HONG KONG — Every weekday morning this year, China’s currency has followed the same ominous path.
The central bank in Beijing fixes the initial value for the renminbi, the center point for the currency’s daily trading range.
Showing posts with label Economic activity. Show all posts
Showing posts with label Economic activity. Show all posts
Wednesday, February 25, 2015
Thursday, July 31, 2014
China's local GDP data points to recovery, rebalancing
(Reuters) - China's regional economies enjoyed a revival in growth in the second quarter, data from provincial governments showed, chiming with earlier figures that suggest a burst of government stimulus measures is re-invigorating activity.
Friday, July 25, 2014
South Korea Unveils $11 Billion Growth Plan as Economy Weakens
South Korea unveiled 11.7 trillion won ($11.4 billion) in government initiatives to shore up Asia’s fourth-largest economy after growth slumped to the weakest pace in more than a year in the second quarter.
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