Nov 1, 2015

China's manufacturing contracts for third straight month

China’s manufacturing contracted for the third consecutive month in October in a sign of weakness in the world’s second-largest economy. The National Bureau of Statistics said Sunday that China’s purchasing managers’ index was 49.8 for October, the same figure as September. A PMI reading ...

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 ...

China economic growth slows to 6.9%, weakest since 2009

Oct 19, 2015

China economic growth slows to 6.9%, weakest since 2009

China on Monday logged its worst economic performance since the global financial crisis with analysts warning it is likely to worsen and the government needs to do more to avert a sharp slowdown. Gross domestic product in the world’s second-largest economy grew at just ...

Sep 30, 2015

Abe's ¥600 trillion GDP goal called 'impossible'


After enacting contentious security bills earlier this month, Prime Minister Shinzo Abe has declared that he is refocusing on the economy, with the goal of boosting gross domestic product by 20 percent to ¥600 trillion in 2020. The figure has been met with deep ...

Sep 30, 2015

Industrial output drops unexpectedly for second month

Japan’s industrial output unexpectedly fell in August, raising concern that the economy may have fallen back into its second recession since Prime Minister Shinzo Abe took government. The slump in production is likely to intensify debate on the need for Abe’s administration to increase ...

Sep 25, 2015

U.S. economy grew at 3.9% rate in April-June quarter

The U.S. economy grew at an even faster clip in the spring than previously estimated. But there is concern that growth slowed in the summer, held back by global headwinds and turbulent financial markets. The Commerce Department said Thursday the overall economy expanded at ...