China’s property market keeps on growing even amid the country’s economic slowdown and weak exports. The surge in the real estate sector is contributing positively to the country’s economy as a new economic driver.
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The newly-elected managing director of the IMF, Christine Lagarde, spoke at the Global Women’s Forum 2016 regarding the global economy, especially in the wake of the China economic slowdown. Despite the prolonged slowdown, the IMF foresee that China’s lower growth was deliberate and healthy.
The changes are part of the government's economic stimulus package, expected to boost the country's economic growth and create job openings. Indonesia's new regulations on investment would loosen current restrictions on foreign investments in various sectors, including e-commerce, retail and healthcare.
Hong Kong has been one of the main traders of elephant ivory. The government is about to change that, a move praised by activists and environmentalists.
Downward pressure on China's economy will persist in the second half of the year as growth in infrastructure spending and exports is unlikely to pick up, a senior central bank official was quoted as saying.
Japan's export growth slowed for a second straight month in May, with weak external demand now threatening to erode economic growth in the current quarter.
A surge in imports lifted the U.S. trade deficit in March to its highest level in nearly 6-1/2 years, suggesting the economy contracted in the first quarter.
China's export sales contracted 15 percent in March, a shock outcome that deepens concern about sputtering Chinese economic growth.
Activity in China's mammoth factory sector edged up to a four-month high in February but export orders shrank at their fastest rate in 20 months, a private survey showed, painting a murky outlook that argues for more policy support.
China's factory sector unexpectedly shrank for the first time in nearly 2-1/2 years in January and firms see more gloom ahead, an official survey showed, raising expectations that policymakers will take more action to forestall a sharper slowdown.
Lifting U.S. crude export restrictions could boost domestic oil production and cut gasoline prices, according to a report issued Friday by Columbia University's Center on Global Energy Policy.
Japanese manufacturing activity showed sustained growth in December, a survey showed on Monday, suggesting domestic demand continues to recover after the economy fell into a surprise recession last year.
China's factories looked to have hit an air pocket in November as a private survey showed output falling for the first time in six months, adding to concerns about slowing economic momentum and to the case for further policy easing from Beijing.
The U.S. economy grew at its fastest pace in 2-1/2 years in the second quarter with all sectors contributing to the jump in output in a bullish signal for the remainder of the year.
Nissan Motor Co Ltd will build 1 million cars in Mexico by 2016, cementing the country's position as the export hub for the Japanese automaker in the Americas, Chief Executive Carlos Ghosn told Reuters as he inaugurated a $2 billion plant.
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