percentage points

China’s 2011 GDP growth revised upward


September 5th, 2012 - 5:15 pm ICT by IANS
Beijing, Sep 5 (IANS) China's gross domestic product (GDP) growth for 2011 has been revised upward by 0.1 percentage point to 9.3 percent from the previous year, the National Bureau ... Read more...

Posted in Business |

China’s non-manufacturing sector growth goes up (Lead)


September 3rd, 2012 - 1:27 pm ICT by IANS
Beijing, Sep 3 (IANS) The Purchasing Managers Index (PMI) of China's non-manufacturing sector, a key economic indicator, rose 0.7 percentage point to 56.3 percent in August, new survey results indicate.The ... Read more...

Posted in Business |

China’s manufacturing activity slows to nine-month low (Lead)


September 1st, 2012 - 3:43 pm ICT by IANS
Beijing, Sep 1 (IANS) China's manufacturing activity further slid in August with the purchasing managers index (PMI) standing at 49.2 percent, the lowest pace in nine months.The PMI reading in ... Read more...

Posted in Uncategorized |

Bernanke hints at moves to aid US labour market, recovery


September 1st, 2012 - 2:52 pm ICT by IANS
Washington, Sep 1 (IANS) US Federal Reserve Chairman Ben Bernanke has hinted that the central bank might provide further monetary easing steps to improve the US labour market and broader ... Read more...

Posted in Business |

South Korea’s foreign debts grow to $418.6 bn


August 21st, 2012 - 2:02 pm ICT by IANS
Seoul, Aug 21 (IANS) South Korea's foreign debts grew to $418.6 billion in the second quarter of this year as lenders increased their short-term borrowing from overseas, the central bank ... Read more...

Posted in Business |

Mend land policy to push realty, infrastructure (Comment)


August 19th, 2012 - 2:12 pm ICT by IANS
The relaxation of rules by the Prime Minister's Office (PMO) on transfer of government land in a bid to speed up public-private partnership (PPP) projects in infrastructure sector is, indeed, significant. ... Read more...

Posted in Business |

Apple’s market share growth pauses


August 15th, 2012 - 2:37 pm ICT by IANS
San Francisco, Aug 15 (IANS) Apple's growth in the smartphone market nearly paused in the second quarter of 2012 as consumers postponed their upgrade in anticipation of the upcoming launch ... Read more...

Posted in Sci-Tech |

CPC elects younger delegates to national congress


August 14th, 2012 - 2:04 pm ICT by IANS
Beijing, Aug 14 (IANS) The Communist Party of China (CPC) has elected younger and more grassroots-level delegates to attend its upcoming national congress, a senior party official said here Tuesday.About ... Read more...

Posted in Politics |

Survey shows wealth equals health in Canada


August 14th, 2012 - 1:22 pm ICT by IANS
Ottawa, Aug 14 (IANS) Does wealth equal health? It seems so in Canada, according to the results of a public opinion survey. Only 39 percent of those earning less than ... Read more...

Posted in Health |

China’s Consumer Price Index eases


August 9th, 2012 - 1:05 pm ICT by IANS
Beijing, Aug 9 (IANS) China's Consumer Price Index (CPI), a key gauge of inflation, grew to 1.8 percent year on year in July, the slowest pace since February 2010, the ... Read more...

Posted in Business |

China non-manufacturing sector’s growth slows


August 3rd, 2012 - 2:53 pm ICT by IANS
Beijing, Aug 3 (IANS) The Purchasing Managers Index (PMI) of China's non-manufacturing sector, a key economic indicator, dropped 1.1 percentage points to 55.6 percent in July, new survey results have ... Read more...

Posted in Business |

Obama leads Romney in 3 swing states


August 2nd, 2012 - 12:12 pm ICT by IANS
Washington, Aug 2 (IANS) A new poll brought good cheer to US President Barack Obama leads as it showed him leading Republican challenger Mitt Romney by at least 6 ... Read more...

Posted in Politics |

China’s manufacturing sector growth slows


August 1st, 2012 - 2:18 pm ICT by IANS
Beijing, Aug 1 (IANS) China's manufacturing sector expanded at its slowest pace in eight months, China Daily reported Wednesday.The purchasing managers index (PMI) for the sector eased to 50.1 percent ... Read more...

Posted in Business |

China’s software industry slows


July 30th, 2012 - 4:30 pm ICT by IANS
Beijing, July 30 (IANS) China's software industry grew at a slower pace in the first half of the year amid the economic slowdown both at home and abroad, China Daily ... Read more...

Posted in Sci-Tech |

US housing market ready to rebound


July 19th, 2012 - 3:03 pm ICT by IANS
Washington, July 19 (IANS) The US housing sector was ready to get back to work while the construction industry continued to struggle on the jobs front, said the US mortgage ... Read more...

Posted in Business |

Chinese premier promises more jobs


July 18th, 2012 - 5:03 pm ICT by IANS
Beijing, July 18 (IANS) Chinese Premier Wen Jiabao has promised to generate more jobs, especially for fresh university graduates, migrant labourers and disabled people, even as the country's employment situation ... Read more...

Posted in World |

US industrial production rises


July 18th, 2012 - 2:49 pm ICT by IANS
Washington, July 18 (IANS) US industrial production increased 0.4 percent in June, a fresh evidence of the ongoing US economic recovery, the US Federal Reserve said in a report. The ... Read more...

Posted in Uncategorized |

Brazil cuts basic interest rate to record low


July 12th, 2012 - 1:45 pm ICT by IANS
Rio de Janeiro, July 12 (IANS) Brazil's central bank cut its benchmark Selic interest rate Wednesday by half a percentage point to a record low of 8 percent in the ... Read more...

