A Chinese manufacturing index fell to the lowest level since February 2009, signaling that the world’s second-biggest economy is cooling as export demand weakens and the government reins in credit to control inflation.
BusinessWeek.com — Finance
China’s manufacturing may expand at the slowest pace in 11 months in June, preliminary data for a purchasing managers’ index showed.
BusinessWeek.com — Finance
Asian stocks fell for a second day as Japanese companies reported earnings hurt by the nation’s worst earthquake and China bolstered measures to combat inflation.
BusinessWeek.com — Finance
China’s inflation held above 5 percent in April and lending exceeded analysts’ estimates, signaling that further monetary tightening may be needed to cool the fastest-growing major economy.
BusinessWeek.com — Finance
The European Central Bank may step up its inflation fight as up to a third of its Governing Council is replaced this year.
BusinessWeek.com — Finance
Most Asian stocks fell after China raised the reserve requirements for the country’s banks to tame inflation, fueling concern more tightening measures will curb economic growth. AIA Group Ltd. advanced in Hong Kong.
BusinessWeek.com — Finance
Asian stocks swung between gains and losses after China raised the reserve requirements for the country’s banks to tame inflation, fueling concern more tightening measures will curb economic growth. AIA Group Ltd. advanced in Hong Kong.
BusinessWeek.com — Finance
China increased banks’ reserve requirements to lock up cash and cool inflation, and central bank Governor Zhou Xiaochuan said monetary tightening will continue for “some time.”
BusinessWeek.com — Finance
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