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Shanghai Daily,上海日报
Latest news:

Economy


Expected Eurozone growth slower at 1.6%

EUROZONE growth will be slower than previously expected with subdued inflation this year, the European Commission said in its economic forecasts yesterday, warning of high external and internal risks ...

May 4, 2016, Wednesday


PMI dips on weak manufacturing

CHINA’S manufacturing sector continued to see operating conditions deteriorate for the 14th month in April as new orders stagnated while exports fell for a fifth month, a private survey showed yesterday. The ...

May 4, 2016, Wednesday


US GDP grows at weakest in 2 years

THE US economy inched forward at the weakest pace in two years from January through March, as consumer spending growth slowed, business investment plunged and exports declined further. The gross domestic ...

April 29, 2016, Friday


Economy posts sectoral stability

CHINA’S economy got off to a good start this year as there were signs of stabilization in various sectors, but strong headwinds remain as it reforms and restructures, government departments said yesterday. The ...

April 29, 2016, Friday


Industrial profits point to stability

CHINA’S manufacturing companies saw profits grow faster in the first quarter — proof that the Chinese economy is stabilizing, data from the National Bureau of Statistics showed yesterday. Net earnings ...

April 28, 2016, Thursday


Reform policies set to rejuvenate northeast China

CHINA will rejuvenate its northeast rust-belt region through reform and economic restructuring, according to a policy document released yesterday. State-owned enterprises will be restructured, private ...

April 27, 2016, Wednesday


State firms’ profits slide 13.8% in Q1

THE combined profits of China’s non-financial state-owned enterprises in the first quarter fell 13.8 percent year on year to 432 billion yuan (US$66.5 billion), according to figures published yesterday ...

April 27, 2016, Wednesday


Fed likely to hold interest rates steady

US Federal Reserve policymakers are expected to hold interest rates steady when they meet this week, but may tweak their description of the economic outlook to reflect more benign conditions, leaving the...

April 25, 2016, Monday


Jobless rate ‘stable’ due to 3.2m new openings

CHINA’S registered unemployment rate in urban areas was 4.04 percent at the end of the first quarter, virtually unchanged from 4.05 percent at the end of last year, the Ministry of Human Resources and ...

April 23, 2016, Saturday


Eurozone’s PMI dips despite price-cutting moves by ECB

Further price-cutting failed to halt a slowdown in eurozone business growth this month, a survey showed, disappointing the European Central Bank which wants inflation to rise....

April 23, 2016, Saturday




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