Posted in Business |

Canada’s unemployment rate falls


July 7th, 2012 - 3:53 pm ICT by IANS
Ottawa, July 7 (IANS) Canada's jobless rate fell slightly in June as fewer people were looking for work, Statistics Canada reported. The country's national data collection and analysis agency said ... Read more...

Posted in Business |

Obama slightly ahead of Romney in poll of polls


July 6th, 2012 - 2:39 pm ICT by IANS
Washington, July 6 (IANS) President Barack Obama has a slight 3-point advantage over likely Republican nominee Mitt Romney in a new poll of polls averaging three recent national surveys ... Read more...

Posted in Politics |

China non-manufacturing sector’s growth picks up


July 3rd, 2012 - 12:18 pm ICT by IANS
Beijing, July 3 (IANS) China's non-manufacturing sector grew at a faster rate in June as the world's second-largest economy showed signs of stabilizing.The Purchasing Managers Index (PMI) of China's non-manufacturing ... Read more...

Posted in Business |

Beijing home sales rebound


July 2nd, 2012 - 3:56 pm ICT by IANS
Beijing, July 2 (IANS) A property market rebound has been seen in Beijing as home sales in China's capital jumped to 25,602 units in June, 10.5 percent more than in ... Read more...

Posted in Business |

US industrial production down


June 15th, 2012 - 10:00 pm ICT by IANS
Washington, June 15 (IANS) US industrial production, an indicator of the output of mines, factories and utilities, edged down 0.1 percent in May following an increase of 1 percent in ... Read more...

Posted in Business |

China’s banking assets top $16.8 trillion


June 9th, 2012 - 1:20 pm ICT by IANS
Beijing, June 9 (IANS) Total assets of China's banking sector rose 19.1 percent year-on-year to 105.8 trillion yuan ($16.8 trillion) by the end of 2011, according to a report released ... Read more...

Posted in Business |

Argentina’s economic growth slows down


May 19th, 2012 - 2:39 pm ICT by IANS
Buenos Aires, May 19 (IANS) Argentina's economic growth rate slowed down significantly in the first quarter of 2012, compared on a yearly basis, according to a report published by the ... Read more...

Posted in Business |

Finnair’s April traffic up 10 percent


May 8th, 2012 - 9:02 pm ICT by IANS
Helsinki, May 8 (IANS) Nordic carrier Finnair Monday reported a 10 percent rise in passenger traffic in April."We saw positive development in passenger load factors in all scheduled traffic categories ... Read more...

Posted in Business |

China railways carry 600 mn passengers


May 6th, 2012 - 7:24 pm ICT by IANS
Beijing, May 6 (IANS) China's railways have carried over 600 million passengers in the first four months of 2012, a year-on-year rise of 2.8 percent, the authorities said Sunday.The increase ... Read more...

Posted in Business |

China’s non-manufacturing sector slows in April (Lead)


May 3rd, 2012 - 3:45 pm ICT by IANS
Beijing, May 3 (IANS) China's non-manufacturing sector continued to expand in April, although at a slower pace, authorities said Thursday.The non-manufacturing sector's Purchasing Managers Index (PMI), a key economic indicator, ... Read more...

Posted in Business |

China manufacturing expands in April (Lead)


May 1st, 2012 - 3:53 pm ICT by IANS
Beijing, May 1 (IANS) China's Purchasing Managers Index (PMI), a preliminary readout of manufacturing activities, rose in April for five consecutive months, latest data showed Tuesday.The PMI climbed to 53.3 ... Read more...

Posted in Business |

South Korea’s industrial output growth plunges


April 30th, 2012 - 1:53 pm ICT by IANS
Seoul, April 30 (IANS) South Korea's industrial output growth plunged last month due to weak demand at home and abroad caused by high oil prices and economic slowdown in China, ... Read more...

Posted in Business |

Chavez says he forgives those who desired his death


April 25th, 2012 - 11:42 am ICT by IANS
Caracas, April 25 (IANS/EFE) President Hugo Chavez said in a videotape broadcast Tuesday that he has forgiven all those who have desired his death."For those who have bad wishes ... Read more...

Posted in Uncategorized |

Online reading increasing among Chinese


April 24th, 2012 - 12:37 pm ICT by IANS
Beijing, April 24 (IANS) While indicating a declining reading rate of newspapers and magazines, a survey in China has found only half of the Chinese read a little and only ... Read more...

Posted in Uncategorized |

Finnair’s March traffic up 11.6 percent


April 23rd, 2012 - 2:38 pm ICT by IANS
Helsinki, April 23 (IANS) Nordic passenger carrier Finnair Monday reported an increase of 11.6 percent in its passenger traffic in March.The airline's traffic, which is measured in revenue passenger ... Read more...

Posted in Business |

China’s manufacturing sector picks up momentum


April 23rd, 2012 - 1:46 pm ICT by IANS
Beijing, April 23 (IANS) China's manufacturing activity picked up momentum in April but still remains below the boom-or-bust level, according to a reading of the manufacturing purchase manager index (PMI) ... Read more...

Posted in Business |

India’s central bank cuts interest rates to spur economy (Roundup)


April 17th, 2012 - 6:35 pm ICT by IANS
Mumbai, April 17 (IANS) The Reserve Bank of India (RBI) Tuesday cut some key rates by 50 basis points in a bid to push industrial growth and stimulate economy ... Read more...

Posted in Business |

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