Menu

Search

Third world countries are not so third now, in last decade, emerging markets, led by China gained into prominence as a driver of global economy, contributing more than half of world's GDP and China in second place. In today's modern financial world, China can't just be ignored, however due to opaque nature of Chinese data and their secrecy, sighting true insight on the country remains a challenge. In this series, we at EconoTimes, take up the challenge to present our readers true, market moving insights.

China Crisis Series

Standard & Poor's cuts China’s rating to A+ citing higher financial and economic risks

Sep 21, 2017 10:22 am UTC| Commentary

One of the top global rating agencies, Standard Poor has downgraded Chinas sovereign rating by one notch from AA- to A+ citing higher financial and economic risks. With this action, SPs rating on China came at par with...

China Crisis Series

Moody's: China's shadow banking sector impacted by increasingly tight systemic liquidity

May 08, 2017 01:15 am UTC| Research & Analysis Economy

Moodys Investors Service says that liquidity in Chinas financial system is increasingly tightening, as stricter regulatory measures seek to constrain the growth of leverage in the country. At the same time, the...

China Crisis Series

Pity China's 'bare branches': unmarried men stuck between tradition and capitalism

Jan 27, 2017 11:03 am UTC| Insights & Views Life

Chinese New Year, or the Spring Festival, is a highlight in Chinese society. But for many young people, the joy of vacation and family reunion is mixed with questions from parents and relatives about their achievements in...

China Crisis Series

Beijing to step up property controls to cool residential property market: Xinhua

Dec 26, 2016 14:54 pm UTC| Commentary Economy Real Estate

Speculation has pushed home prices in Beijing too high, and rising social tensions pose enormous challenges to the capitals stability, Xinhua reported, citing the Beijing Municipal Committee. Beijing looks to develop a...

China Crisis Series

Financial wizardry alone won't stave off a Chinese debt crisis

Dec 05, 2016 04:54 am UTC| Insights & Views Economy

Chinas debt is beyond worrying. Its credit-to-GDP gap, a measure employed by the Bank of International Settlements (BIS) as a way to gauge debt levels, stands at 30%. This is the highest of any country going back to 1995...

China Crisis Series

Chart of the Day Series

Chart of the Day: China bleeds treasuries

Dec 02, 2016 19:49 pm UTC| Commentary Economy

This chart from bond vigilantes shows, how the treasury holdings by Peoples Bank of China has declined to a four-year low amid increasing yields in the United States. Given the increasing interest rates in China,...

China Crisis Series

Renminbi Series

Renminbi Series: Next phase in China crisis about to begin

Nov 30, 2016 08:42 am UTC| Commentary Economy

The biggest threat to theglobal economy is China, thesituation where could worsen with the return of inflation in the United States and other parts of the world. According to Morgan Stanley, the debt level in China rose to...

1 2 3 4 5 6 7 8 9 10   

Economy

UK gilts jump after Q3 preliminary GDP remains unchanged

The UK gilts jumped after the countrys third-quarter gross domestic product (GDP) remained unchanged compared to that in the second quarter, although meeting market expectations as households spending increased at the...

German bunds tad down after Q3 GDP remains steady, manufacturing PMI beats expectations

The German bunds traded flat Thursday after the countrys gross domestic product (GDP) for the third quarter of this year showcased a solid reading, albeit unchanged from that in the second-quarter. Also, the manufacturing...

Eurozone economy likely to grow 2.3 pct this year, 2 pct next, says DZ Bank

The Eurozone economy is expected to expand 2.3 percent this year and 2 percent in the next year, according to a recent report by DZ Bank. According to a flash estimate from Eurostat, third-quarter GDP increased by +0.6...

BoC likely to adopt wait-and-watch approach, says CIBC Research

The Bank of Canada (BoC) is expected to adopt a wait-and-watch approach over the near-term, according to a recent report from CIBC Research. Investors are still attaching a 40 percent probability to further monetary...

New Zealand bonds close higher on disappointing retail sales data

New Zealand bonds closed higher on Thursday following weaker-than-expected retail sales data for the third-quarter of this year. In addition, firmer U.S. Treasuries also supported the bonds prices. At the time of...

Politics

Brexit: why Macron has more room to manoeuvre than May and Merkel

Despite the valiant efforts of both the EU and the UK to uphold confidence in the Brexit negotiations process, its clear the talks have been deeply unsatisfactory for both sides. Fundamental conflicts of interest and...

Why PR agencies and their spin should be the subject of greater scrutiny

It was one of the biggest and best-known British PR agencies around. So when Bell Pottinger came crashing down earlier this year, you could be forgiven for wondering why it hadnt prepared a better crisis strategy to deal...

