Australian Q4 consumer price index unchanged
January 25th, 2012 - 2:54 pm ICT by IANS
Sydney, Jan 25 (IANS) Australia's consumer price index (CPI) was unchanged in the December quarter 2011, compared with a rise of 0.6 percent in the September quarter, the Australian Bureau ... Read more...
Posted in Business |
Paying minimum wages in rural job scheme: Apex court
January 23rd, 2012 - 11:17 pm ICT by IANS
New Delhi, Jan 23 (IANS) The Supreme Court Monday reminded the central government that the Mahatama Gandhi National Rural Employment Guarantee Act was a socially beneficial legislation and the government ... Read more...
Posted in Business |
China’s retail sales up in December
January 17th, 2012 - 1:03 pm ICT by IANS
Beijing, Jan 17 (IANS) China's retail sales rose by 18.1 percent year-on-year in December 2011, up from 17.3 percent growth in November, the National Bureau of Statistics (NBS) said Tuesday.Retail ... Read more...
Posted in World |
Urban Chinese per capita income grows 8.4 percent
January 17th, 2012 - 11:33 am ICT by IANS
Beijing, Jan 17 (IANS) The per capita income of China's urban residents rose by 8.4 percent to 21,810 yuan ($3,434) in 2011 from a year earlier, the government said Tuesday.Meanwhile, ... Read more...
Posted in Business |
Swedish inflation eases in December 2011
January 13th, 2012 - 3:33 pm ICT by IANS
Stockholm, Jan 13 (IANS) Inflation eased in Sweden to 2.3 percent in December 2011 from 2.8 percent in the previous month, the Swedish Central Statistics Bureau (SCB) said Thursday.In a ... Read more...
Posted in Business |
China’s GDP to grow by 8.8 percent in 2012
January 3rd, 2012 - 2:27 pm ICT by IANS
Beijing, Jan 3 (IANS) China's GDP will grow by about 8.8 percent in 2012, further moderating from 9.1 percent in the third quarter of 2011, the central bank said.The bank ... Read more...
Posted in Business |
China’s GDP growth to slow to 8.6 percent
December 18th, 2011 - 11:14 pm ICT by IANS
Beijing, Dec 18 (IANS) China's GDP growth may slow to 8.6 percent in the last quarter of this year and further decelerate to 7.7 percent in the first quarter of ... Read more...
Posted in Business |
China makes economic plans for 2012
December 12th, 2011 - 2:01 pm ICT by IANS
Beijing, Dec 12 (IANS) High-ranking Chinese officials gathered here Monday for the annual Central Economic Work Conference, which will analyze international and domestic economic situations and map out plans for ... Read more...
Posted in Business |
China’s consumer price index growth eases in November
December 9th, 2011 - 1:20 pm ICT by IANS
Beijing, Dec 9 (IANS) China's consumer price index (CPI), a main gauge of inflation, rose 4.2 percent year-on-year in November, further weakening from 5.5 percent in October due to falling ... Read more...
Posted in Business |
China’s November inflation may fall below 5 percent
December 6th, 2011 - 6:33 pm ICT by IANS
Beijing, Dec 6 (IANS) China's inflation rate may fall below five percent in November, thanks to the lower food prices that led to the downward trend after a 37-month high ... Read more...
Posted in Business |
Reserve Bank of Australia cuts cash rate
December 6th, 2011 - 2:52 pm ICT by IANS
Sydney, Dec 6 (IANS) The Reserve Bank of Australia (RBA) Tuesday announced it has decided to lower the cash rate from 4.5 percent to 4.25 percent, effective Dec 7.It was ... Read more...
Posted in Uncategorized |
China’s inflation likely to ease in November
November 30th, 2011 - 1:57 pm ICT by IANS
Beijing, Nov 30 (IANS) China's inflation is predicted to fall for a fourth consecutive month in November with the consumer price index (CPI) likely to drop to 4.3 percent, a ... Read more...
Posted in Business |
China’s economy to rise at slower pace in 2012
November 26th, 2011 - 10:30 pm ICT by IANS
Beijing, Nov 26 (IANS) China's economy is expected to grow at a rate of 8.5 percent in 2012, which is a slower pace than 2011, said an official of a ... Read more...
Posted in World |
Automakers confident of China market despite slowing sales
November 24th, 2011 - 2:24 pm ICT by IANS
Beijing, Nov 24 (IANS) Senior executives from major automakers attending the ongoing Guangzhou Auto Show have expressed their confidence in China's car market, forecasting an overall growth of 5 to ... Read more...
Posted in Business |
US Q3 growth revised downward
November 23rd, 2011 - 11:41 am ICT by IANS
Washington, Nov 23 (IANS/EFE) US gross domestic product grew at an annual rate of 2 percent in the third quarter, the Commerce Department said Tuesday, revising its initial estimate that ... Read more...
Posted in Business |
China’s GDP growth to slow to 9.2 percent
November 20th, 2011 - 4:17 pm ICT by IANS
Beijing, Nov 20 (IANS) China's GDP growth will slow down to 9.2 percent in 2012 from 9.4 percent this year, experts say.The economic expansion will continue the easing trend in ... Read more...
Posted in Business |
Canada’s inflation rate drops in October
November 19th, 2011 - 3:24 pm ICT by IANS
Ottawa, Nov 19 (IANS) Canada's inflation rate dropped to 2.9 percent in October from 3.2 percent in the previous month, largely due to the less gain of energy prices, Statistics ... Read more...
Posted in Uncategorized |
US consumer prices dip
November 17th, 2011 - 11:04 am ICT by IANS
Washington, Nov 17 (IANS/EFE) Consumer prices in the US declined 0.1 percent in October, while the 12-month inflation rate stood at 3.5 percent, the Labor Department said Wednesday.Excluding the more ... Read more...
