World leaders are gathering at the United Nations Headquarters in New York City from Friday to Sunday to discuss the Sustainable Development Goals before the UN General Assembly.
Among other precious metals, platinum slid for a fifth session out of six on fears that demand from the auto sector, where the metal is used in diesel catalysts, could take a hit following the Volkswagen emissions scandal.
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...
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.
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,...
“China shares were up for the third day on the trot, a running streak unseen for a month thanks to optimism surrounding President Xi’s state visit to the USA”, said Mike Van Dulken, analysts at Accendo Markets.
Chinese President Xi Jinping, center, addresses a U.S.-China business roundtable, comprised of USA and Chinese CEOs, Wednesday, September 23, 2015, in Seattle. With the USA one year away from the next presidential election, the president needs to show he will not back down from...
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.
“These are the largest economies in the world, and we’re the biggest emitters of greenhouse gases, so improving cooperation and collaboration is really a necessity”, said Brian Young, Washington state director of economic development for the clean technology sector.
“$1.5-trillion of uncommitted spend on new conventional projects and North American unconventional oil is uneconomic at $50 a barrel“, Woodmac added. In July, however, Federal Reserve Chair Janet Yellen said the Fed would raise rates this year if economic conditions...