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Shanghai Daily,上海日报
Latest news:

Economy


PBOC to continue with ‘loose’ policy

THE People’s Bank of China will keep policy slightly loose to support the economy, which still faces downward pressure, the China Business News said yesterday, citing a report by the central bank’s monetary ...

May 27, 2016, Friday


Business growth in eurozone falls to 16-month low in May

BUSINESS growth across the eurozone dipped to a 16-month low in May, but stronger showings from Germany and France suggest it is the smaller member countries that might be struggling. Offering the latest ...

May 24, 2016, Tuesday


US warns Japan over alleged meddling in currency values

THE United States on Saturday issued a fresh warning to Japan against intervening in currency markets as the two countries’ differences over foreign exchange overshadowed a Group of 7 finance leaders’ ...

May 23, 2016, Monday


China unveils 3-step innovation strategy

Chinayesterday unveiled a guideline for a national strategy that maps out three major steps to promote the country’s inno­vation-driven development. The blueprint pledges to build China into an innovative ...

May 20, 2016, Friday


Yuan falls for 3rd day against dollar

THE yuan weakened against the United States dollar for a third straight day yesterday after the central bank adjusted the reference rate to its lowest level in more than two months. The Chinese currency ...

May 20, 2016, Friday


Consumer price rise in US could provide fuel for interest rate rise

CONSUMER prices in the United States recorded their biggest increase in more than three years in April as gasoline and rents rose, pointing to a steady inflation build-up that could give the Federal Reserve ...

May 18, 2016, Wednesday


April indicators damage hopes of China’s economic recovery

THE rates of growth of China’s industrial output, retail sales and fixed-asset investment all slowed in April, the National Bureau of Statistics said, dimming hopes raised by the March data and adding ...

May 16, 2016, Monday


China's infrastructure plan not another stimulus: economist

CHINA'S infrastructure spending plan is not comparable to the 2008 stimulus, a J.P.Morgan economist claims. The Ministry of Transport and the National Development and Reform Commission has announced that ...

May 15, 2016, Sunday


Germany’s economy expands by 0.7% in Q1

GERMANY’S economy more than doubled its expansion rate in the first quarter as spending picked up, cementing its role as the growth engine for a region in which the effects of high-powered monetary stimulus ...

May 14, 2016, Saturday


Reducing overcapacity must be a priority, economists say

China should prioritize eliminating overcapacity and drive market-oriented reforms to unleash its growth potential, experts said yesterday....

May 14, 2016, Saturday




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