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Shanghai Daily,上海日报

Economy


Canada’s GDP off in Q2, slump on horizon

THE Canadian economy shrank again in the second quarter, putting the country in recession for the first time since the financial crisis, with a plunge in oil prices taking a toll as business investment ...

September 2, 2015, Wednesday


US factory activity slips to over 2-year low

US factory activity hit a more than two-year low in August as manufacturers struggled with a strong dollar, weak global demand and the lingering effects of deep spending cuts in the energy sector....

September 2, 2015, Wednesday


Factories and services in slowdown

THE performance of China’s manufacturing and services firms weakened in August, with activity in state-owned industrial companies contracting for the first time in six months and that in private manufacturers ...

September 2, 2015, Wednesday


Both manufacturing and service PMI weaken in August

PERFORMANCE of both China's manufacturing firms and services firms weakened in August, with the activity in state-owned industrial companies contracting for the first time in six months and that in private ...

September 1, 2015, Tuesday


Goldman Sachs cuts China’s 2016 forecast

GOLDMAN Sachs slashed its 2016 forecast for China down to 6.4 percent from 6.7 percent while sticking to its 6.8 percent prediction for this year. The reduction follows “a very weak” growth in the world’s ...

September 1, 2015, Tuesday


Eyes on economic data for likely US rate rise

After a dizzying two weeks that saw a rapid plunge and rebound in equity prices, investors are looking forward to a week of economic data that may provide clarity on the likelihood of a near-term US interest...

August 31, 2015, Monday


Growth continues to lead the world, says premier

CHINA’S economy is growing at a “reasonable” pace and, despite growing pressures, the government can cope with the risks the country faces, according to Premier Li Keqiang. In remarks published on Saturday ...

August 31, 2015, Monday


Industrial profits fall on weak GDP

PROFITS of China’s industrial companies fell further in July amid increased signs that the world’s second-biggest economy continued to be weak. Net earnings of manufacturing companies lost 2.9 percent ...

August 29, 2015, Saturday


Japan GDP yet to escape the doldrums

THE backdrop to the wild drama in financial markets over the past few weeks is a less dramatic but more daunting reality: the deep-seated challenges for sustaining long-term growth, especially for aging ...

August 29, 2015, Saturday


US economy grows faster in Q2

THE US economy grew faster than initially thought in the second quarter on solid domestic demand, showing fairly strong momentum that could still allow the Federal Reserve to hike interest rates this ...

August 28, 2015, Friday




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