A Chinese official said that statistics show that China's consumption are taking center stage. With gradual structural transformation, coupling the cultural-driven high saving rate, he shrugged off worries that China will cease to growth.
Researchers have discovered 14 new genetic variations that are associated with heart rate, according to a study published online Sunday in the journal Nature Genetics.
South Korea's economic growth fell to a three-year low last year, which is expected to drive the central bank into action amid the widely anticipated stimulus package under the new administration of President Park Geun-hye.
The U.S. Federal Reserve on Wednesday announced that it will keep the short-term interest rate near zero and continue its controversial assets purchase program to bolster economic growth and job creation until the economic outlook improves substantially.
The U.S. economy still has a long way to go to make up for millions of recession-fueled job losses despite strong employment growth in February, economists said Friday.
Analysts predict the Chinese yuan will not see any sharp rises in 2013 due to the country's dwindling trade surplus.
The U.S. Federal Reserve on Wednesday announced that it would continue buying longer-term Treasury securities and keep its key short-term rate near zero until the country's unemployment rate drops below 6.5 percent, so as to stimulate economic growth and job creation.
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