China May economic data complicate future policymaking
06-12-2010
- Economic data for May released Friday showed that China was eyeing rising inflation and slowing economic growth, indicative of what the "the most complicated year" meant for the country's economy.
Experts said the mixed..
Chinese May CPI up 3.1%
06-11-2010
- Chinese consumer price index (CPI), a main gauge of inflation, up 3.1% year on year in May, the National Bureau of Statistics (NBS) announced Friday.
The May figure was up 0.3 percentage points from April's rise of 2.8 ..
Kia Motors to recall subcompact cars
06-11-2010
- Kia Motors Corp., the No. 2 carmaker in South Korea, will call back more than 20,000 vehicles for problems in the fuel injection system, the government said Friday.
According to a statement issued by the Ministry of Lan..
Q1 profitability growth in S. Korean firms hits five-year high..
06-11-2010
- South Korean corporate profitability rose at the fastest rate in over five year in the first quarter of 2010, on the back of the local currency's gain, the central bank said Friday.
According to a report by the Bank of ..
Chinese industrial output climbs 16.5% in May
06-11-2010
- Chinese industrial value-added output, a barometer of overall economic growth, up 16.5% in May from a year earlier, the National Bureau of Statistics (NBS) announced Friday.
The growth rate was 7.6 percentage points hig..
Chinese retail sales up 18.7 pct in May
06-11-2010
- Chinese retail sales, the main gauge of consumer spending in the world's fastest-growing economy, rose 18.7 percent year on year to 1.25 trillion yuan (183 billion U.S. dollars) in May, the National Bureau of Statistics ..
Chinese May PPI rise 7.1%
06-11-2010
- China's Producer Price Index (PPI) rose 7.1% year on year in May, China's National Bureau of Statistics (NBS) announced here Friday.
China's exports surge 48.5% in May
06-10-2010
- China's exports up 48.5 percent year on year in May, while the imports climbed 48.3 percent, the General Administration of Customs (GAC) announced Thursday.
The growth rate for exports was 18.1 percentage points up from..
Bernanke: European debt crisis to have modest effect on U.S.
06-10-2010
- Ben Bernanke, U.S. Federal Reserve Chairman, said on Wednesday that his country's economic recovery will be on track and the European debt crisis is likely to have only a "modest" impact on the U.S.
"The recovery in eco..
Japanese wholesale prices rise 0.4% in May on year
06-10-2010
- Japan's wholesale prices up 0.4 percent in May compared to a year earlier, the Bank of Japan (BOJ) said in a preliminary report on Thursday.
The BOJ's figures beat median forecasts of a 0.2 percent rise and marked the f..