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Developed Countries Suffer Wage Squeeze - Minimum Wages Key To Cutting...
The global crisis has had significant negative repercussions for labor markets in many parts of the world, and recovery is proving uncertain and elusive. Wage growth remains far below pre-crisis levels...
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South Korea’s Faltering Economy: Market Participants Call For Stimulus Measures
With South Korea’s economy continuing to falter, market participants have renewed their call for urgent policy easing measures in the coming months to attain a firm growth recovery.The revised data...
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Reform Is Coming To China: A Farewell To The Planned Economy?
Photo: REUTERS/Petar Kujundzic
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Chinese Economy In 2013: Following The Old Growth Pattern?
Photo: ReutersChina's credit-fueled growth.
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India's Industrial Output Increases By 2.4% In January Following Pickup in...
India's industrial output increased by 2.4 percent in January after contracting by 0.6 percent (revised from 0.5 percent) in December, as the manufacturing activity picked up following an increase in...
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Despite Grim Outlook For European Hiring, US, Asian And Latin American...
Employer hiring confidence is dragging in recession-plagued Europe, but in Asia, Latin America and especially the United States, robust hiring levels are returning, according to a survey released Tuesday.
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Japan Parliament Approves Haruhiko Kuroda As BOJ Governor; Bold Fiscal...
Japan’s parliament approved the nomination of former Asian Development Bank president Haruhiko Kuroda as the next Bank of Japan (BOJ) governor on Friday, clearing the way for more aggressive monetary...
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Asian Economies To Outperform In 2013; ASEAN Countries’ GDP Growth In The...
Photo: Standard Chartered BankAsia may not be booming, but it is growing sustainably.
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India Central Bank Cuts Repo, Reverse Repo Rates, CRR Unchanged; Rules Out...
India's central bank, the Reserve Bank of India cut key interest rates for the second time in three months in an attempt to boost economic growth, which has hit a decade low. However, the central bank...
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Poorest Of The Poor: UN Releases Report On World’s 'Least Developed Countries'
Forty-eight countries, from Afghanistan to Zambia, made the U.N.’s list of Least Developed Countries of 2012, a rather dubious honor, to say the least.Thirty-three of the 48 countries are in Africa....
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China PMI: March Data from HSBC's Flash Manufacturing Report Suggests Uptick...
China's manufacturing sector saw improvement in March following a near-flat February, according to preliminary data released on Thursday by HSBC.The flash manufacturing Purchasing Managers’ Index...
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OECD Report Says China's Economy Will Overtake US Economy By 2016
China's economy, which has experienced a declining rate of growth for three years, is accelerating and will surpass the United States as the world's largest economy by 2016, according to the...
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Tax Rates On Individual Workers' Pay In OECD Member Nations Rose In 2012, Led...
European countries led the 2012 global rise in taxes among members of the Organisation for Economic Co-operation and Development (OECD).Among the OECD nations the average tax and social security...
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Brazil, Russia, India, China, South Africa – The BRICS Nations – Propose...
Two of the world’s top development banks are both based in Washington, D.C., which is part of the reason why the International Monetary Fund and the World Bank are often viewed -- justifiably or not --...
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Indian Women Get Back To Work Faster Than Western, Japanese Counterparts: Report
Educated women in India are managing the demands of their careers and family obligations far better than their peers in the West and Japan, according to a new research report to be released next week...
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China’s Industrial Profits Extend Gains In Jan-Feb Period
Shanghai, China -- Profits at Chinese industrial companies surged in the first two months of 2013, official data showed on Thursday, extending a four-month streak of gains amid a broader recovery in...
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India's Current Account Deficit Touches Record High For Third Quarter On...
India’s current account deficit hit an all-time high of 6.7 percent of the country's GDP for the quarter ended December 2012, raising concerns over Asia’s third largest economy’s weak finances.India's...
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Japan's Factory Output Posts Surprise Decline In February
Japan’s industrial output fell unexpectedly 0.1 percent in February, against analysts’ estimate of a 2.5 percent increase, indicating that the world’s third-largest economy is in for a slow recovery....
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China March Official Manufacturing PMI At 11-Month High; HSBC Final PMI...
SHANGHAI -- Manufacturing activity in China picked up speed in March, official data showed on Monday, although the figure came in slightly below analysts’ expectations.China's official manufacturing...
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Bank Of Japan Announces Aggressive Monetary Easing Measures; Nikkei Soars...
The Bank of Japan Thursday announced a strong monetary easing campaign that sent the Japan markets soaring high, while the yen slipped over 1 percent against the dollar.The aggressive monetary easing...
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