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Int'l tourist numbers heading for another record year

2017lookslikeitwillsetforanotherrecordforinternationaltouristnumbers,accordingtotheUnitedNationsWorldTourismBarometerpublishedonMonday.Thebarometershowsover300m

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China pins economic transformation on AI and big data

KevinDuistravellingtotheUnitedStatesthisweektovisitHarvardBusinessSchool.Buthehasotherthingsonhismind.Heplanstomakeasidetriptoothertopuniversitiesandtechnologyc

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Buoyant British service sector points to stronger GDP growth in Q4

TheBritisheconomyatthebeginningofthefourthquarterisperformingstrongly,newsurveydataindicates,pointingtogrowththatcouldbeattheexpectationsofthecentralbank.Survey

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China's services sector sees modest growth in October

ActivitypickedupslightlyinChina’sservicessectorinOctoberbutgrowthremainedmodestandmuchweakerthanhistoricaltrends,theCaixinPMIshowedonFriday.Thefindingsofthepriv

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China's manufacturing sector expansion cools

China'smanufacturingactivities,measuredbytheofficialPurchasingManagersIndex,softenedinOctoberaftertwoconsecutivemonthsofexpansion,theNationalBureauofStatisticss

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China Focus: Industrial firms report sharp gains as economy stabilizes

China'smajorindustrialfirmspostedfasterprofitgrowthinthefirstthreequartersoftheyear.Industrialcompanieswithannualrevenueofmorethan20millionyuan(3millionU.S.doll

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S.Korea's GDP growth hits seven-year high on export recovery

SouthKorea'sgrossdomesticproduct(GDP)growthhitthehighestinoversevenyearsthankstorobustrecoveryofexports,whichaccountforabouthalfoftheexport-driveneconomy,centra

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Moody's economist: GOP tax plan is set up to fail

TheTrumpadministrationandRepublicanCongressionalleadershipwanttogobigontaxreform.Theyhaveproposedabroadsetofchangestothecorporateandpersonalincometaxcodes,inclu

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Navigating China's post-congress economy

ForthosewhogaugethegrowthtrajectoryofChina'seconomyoverthenextfiveyears,meaningfulhintscouldbefoundattheongoingtwice-a-decadeCommunistPartycongress.Whenoutlinin

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China said to achieve the goal of eradicating poverty

Inhisreportdeliveredattheopeningceremonyofthe19thNationalCongressofCommunistPartyofChinaonWednesday,GeneralSecretaryXiJinpingsummarizedChina'sachievementsoverth

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South Korea raises growth outlook

SouthKorea'scentralbankraiseditsgrowthforecastforthisyearonThursday,despitetensionsoverPyongyang'sincreasingmissileandnuclearthreats.TheBankofKoreasaiditexpects

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China to achieve the goal of eradicating poverty

Inhisreportdeliveredattheopeningceremonyofthe19thNationalCongressofCommunistPartyofChinaonWednesday,GeneralSecretaryXiJinpingsummarizedChina'sachievementsoverth

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China's GDP expands 6.9 pct in first 3 quarters

China'sgrossdomesticproductexpanded6.9percentyearonyearinthefirstthreequartersof2017to59.3288trillionyuan(about8.9614trillionU.S.dollars),datafromtheNationalBur

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PBOC governor: China’s H2 GDP growth likely to return 7%

China’sGDPgrowthforthesecondhalfof2017islikelytoreturnto7percent,saidZhouXiaochuan,governorofthePeople’sBankofChina,thecentralbankoftheworld’ssecondlargestecono

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Interview: China could sustain 6 pct growth rate in medium term

Chineseeconomycouldsustaincurrentgrowthrateofover6percentfortheforeseeablefuture,aU.S.experthassaid."Thegrowthratehascomedownfromthepreviouseightor10percent,but

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IMF raises China growth forecast for 2017

TheInternationalMonetaryFund(IMF)raiseditsforecastforChina’seconomicgrowthto6.8percentfortheyear,amovethatthelenderattributestostrongrecordedgrowthinthefirsthal

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Indonesia gets its IMF growth forecast expanded to 5.2 pct this year

ByAPDwriterMaverickJAKARTA,Sept.11(APD)–Indonesia’seconomicgrowthforecastforthisyearwasrevisedhigherto5.2percentbytheWashington-basedfinancieragencyofInternatio