GDP

Bank of China

Chinese Banks' Bad Loan Nightmare

China's credit risk is probably much worse than the official non-performing loan (NPL) data suggests, according to Société Générale's China macro strategist Wei Yao.
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No fast growth rebound for India

No Fast Growth Rebound for India Amid Downgrade Fears

India's economy likely remained in its deepest slump for nine years in the quarter ending in June, but high inflation and polarized politics leave the country's leaders with limited scope to crank up growth.
Asian Shares

Asian Stocks End Lower; Shanghai Plunges 1.74%

Asian stock markets ended lower Monday as concerns over the Chinese economic slowdown offset the expectations for more stimulus measures from the policy makers around world.
South Africa Miners

Digging Deep: Lonmin Struggles To Get South African Miners Back To Work

Lonmin PLC, the platinum producer whose Marikana mine in South Africa was the site of deadly protests during the past several weeks, is pushing for a return to business as usual after an operations shutdown caused by a wildcat strike and a period of national mourning.
Asian Markets

Week Ahead: Asian Stock Markets Likely To Remain Range-Bound

Most Asian markets ended on a negative note last week as disappointing economic reports on China and the euro zone revived concerns over the floundering global economy while the lack of stimulus measures from policymakers also weighed.
Chinese Investments in Africa Since 2010

Global Car Companies Hunt Big Game In Africa's Growing Automotive Market

Global automakers from Renault SA (Paris: RNO) to Ford Motor Company (NYSE: F) to Chinese companies like Geely Automotive are all racing to get a piece of the long-term potential promised by Africa's burgeoning automotive market. The continent's economy is on the rise, and despite very real improvements in the quality of life and standards of living in many African countries, risks for multinational manufacturers remain.
Australia

In Spite Of Cheery Assessments, Some Claim Australian Economic Boom Is Over

In spite of a cheery assessment recently from the country's central bankers that led projections of 2012 GDP to be raised -- to 3.5 percent -- while views on inflation were lowered, recent days have seen growing signs of economic distress emanating from Australia.
Eiffel Tower, Paris

The Most Valuable Monuments In Europe

It lights up the Parisian sky and graces postcards, key chains and holiday photos, but new figures show that the Eiffel Tower is more than just an iconic tourist attraction -- it’s the most valuable monument in Europe.
Eurozone coin

Eurozone 'About To Enter' Second Recession

he Markit Flash Eurozone PMI Composite Output Index, a measure of services and manufacturing order volumes, was 46.6 in August, down from 46.5 in July.
Lagarde

Egypt Seeks $4.8-Billion Loan From IMF

The Egyptian government Wednesday sought a $4.8-billion loan from the International Monetary Fund to help boost the country's economy struggling to recover from a political turmoil since last year's uprising that led to the fall of President Hosni Mubarak.
Sad Clown

What Is The ‘Misery Index’ Saying About Obama's Re-Election Chances?

An unofficial gauge of human misery in the U.S. is now sitting at its lowest level in three years. Not four. In other words, while conditions have improved somewhat, Americans are still feeling miserable under President Barack Obama's watch and that obviously doesn't bode well for Obama's re-election chances.

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