Catalonia crisis: Spain enters unchartered territory following Madrid move to end autonomy

Shortly after Catalonias parliament in Barcelona voted to declare independence from Spain on October 27, the senate in Madrid voted to trigger Article 155 of the Spanish constitution, removing Catalonias autonomy. In...

China's ambition burns bright - with Xi Jinping firmly in charge

The most important political event of 2017, the 19th Chinese Communist Party Congress, has concluded. And while there was much to digest, one image above all stands out: Xi Jinpings political dominance and his burning...

Kuwait's economic interest in mediating the Qatar-Gulf crisis

A blockade against Qatar by its Gulf neighbours is now in its fifth month. Saudi Arabia, Bahrain, Egypt and the United Arab Emirates severed socio-economic ties with Qatar as punishment for its alleged support of terrorism...

Science

Drug Addiction Could Be Cured With Gene Therapy

The opioid addiction crisis gripping the U.S. is currently one of the biggest health issues plaguing the country. In many cases, opioid addicts turn to using heroin or methamphetamine in order to get high. In what could...

Cancer Patient Injected With Vaccine For The First Time

Cancer is one of the last remaining major illnesses that still does not have a vaccine, but human trials have finally begun to change all this. Moderna Therapeutics just injected a patient with a cancer vaccine for the...

New Zealand’s Plan To Weaponize CRISPR To Annihilate Pests Sparks Debate In Scientific Community

Its always the same story. Governments want to use science as a weapon of mass destruction, certain members of the scientific community speak up about the potential consequences, and the debates ensue. In the case of New...

Scientists Achieved Real-Time Gene Editing In Live Human Subject For The First Time

Gene editing is considered by many as the future of medicine. The potential uses attributed to the field range from curing all kinds of diseases to making humans practically invulnerable. For the first time, scientists...

Scientist Proves Brain Implant Can Improve Memory By 30%

These days, one of the hottest topics in the tech and medical industries is the matter of cybernetics or merging man with machine. A scientist has recently advanced this field by demonstrating how a brain implant can...

Technology

Loot Boxes Are Gambling According To Belgium, Major Win For Gamers

Loot boxes and microtransactions have been the bane of many gamers lives since they started gaining popularity. The recent backlash against EAs decision to nickel and dime players with Battlefront II was the final straw...

The iPhone X Was Reportedly Made Using Illegal Slave Labor

Everyone already knows that iPhones are made using questionable manufacturing methods but in a recent report, the world was treated to another glimpse of the terrible truth behind every Apple device enjoyed by consumers....

Skype Vanishes From Chinese App Market, Another Bites The Dust

As a country with a history of having inconvenient apps removed, the disappearance of Skype from the Chinese market isnt really that surprising. As of writing, all traces of the app are gone from the app stores, including...

Google Location-Tracking Controversy Splits Publications, Spying Or Not Spying?

There was a recent report that Google was apparently tracking user locations even when they have disabled location tracker on their devices. This was then picked up by other publications, thus spreading the narrative that...

Quantum Computers Pose Threat To Bitcoin And Blockchain, Study Claims

With so many developments and advances in the tech industry over the years, a lot of them can seem interconnected. In the case of quantum computers and the cryptocurrency market, this is apparently the case, but not all in...
  • ET PRO
  • Market Data

Market-moving news and views, 24 hours a day >

2017-11-23 11:36:21
0m

November 23 12:30 UTC Released

BRForeign Direct Investm't*

Actual

8.2 Bln USD

Forecast

7.2 Bln USD

Previous

1.0000 Bln USD

November 23 12:30 UTC Released

BRCurrent Account*

Actual

-0.343 Bln USD

Forecast

-1 Bln USD

Previous

0.657 Bln USD

November 23 13:00 UTC 1616m

RUCbank Wkly Reserves*

Actual

Forecast

Previous

426.4 Bln USD

November 23 13:00 UTC 1616m

ZAPrime Rate*

Actual

Forecast

Previous

10.25 %

November 23 13:00 UTC 1616m

ZARepo Rate*

Actual

Forecast

6.75 %

Previous

6.75 %

November 23 13:30 UTC 4646m

CARetail Sales MM

Actual

Forecast

0.9 %

Previous

-0.3 %

November 23 13:30 UTC 4646m

CARetail Sales Ex-Autos MM

Actual

Forecast

1 %

Previous

-0.7 %

November 23 14:00 UTC 7676m

MXIGAE Econ Activity MM

Actual

Forecast

0.14 %

Previous

0.21 %

November 23 14:00 UTC 7676m

MX1st Hlf-Mth Core Infl YY*

Actual

Forecast

4.71 %

Previous

4.75 %

November 23 14:00 UTC 7676m

MX1st Hlf-Mth Core Infl YY*

Actual

Forecast

0.73 %

Previous

0.62 %

Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.