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Where does China go from here? For greater accomplishments, the US role will be to determine the price of status, and the Chinese role will be to determine whether that price is worth paying. This expectation is based on a conditional convergence framework that relies on data...

So this “transition” is as significant – in a long-term sense – as any global economic event of the past 30 years.

Xi said he was aware of risks and challenges facing China’s economy, and was adopting more forceful and innovative macro-economic measures to address them.

“Asset classes like gold are still expensive and they are fundamentally likely to suffer if US rates go up, if the dollar remain strong“, Manpreet Gill, head of fixed income, currency and commodities investment strategy at Standard Chartered Plc, said in an interview...

The Caixin Flash China manufacturing purchasing manager’s index (PMI) fell further to 47 in September from 47.3 in August (see chart 1), coming in below expectations. Levels below 50 signify a contraction. “Overall, the fundamentals are good”, said Dr. He Fan,...

He will also visit the Google campus and Tesla Motors.

That dilemma was compounded by “the (domestic) combination of sharply slowing growth and rising inflation“, bank Governor Lesetja Kganyago told a news conference after it cut its 2015 economic growth forecast to 1.5 percent from 2.0 percent.

In addition, fresh pressure from capital market volatility this summer, currency devaluation in emerging markets and slumping global commodity prices are further muddying growth prospects.

Napa County continues to have the fifth lowest unemployment rate for the state, the EDD said.

The US Federal Reserve’s decision to keep rates on hold last week didn’t come as a surprise to CMC Markets trader Sheldon Slabbert.

In the us , interest rates have never been lower for longer (for almost seven years) but delay in raising rates also carries increasing risk.

The benchmark Kospi average rose 17.38 points or 0.88 percent to 1,982.06.

Mike van Dulken, head of research at Accendo Markets, said investors are feeling uneasy after the Fed highlighted “concerns about external factors such as China, market volatility and deflation derailing a [U.S.] recovery”.

However, the central bank maintained its bias towards a rate hike sometime this year, while lowering its long-term outlook for the economy.

“We may continue to see a downward progression for stock markets, as investors adjust to a world where growth is expected to be weaker…”