investment set the stage for the Federal Reserve’s December rate hike amid signs of steady economic growth across the country, the Fed reported Wednesday in its latest Beige Book compendium of economic ...

BOJ lifts assessment of three regional economies

Jan 16, 2017

BOJ lifts assessment of three regional economies

The Bank of Japan on Monday lifted its economic assessment of three of the country’s nine regions, citing a pickup in consumer spending. “The effects of the decline in stock prices after early 2016 and of the irregular weather seen that summer has waned,” ...

Jan 16, 2017

Wholesale prices logged 3.4% drop in 2016

Wholesale prices in 2016 fell 3.4 percent to log their second consecutive annual decline as the yen advanced and crude oil prices sank on the back of slowdowns in China and other emerging economies, the Bank of Japan said Monday. The data cast a ...