SHANGHAISINGAPORE, Sept 15 Reuters China39;s central bank rolled over maturing mediumterm policy loans while keeping the interest rate on them unchanged on Friday, boosting liquidity after a similar move the previous day. Market participants believe that a weakening Chinese yuan has constrained the central bank39;s efforts to aggressively lower interest rates after two reductions to […]
Sept 15 Reuters China39;s August coal output rose 2 from a year earlier, rebounding modestly after tightened safety measures reined in operations at the major mining hubs the month before, although analysts expected the curbs would continue to constrain production. China, the world39;s biggest coal producer, churned out 382.17 million metric tons of the fossil […]
BEIJING, Sept 15 Reuters China39;s industrial output grew 4.5 in August from a year earlier, accelerating from the 3.7 pace seen in July, suggesting that the recent flurry of support measures may be starting to slowly stabilise a stumbling economic recovery. The data released on Friday by the National Bureau of Statistics NBS beat expectations […]
JAKARTA, Sept 15 Reuters Indonesia39;s trade surplus soared to twice the forecast amount in August as imports such as raw materials and capital goods fell more than expected, government data showed on Friday. The surplus for Southeast Asia39;s biggest economy was 3.12 billion, the statistics bureau reported, far above the 1.55 billion median forecast of […]
Sept 15 Reuters A walkout by more than 12,000 autoworkers on Friday could slow an outperforming U.S. economy should it drag on even risking the first monthly net drop in payroll employment in nearly three years but is unlikely on its own to trigger a recession. Economists see the most immediate risk to activity concentrated […]
China39;s industrial production, consumption indicators show improvement Property investment tumbles, private investment shrinks Real estate sector remains major drag on economic revival Analysts expect more policy support to sustain growth momentum BEIJING, Sept 15 Reuters China39;s factory output and retail sales grew at a faster pace in August, but tumbling investment in the crisishit property […]
SEOUL, Sept 15 Reuters South Korea39;s housing market climbed for a second straight month in August, data showed on Friday, with prices rising across the country. The nationwide house transaction price index rose 0.16 in August, after snapping a 13month downtrend in July with a 0.03 increase, according to Korea Real Estate Board. It was […]
SINGAPORETOKYO, Sept 15 Reuters Long before labour unrest at liquefied natural gas LNG plants threatened to disrupt supplies, Australia was on track to lose its crown as the world39;s top exporter due to green government policies, measures to protect domestic energy needs and expansion plans from Qatar and the United States. Workers at two LNG […]
Sweden39;s property prices slide Top residential landlord reveals search for cash Government ready to help sector but hopes to avoid STOCKHOLM, Sept 15 Reuters For months, Sweden39;s government has sought to play down a property crisis that has throttled confidence in the Nordic state, repeating a simple message While some companies are in trouble, the […]