China Makes Production Cuts, Price Improvements
Jun 14, 2016 23:43 pm UTC| Commentary Economy
Chinas electricity consumption increased slightly in May to 473 billion kWh, up +2.1% from a year ago, according to the National Development and Reform Commission (NDRC). The electricity consumption is one of the three...
IMF calls on China to speed up financial reform in order to avoid systemic debt problems
Jun 14, 2016 13:37 pm UTC| Commentary Economy
Speaking in Beijing, the International Monetary Fund (IMF) deputy MD Lipton commented on the Chinese economy and said the countrys corporate debt is growing at a fast pace. He urged the authorities to speed up financial...
Brexit to hurt capital flows into India, Indian MNCs to suffer setback
Jun 14, 2016 13:31 pm UTC| Commentary Economy
The United Kingdoms referendum scheduled to take place on June 23 that will determine whether UK Remains or Leaves the European Union is likely to hit the Indian sub-continent as well, affecting capital flows amid an...
Two big flaws in the Economists for Brexit plan
Jun 14, 2016 08:47 am UTC| Insights & Views Economy
There are numerous studies showing the economic costs of Brexit and the weight of academic opinion backs these estimates. But the Vote Leave campaign does have a small group of economists who claim that the UK can be...
Is coal the only way to deal with energy poverty in developing economies?
Jun 14, 2016 08:30 am UTC| Insights & Views Nature Economy
As the world moves to combat climate change, its increasingly doubtful that coal will continue to be a viable energy source, because of its high greenhouse gas emissions. But coal played a vital role in the Industrial...
Vital Signs: central bankers longing for growth that may not come
Jun 10, 2016 09:20 am UTC| Insights & Views Economy Central Banks
Vital Signs is a weekly economic wrap from UNSW economics professor and Harvard PhD Richard Holden (@profholden). Vital Signs aims to contextualise weekly economic events and cut through the noise of the data impacting...
Flat-earth economists lead the hysteria over budget deficits
Jun 09, 2016 08:55 am UTC| Insights & Views Economy
Back in the good old days of the 19th century when market economies oscillated between boom and prolonged recession, economists believed that nations were like households. They had to balance their budgets. If they spent...
FxWirePro- Major Economic data for the week
'Wicked' and 'Gladiator II' Smash $270.2M Box Office as 'Moana 2' Teases Record-Breaking Holiday Run