Feb 12, 2016

Japan's economic roller coaster is headed for another dip

After three years of Abenomics and record monetary stimulus from the central bank, the economy still cannot escape a roller-coaster cycle of expansion and contraction. The next round will commence on Monday, when gross domestic product data for the fourth quarter are released. The ...

China's annual growth slows to 6.9%, weakest in 25 years

Jan 19, 2016

China's annual growth slows to 6.9%, weakest in 25 years

China’s economy grew at its weakest pace in a quarter of a century last year, raising hopes Beijing would cushion the slowdown with more stimulus policies, which in turn prompted a rally on the country’s roller-coaster share markets. Growth for 2015 as a whole ...

Japan policymakers fearful of constantly dodgy data

Jan 9, 2016

Japan policymakers fearful of constantly dodgy data

Prime Minister Shigeru Yoshida joked almost 70 years ago that if Japan had kept better data, it might never have started a war with the U.S. His grandson, Finance Minister Taro Aso, worries about flawed statistics that could mislead economic policymakers today. While Japan ...

Dec 31, 2015

Argentina declares 'national statistical emergency'

Argentina declared a “national statistical emergency” Wednesday, saying it will stop releasing data on the economy until the government statistics agency is overhauled and its numbers can be trusted. The move is conservative President Mauricio Macri’s latest assault on the economic policies of his ...

China eyes huge deficit to cushion reforms, slowing growth

Dec 30, 2015

China eyes huge deficit to cushion reforms, slowing growth

China could run its biggest budget deficit in perhaps half a century next year as leaders turn to government spending to arrest the slowdown in the economy, policy advisers say, after a year of easing monetary policy has brought disappointing results. The government is ...