Renminbi Series: Next phase in China crisis about to begin
Nov 30, 2016 08:42 am UTC| Commentary Economy
The biggest threat to theglobal economy is China, thesituation where could worsen with the return of inflation in the United States and other parts of the world. According to Morgan Stanley, the debt level in China rose to...

Nov 30, 2016 06:55 am UTC| Commentary Economy
Foreign direct investment in Indonesias manufacturing is expected to reach a record-high of USD17 billion this year, with the overall FDI already having gone up, excluding that in the area of mining. If FDI can be...

U.S. consumer confidence reaches highest since global financial crisis on labor market optimism
Nov 30, 2016 06:14 am UTC| Commentary Economy
Consumer confidence in the United States peaked to its highest level since the global financial crisis in 2007-2008, eyeing optimism in the countrys labor market, which is nearing full employment amid asolid rise in the...
U.S. business spending remains mixed in Q3, signals a favorable growth profile
Nov 30, 2016 05:34 am UTC| Commentary Economy
Business spending in the United States remained mixed during the third quarter of this year, while corporate profits returned to positive growth during the period, indicating a favorable growth profile of the economy, at...
U.S. Q3 economic growth registers best performance in 2 years, cements case for Dec Fed rate hike
Nov 30, 2016 05:14 am UTC| Commentary Economy
Economic growth in the United States registered its best performance in two years, during the third quarter of 2016, further cementing hopes for a Fed fund rate hike in the December 13-14 monetary policy meeting. A strong...

Chart of the Day: Breaking crisis ceiling
Nov 29, 2016 18:10 pm UTC| Commentary Economy
This chart shared by zerohedge.com shows the crisis ceiling is finally cleared as the home prices soared above the peak made on July 2016. The average home price for September was 0.1 percentabove the July 2006 peak in...

India's golden quest to tackle 'black money' and the lessons from a century ago
Nov 29, 2016 17:19 pm UTC| Insights & Views Law Economy
The Indian government has been trying to reduce its citizens demand for imported gold through a number of means over the last few years. This is part of a wider crack down on currency used in the black market, that...