Business | Economy
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Wednesday Jul 30
As Fed meets, key issues likely to stay unanswered
It is expected to announce that it’s reducing its monthly bond purchases from $35 billion to $25 billion
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Wednesday Jul 30
US economy bounces back strongly in second quarter
Broad-based rebound after first-quarter slump
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Wednesday Jul 30
Australia rules out new sanctions against Russia
Abbott not considering following the US and EU by increasing sanctions aimed at pressuring Putin into ending his country’s support for separatists
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Wednesday Jul 30
As sanctions pile up, Russians’ alarm grows over Putin tactics
Roughly 50% of the economy is state-run, and the loyalty of those who direct such companies to Putin remains absolute
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Wednesday Jul 30
Sanctions aim at Russia’s ability to tap oil reserves
US, EU went beyond previous moves against banking, defence industries in effort to curb Russia’s access to Western technology
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Sunday Jul 27
Coal reserves offer no relief to energy-starved India
Analysts call for longer-term solutions to avert immediate crisis in an economy dependent on coal imports despite large domestic reserves
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Saturday Jul 26
Germany to reject EU-Canada trade deal
Berlin against clauses outlining legal protection offered to firms investing in the 28-member bloc
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Friday Jul 25
Geopolitical crises help push German business morale to lowest since Oct
More than 6,000 German firms are active in Ukraine and some are worried that tensions there will take their toll on business
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Friday Jul 25
British economy grows to above pre-crisis level
Economy now 0.2% bigger than before its pre-crisis peak in early 2008
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Thursday Jul 24
Global economy starts second half on solid footing: Purchasing Managers’ Index
China manufacturing PMI hits 18-month high and Eurozone composite PMI rises to three-month high
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Thursday Jul 24
Japan trade deficit at record $75b in first half
Exports failed to keep pace with surging imports, the Finance Ministry reported Thursday
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Thursday Jul 24
China probes 581 firms, restaurants as food safety scare spreads
China food regulator visits food-related businesses and sends out 875 staff to conduct inspections
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Thursday Jul 24
Asian economies to struggle on weak export demand
Asian growth outlook dims with feeble China, India recovery
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Thursday Jul 24
Turkish central bank leaves inflation forecasts unchanged
Turkey’s central bank left its inflation forecasts unchanged for this year and next, and painted a rosy picture of the outlook for growth
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Thursday Jul 24
Japan readies hydrogen-powered fuel subsidies in bet on Toyota’s next big thing
Abe’s planned consumer rebates of at least $20,000 per vehicle would be the largest government support plan for hydrogen vehicles yet
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Wednesday Jul 23
Russia set to raise growth forecast despite sanctions threat
The European Union and United States imposed in April only limited sanctions on Russia that target individuals and businesses
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Wednesday Jul 23
South Korea second quarter GDP seen slowing as government works on stimulus
Government due to unveil stimulus steps on Thursday
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Wednesday Jul 23
IMF sees Chile’s economy accelerating next year, welcomes reforms
GDP in the world’s top copper exporter is seen expanding by 3.2% this year and 4.1% in 2015
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Wednesday Jul 23
DCCI hosts organising committee meet for major events in October
Meeting discusses preparations for Africa Global Business Forum and World Islamic Economic Forum with Government departments
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Tuesday Jul 22
Foreign exchange trading faces SFO criminal investigation
Serious Fraud Office has launched a criminal investigation into alleged rigging of the 3 trillion-a-day foreign exchange markets
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Tuesday Jul 22
Swiss exports rose in June, but demand in Europe softens
Sales of chemical and pharmaceutical products increases
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Tuesday Jul 22
China’s Xi signs Venezuela resource deals on LatAm blitz
His latest stop on a Latin American tour showcasing Beijing’s growing influence in the region
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Tuesday Jul 22
Insiders worry China’s stimulus focus delays reform drive
Delaying the planned overhaul of the world’s second-largest economy
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Tuesday Jul 22
Top US banks see loan losses fall amid stricter lending standards
Lower-than-expected loan losses and the sale of non-performing assets have enabled the big banks to release reserves, helping to flatter earnings
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Tuesday Jul 22
Policy changes boost confidence in Indian banks
Policymakers are stepping up efforts to make lenders more resilient after the RBI warned of increased risks to their stability last month
