China Won’t Become World’s Largest Economy Until 2028: CEBR
While the U.S. eventually will lose its position as the world’s largest economy, this day is now expected to come later than previously forecast.
China Opens Mobile Telecoms Market To Private Capital, Alibaba Unit And Rivals To Compete With China Mobile (CHL), China Unicom (CHU) and China Telecom (CHA)
Beijing wants private companies to have a greater role in state-run industries such as telecom.
China 2013 GDP Growth To Hit 7.6%, Misses Environmental Targets
While China's GDP growth slowed again in 2013, it's still growing too fast, and the cost is environmental degradation.
China’s Local-Government Debt Doubles In 2 Years, May Roll Out Municipal Bonds In March
The debt may have skyrocketed to about 20 trillion yuan ($3.3 trillion) at the end of 2012, a government think tank says.
Even A Dog Can Run China’s Banking System, Says Former State Council Spokesman
Jingyuan Yao, former chief economist and spokesman for China’s National Bureau of Statistics, had choice words on the banking system.
Japan’s Economic Outlook: 7 Themes To Watch In 2014
Here’s a rundown of what economists think are the major local events/themes that will shape Japan’s economy and markets in 2014.
As China’s Interbank Liquidity Crisis Worsens, Chinese Censors Ban Media Use Of The Term 'Cash Crunch'
Beijing has become so worried about the worsening credit crunch that propaganda authorities have banned media use of the term "cash crunch."
Top 5 States With The Most Underwater Mortgages
Despite improvements in the housing market, 6.4 million U.S. homeowners still owed more on their homes than what they're worth, CoreLogic said.
Top 10 Foreign Holders Of US Debt: China, Japan Still In The Lead
Foreign investors didn't shy away from U.S. Treasuries during the government shutdown and the threat to default in October.
December FOMC Meeting Preview: Higher QE Taper Odds, But Fed Most Likely To Hold Fire
Wednesday's post-FOMC press conference will also be Bernanke’s farewell appearance as Fed chairman.
China Everbright Bank Co. Ltd (SHA:601818) 'Admits' To 6.5 Billion Yuan Interbank Loan Default
China Everbright Bank finally admitted (sort of) it defaulted on 6.5 billion yuan ($1.07 billion) worth of a loan due last June.
Sprint Corporation (NYSE:S) To Bid For T-Mobile US Inc (NYSE:TMUS): WSJ
A merger would leave the U.S. wireless market dominated by three big companies.
China: Economic Work Conference Statement Stresses Reforms, Reasonable Economic Growth For 2014
The just-completed, annual, high-level meeting is closed-door, but a few themes were communicated.
Earnings Preview: Oracle Corporation (ORCL), FedEx Corporation (FDX), Walgreen Company (WAG), NIKE Inc (NKE), General Mills Inc (GIS)
The rate of negative company earnings guidance has rocketed in recent weeks to unprecedented highs.
Stanley Fischer To Be Nominated Fed Vice Chair: Reports
Fischer is well-known in international economic policy. At MIT, Fischer once taught current Fed Chairman Bernanke and ECB President Draghi.
US Housing Market Outlook 2014: Slowdown In Housing Recovery, Home Prices To Rise By 4% Next Year
U.S. home prices have had an impressive run since the end of the housing crash. What's ahead in 2014?
Bank Of America Merrill Lynch: 10 Key Calls For 2014
The Bank of America sees the S&P 500 hitting 2,000 by year-end 2014, and gold dropping to $1,250 per oz. in Q1, before rebounding.
China's Central Economic Work Conference Preview: 2014 GDP Growth Target, Inflation Target
China's annual Central Economic Work Conference, Dec. 10-12, typically includes a lengthy fiscal/monetary policy statement.
China’s Interest Rate Liberalization Takes A Big Step Forward
China has taken another step in liberalizing its financial sector by loosening its grip on interest rates.
World Trade Organization (WTO) Global Trade Deal In Bali 'Is Not Such A Big Deal,' Says Capital Economics
WTO leaders hailed the weekend trade pact as a major breakthrough, but some economists think it's just so much small change.
China's November Exports Up 12.7%, Imports Up 5.3%, Trade Surplus Increases To $33.8 Billion
China's exports came in well above forecasts in November, contributing to a bigger trade surplus.
2014 Global Economic Forecast In Charts: Societe Generale
Two indicators per country, or, how to stay on top of global economic trends in 2014 like an economist.
US November Jobs Report 2013: Unemployment Rate Falls To 7.0%, Nonfarm Payrolls Rise By 203k
The Fed is looking for momentum in the economy and a budget deal to start to reduce stimulus. Was November's job gain enough?
US Q3 GDP Revised Up To 3.6% From 2.8% On Higher Inventory; Initial Jobless Claims Fall For 3rd Straight Week
The U.S. economy grew at a much stronger rate in Q3. What does it mean for the Fed's stimulus reduction timetable?
‘Fragile Five’ 2014 Outlook: Following Currency Sell-Off, Watch For Election Uncertainty
Each of the “fragile five” countries faces an election in 2014.
How’s The US Economy Doing? Nuggets From Fed’s Beige Book
The Fed said U.S. economic growth remains modest to moderate; but is the economy strong enough to decrease stimulus?
ADP November Jobs Report 2013: Businesses Hired 215,000 Workers, More Than Expected
ADP said private-sector employment increased by a healthy amount in November, blowing past analysts’ expectations.
Japan GDP Forecast: Downward Revision To Q3, Rebound Expected In Q4; BOJ On Hold Until 2H 2014
Bank of Japan is unlikely to launch fresh stimulus any time soon.
China November Economic Data Preview: Inflation, Trade Balance, Investment, Industrial Production, Retail Sales, Bank Lending
A 7 percent GDP target has become a more likely choice in the policy circle.
US November Jobs Report 2013 Preview: Moderate Nonfarm Payrolls Number And Drop In Unemployment Rate Good Enough To Taper In December?
November’s employment report could tip the finely-balanced stimulus reduction decision either way.
