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Economic events

China announces more measures to bolster its stalling economy

by Walter Watson
China announces more measures to bolster its stalling economy

China has announced in the past week a series of measures aimed at boosting its economy ahead of a key Politburo meeting later this week focused on reviewing the first …

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JPMorgan, Citi, Goldman cut China GDP forecast a few times this year

by Walter Watson
JPMorgan, Citi, Goldman cut China GDP forecast a few times this year

Workers load goods for export onto a crane at a port in Lianyungang, Jiangsu province, China June 7, 2019. Reuters BEIJING – International investment firms have changed their China GDP …

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Let’s talk about the Dow

by Walter Watson
Let’s talk about the Dow

Traders work on the floor of the New York Stock Exchange during afternoon trading on July 18, 2023 in New York City. Michael M. Santiago | Getty Images News | …

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Asia markets mixed as investors weigh economic data from the region

by Walter Watson
Asia markets mixed as investors weigh economic data from the region

China keen to move into new areas of growth to spur economy: HSBC China wants to shift to new high-end growth areas like IT to spur the economy, said Herald …

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China’s cautious consumer confidence is dampening recovery, says ADB

by Walter Watson
China’s cautious consumer confidence is dampening recovery, says ADB

Fears are growing that China’s economy is tethering on the verge of deflation after yet another slate of underwhelming economic data July 17 provided more evidence that the stall in …

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Homebuilder sentiment rises in July, but high mortgage rates hurt

by Anas Siddiqui
Homebuilder sentiment rises in July, but high mortgage rates hurt

Builder sentiment in the market for single-family homes rose 1 point in July to 56, according to the National Association of Home Builders/Wells Fargo Housing Market Index. It marks the …

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China vows to ‘restore and expand’ consumption to boost growth

by Walter Watson
China vows to ‘restore and expand’ consumption to boost growth

China’s top economic state planner vowed Tuesday to “restore and expand” consumption in a wide-ranging plan to bolster growth in the world’s second-largest economy Fred Lee | Getty Images News …

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China deflation fears add to growth concerns; Wall Street downgrades

by Walter Watson
China deflation fears add to growth concerns; Wall Street downgrades

Fears are growing that China’s economy is tethering on the verge of deflation after yet another slate of underwhelming economic data July 17 provided more evidence that the stall in …

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More Americans are moving to Spain, paying high prices for real estate

by Franz Hernandez
More Americans are moving to Spain, paying high prices for real estate

A real estate agency window in Alicante, Spain. Sopa Images | Lightrocket | Getty Images More Americans are flocking to Spain for longer, whether as so-called digital nomads working abroad …

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Asia markets set to fall ahead of key economic data from China

by Walter Watson
Asia markets set to fall ahead of key economic data from China

SHANGHAI, CHINA – MARCH 01: Skyscrapers stand at the Pudong Lujiazui Financial District on March 1, 2022 in Shanghai, China. Xiao Yang | Visual China Group | Getty Images Asia-Pacific …

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