Posted in Business |
China’s industrial production slows in October
November 9th, 2011 - 3:45 pm ICT by IANS
Beijing, Nov 9 (IANS) China's industrial output grew by 13.2 percent year-on-year in October, down from September's 13.8-percent growth, the National Bureau of Statistics (NBS) said Wednesday.In the first 10 ... Read more...
Posted in Business |
Japan’s core consumer prices rose in September
October 28th, 2011 - 1:02 pm ICT by IANS
Tokyo, Oct 28 (IANS) Japan's core consumer price index (CPI) rose 0.2 percent in September from a year earlier, marking the third successive month of increase, authorities said Friday.
The ... Read more...
Posted in Business |
China jails two for leaking secrets
October 24th, 2011 - 7:02 pm ICT by IANS
Beijing, Oct 24 (IANS) Two officials have been jailed for divulging China's confidential economic statistics, an official said Monday.Sun Zhen, a former official from the National Bureau of Statistics, was ... Read more...
Posted in Business |
US consumer prices rose in September
October 20th, 2011 - 12:38 pm ICT by IANS
Washington, Oct 20 (IANS/EFE) US consumer prices rose 0.3 percent last month, bringing the 12-month inflation rate to 3.9 percent, the Labour Department said Wednesday.The core Consumer Price Index, which ... Read more...
Posted in Business |
China’s Q3 GDP grows at slowest pace in two years
October 18th, 2011 - 2:09 pm ICT by IANS
Beijing, Oct 18 (IANS) China's GDP expanded 9.1 percent year-on-year in the third quarter of the year, the slowest pace since the third quarter of 2009.
The growth rate was down ... Read more...
Posted in Business |
China’s inflation eases to 6.1 percent in September
October 14th, 2011 - 3:37 pm ICT by IANS
Beijing, Oct 14 (IANS) China's consumer price index (CPI), a main gauge of inflation, eased slightly to 6.1 percent year-on-year in September from 6.2 percent in August, the National Bureau ... Read more...
Posted in Business |
China’s growth forecast down to 9.4 percent
October 10th, 2011 - 5:43 pm ICT by IANS
Beijing, Oct 10 (IANS) The Chinese Academy of Social Sciences (CASS), a major government think tank, Monday cut China's growth estimate for 2011 to 9.4 percent from a previous forecast ... Read more...
Posted in Business |
Sell vegetables directly: Wen tells farmers
October 2nd, 2011 - 6:23 pm ICT by IANS
Beijing, Oct 2 (IANS) Vegetable producers should sell their produce directly to urban consumers to lower retail prices, Chinese Premier Wen Jiabao has said.Wen made a tour early Saturday morning ... Read more...
Posted in Business |
40.74 crore people below poverty line, apex court told
September 21st, 2011 - 12:36 am ICT by IANS
New Delhi, Sep 20 (IANS) The Planning Commission Tuesday told the Supreme Court that the below poverty line (BPL) population in the country is 40.74 crore and the poverty line ... Read more...
Posted in Business |
US stocks close higher for fourth consecutive day
September 16th, 2011 - 4:26 am ICT by IANS
New York, Sep 16 (IANS) US stocks posted four winning streak Thursday as concerted efforts by central banks encouraged optimism, Xinhua reported.The European Central Bank, along with the Federal Reserve ... Read more...
Posted in Business |
Price stability top priority, says China’s central bank
September 12th, 2011 - 4:32 pm ICT by IANS
Beijing, Sep 12 (IANS) The People's Bank of China (PBOC), the country's central bank, reiterated Monday that stabilising the overall price levels remained the top priority of macro-economic regulation.Some factors ... Read more...
Posted in Business |
Chinese economy to grow 9.28 percent in 2011: Economists
August 21st, 2011 - 4:31 pm ICT by IANS
Singapore, Aug 21 (IANS) The Chinese economy will grow by 9.28 percent in 2011 if the US can stay out of a double-dip recession and the eurozone can steer itself ... Read more...
Posted in Business |
China’s inflation reaches 37-month high
August 9th, 2011 - 2:59 pm ICT by IANS
Beijing, Aug 9 (IANS) China's inflation rose to a 37-month high in July, putting the government in a tough position as its tightening efforts were yet to bear fruit, reported ... Read more...
Posted in Business |
China likely to further raise interest rates: Analysts
August 7th, 2011 - 2:56 pm ICT by IANS
Beijing, Aug 7 (IANS) China is likely to increase benchmark interest rates again in the near term to curb inflation, say analysts.A let-up of the government's tightening measures in the ... Read more...
Posted in Business |
Wall Street up on strong corporate earnings
July 16th, 2011 - 4:29 am ICT by IANS
New York, July 16 (IANS) US stocks ended higher Friday as better-than-expected earnings from Google and Citigroup offset concerns over US debt situations, Xinhua reported.The rating agency Standard & Poor's ... Read more...
Posted in Business |
China’s fiscal revenue up 31.2 percent
July 14th, 2011 - 2:07 pm ICT by IANS
Beijing, July 14 (IANS) China's fiscal revenue rose 31.2 percent year-on-year to 5.69 trillion yuan ($875.5 billion) in the first half of this year, the ministry of finance said Thursday.In ... Read more...
Posted in Business |
China’s GDP growth sees moderate slowdown (Lead)
July 13th, 2011 - 4:42 pm ICT by IANS
Beijing, July 13 (IANS) China's economic growth rate is decelerating, and officials and analysts believe the moderation is healthy.
Gross domestic product (GDP) rose by 9.5 percent year-on-year in the ... Read more...
Posted in Business |
