In the past, when China's economic growth slipped to a level that threatened the job market, the government would loosen credit and embark on a construction binge.
In many investors' eyes, the Chinese stock market is a mere gambling den where companies make fortunes overnight just by being listed; a situation that can't last indefinitely.
Switzerland tops the overall rankings of 144 economies, followed by Singapore and the United States, said the Global Competitiveness Report 2014-2015 released by the World Economic Forum (WEF) on Wednesday.
Chinese manufacturer Xiaomi has continued its reign over the Chinese smartphone market in July, holding on to the top spot with ease for the fourth consecutive month, according to the latest smartphone sales data.
The Australian share market on Thursday pushed again to continue its six-year high passing its previous high reached on July 31, 2008 after the global financial crisis.
The cooling of China's property market is likely to encourage authorities to speed up property tax reforms, which many believe will play a key role in putting the sector back on track.
A construction firm in northwest China's Shanxi Province narrowly avoided what could have been the first default in China's interbank bond market, after local authorities and the company repaid principal and interest due on Wednesday.
China's chilling property market has started to affect the price of land, cooling sales in Chinese cities in the second quarter, according to a monitoring report by the Ministry of Land and Resources (MLR) on Wednesday.
The eurozone economy is expected to grow just over 1 percent this year before expanding 1. 5 percent in 2015, the International Monetary Fund (IMF) said on Monday.
The eastern Chinese city of Jinan on Thursday became the latest region to lift home purchase restrictions and bring some light to the gloomy property market.
China's central bank governor Zhou Xiaochuan reiterated on Thursday that China is likely to have fully liberalized interest rates within two years, but the timetable will depend on economic circumstances at home and abroad.
Chinese regulators' IPO guidance sparked stock speculation as the market saw shares of 10 new listings in the last two weeks double or triple within one week of their debut.
Despite a faltering renminbi, record high issuance and growing appetite around the world have reaffirmed the offshore yuan bond as a tempting investment.
The New Zealand stock exchange, NZX, has been granted leave to set up a new growth market with an alternative disclosure regime to help small and medium-sized businesses to list and raise capital, Commerce Minister Craig Foss announced Monday.
Michael Feroli, chief U.S. economist at J.P. Morgan, said Thursday that they now see lift-off of the federal funds rate occurring in the third quarter of 2015 rather than the fourth quarter of 2015 and expect the funds rate at 1.0 percent for year- end 2015 and 2.5 percent for 2016.
As China plans to pilot "house-for-pension" insurance as an eldercare alternative, insurance companies have expressed hope of forming a new though small territory in a nearly saturated market.
The value of the Chinese currency renminbi, or the yuan, weakened 55 basis points to 6.1506 against the U.S. dollar in its central parity on Wednesday, ending its sharp three-day rise.
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