No sign of economy rebalancing in latest China PMIs

January 6, 2016

China's Huang Qiushuang performs on the balance beam during the women's gymnastics team final in the North Greenwich Arena at the London 2012 Olympic Games July 31, 2012.   REUTERS/Mark Blinch (BRITAIN  - Tags: SPORT OLYMPICS SPORT GYMNASTICS)   - RTR35RC6

Chinese manufacturing has been in the dumps for a long while. But that was supposed to be offset by a government-induced shift in the economy toward domestic consumption, which underpins Beijing’s optimistic outlook for growth this year.

UK bank stress tests do not clear fog over China risk

December 22, 2015

British banks survived the Bank of England’s 2015 stress tests largely unscathed, but the assessment published earlier this month also underscored the vulnerability of the UK banking system to China.

Prospects still slim for major global economic pickup

December 22, 2015

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The world economy may be set for another year like 2015, with modest growth in developed economies offsetting persistent weakness elsewhere but generating very little inflation and keeping interest rates low.

We need to talk about Hong Kong’s property market. Again.

December 3, 2015

Fireworks with the word "Win" explode over Victoria Harbour to celebrate the Chinese Lunar New Year in Hong KongWill 2016 be the year when the seemingly bullet-proof Hong Kong real estate market finally cracks?

What’s China gonna do? Forget about it. What’s Yellen gonna do?

October 30, 2015

By now, you’ve probably heard this catchy song about China’s five-year plan on Youtube. If not, take a listen.

Another quarter of remarkably precise China GDP growth data

October 19, 2015

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Murky data fuel doubt over where emerging markets really stand

October 2, 2015

European Economic and Financial Affairs Commissioner Moscovici and IMF Managing Director Lagarde speak as they wait for a group photo of the G20 Finance Ministers and Central Bank Governors in AnkaraIf emerging markets are to lead global economic performance one again as they did in recent years, an important foundation will be to convince as many people as possible that reported growth data are as accurate as they can possibly be.

China’s falling imports an ominous sign for the global economy

September 8, 2015

A cargo ship waits to be loaded with shipping containers at a port in QingdaoIf the most populous country in the world, as well as the largest consumer of raw materials, starts shying away from imports, that means global demand and, by extension, the world economy is taking a real hit.

Fed on horns of not-so-bullish dilemma: markets or economy?

August 25, 2015

The Federal Reserve increasingly looks stuck on the horns of a not-so-bullish dilemma: should it pay attention to global developments in financial markets, which argue for pause, or should it focus squarely on U.S. economic data, which suggest the time is nigh to hike?

Euro zone’s best growth days may already be in the rear-view mirror

August 21, 2015

The latest euro zone flash purchasing managers’ indexes may have surprised slightly on the higher side, but many are still not convinced that better economic growth is coming later this year.