China should allow its inflation to rise to give more room for its macroeconomic policies, Lu Ting, chief China economist with Bank of America Merrill Lynch, said Thursday.
The Japanese Cabinet approved a bill to set up "strategic special zones" on Tuesday as a centerpiece of economic growth strategy to promote deregulation exclusively, local media reported.
The Philippines recorded the second biggest foreign direct investment (FDI) inflow for the first half of this year, according to the United Nations Conference on Trade and Development (UNCTAD).
A highway linking Medog, the last roadless county in China, with neighboring Bome county in Tibet formally opened to traffic on Thursday, ending the county's isolation from the outside world.
The U.S. federal government budget deficit fell to 680 billion dollars for the 2013 fiscal year, as its revenue increased and spending dwindled, the Treasury Department reported Wednesday.
Some South Korean conglomerates were facing growing liquidity risks amid deepening bipolarization of debt-financing and profit-generating capabilities among companies, a report by the central bank showed Thursday.
A highway linking Medog, the last roadless county in China, with neighboring Bome county in Tibet formally opened to traffic on Thursday, ending the county's isolation from the outside world.
Apple Inc. Monday announced its earnings for the fourth quarter of 2013 fiscal year after the market closed, which showed the company's revenue and profit beat expectations, but gross margin guidance for the next quarter fell short of market estimates.
An Egyptian court on Monday decided to adjourn the retrial of former President Hosni Mubarak to Nov. 16 after three-day closed-door sessions to hear testimony of several former top security officials, state-TV reported.
Prices of both new and existing homes continued to rise in most Chinese cities in September, according to official data released on Tuesday.
China's macroeconomic control policy is on track for moderation or tightening, and the possibility of another round of fiscal stimulus is rather low, according to economists.
Foreign direct investment inflows into the Chinese mainland climbed 4.88 percent in September, compared to a year ago.
Despite media reports about an interbank liquidity shortage, China's central bank on Wednesday said liquidity in the money market is adequate.
The 2013 edition of the Forbes China Rich List published on Wednesday identified a record 168 billionaires in the country.
China recorded a bumper harvest this year. Yet agricultural problems remain and are clouding the world's most populous country, prompting the government to take measures to beef up food security.
British economy is projected to grow at 1.4 percent this year and 2.4 percent next year, after a poor 0.1 percent growth in 2012, said Ernst & Young ITEM club in its latest economy forecasts report on Monday.
The International Monetary Fund (IMF) said New Zealand will be one of the strongest growing of the world's advanced economies this year and the next.
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