Economic review

China should not be blamed for unemployment in America, Europe: expert

2018-06-19 01:49:03

China should not be blamed for the unemployment in America and Europe,a geo-political expert wrote in an article published on Eurasia Future on Monday. Full Story

Fed cautions economic headwinds, ponders rates hike pace

2018-11-16 12:47:34

While largely optimistic about a continued strong performance of the U.S. economy, Federal Reserve Chairman Jerome Powell has cautioned that potential headwinds are on the way and said that the central bank has to think about the pace of raising interest Full Story

Aussie iron ore company to produce higher grade product to meet China's demand

2018-11-16 11:12:20

Australia's iron ore company Fortescue Metals Group Chief Executive Elizabeth Gaines has confirmed the Aussie miner will begin producing a new higher grade iron ore product in response to demand from China. Full Story

U.S. crude oil refinery inputs increase last week: EIA

2018-11-16 07:46:46

U.S. crude oil refinery inputs increased in the week ending Nov. 9, the U.S. Energy Information Administration (EIA) said in a report on Thursday. Full Story

Uganda assures Chinese investors of security after series of attacks

2018-11-15 06:04:46

Ugandan President Yoweri Museveni on Wednesday announced new security measures to protect the Chinese business community that has faced a series of gang attacks. Full Story

Kenya eyes more Chinese investments to boost industrial capacity

2018-11-15 06:02:51

Kenya hopes more Chinese investors will come to the east African country to boost its industrial capacity, officials said on Wednesday. Full Story

UK inflation remains above target but Brexit handicaps central bank options

2018-11-15 06:01:27

Britain's inflation remained above the central bank's target level in data released on Wednesday, but the Bank of England (BoE) remains unable to make a timely response while uncertainty hangs over the Brexit process. Full Story

Tencent reports 24 pct revenue growth in Q3

2018-11-15 00:20:35

China's Internet giant Tencent on Wednesday posted 24 percent year-on-year revenue growth in the third quarter, raking in 80.6 billion yuan (around 11.6 billion U.S. dollars). Full Story

Ministry of Commerce to up support for China's private enterprises

2018-11-15 00:11:41

Chinese Minister of Commerce Zhong Shan said Wednesday that the ministry would provide full support for the development of private enterprises. Full Story

Aussie gov't to spend 1.4 bln USD to boost small business

2018-11-14 13:29:42

Australian Treasurer Josh Frydenberg has announced 2 billion Australian dollars (1.4 billion U.S. dollars) in funding to lower the cost of borrowing for small businesses. Full Story