CNBC Franchise Archive Asia Economy


  • *Gold eyes strongest monthly gain since January. NEW YORK/ LONDON, Aug 31- Gold steadied on Monday, bouncing up from session lows as oil prices rallied and the U.S. dollar fell, after bullion felt earlier pressure on indications the Federal Reserve may still raise interest rates this year, despite recent market turmoil. "It was oil that sparked the short-covering,"...

  • BERLIN, Aug 31- German food exports to China rose almost 47 percent in the first half of this year, the Federal Association of German Food and Drink Industries said on Monday, despite a slowdown in Chinese economic growth. The surge in food sales contrasted with a less than 1 percent rise in Germany's total exports to China in January to June- the same as to...

  • China stocks are still scary at this level Monday, 31 Aug 2015 | 10:32 AM ET
    A man watches stock prices at a brokerage in Beijing, China.

    Despite a big drop in China's market, here's why Chinese stocks are still not a buy, says wealth manager Michael Yoshikami.

  • BEIJING, Aug 31- China relaxed its housing investment rules for the second time in two weeks on Monday by slashing the downpayment level for most second-home buyers, as authorities try to jumpstart growth in a part of the economy that is showing rare signs of buoyancy. The change, effective Sept. 1, applies to all cities except Beijing, Shanghai, Shenzhen and...

  • Bifurcated China reaching turning point: Peter Orszag

    Peter Orszag, Citigroup vice chairman and former OMB director, shares his outlook on China's economy.

  • 'Shipping indicator' provides read on global economy Monday, 31 Aug 2015 | 7:17 AM ET
    'Shipping indicator' provides read on global economy

    Urs Dur, TBS Ocean Logistics CFO, says the dry shipping market is soft and demand is weak.

  • Bulk of China macroeconomic data poor: Expert Monday, 31 Aug 2015 | 6:33 AM ET
    Bulk of China macroeconomic data poor: Expert

    Adrian Mowat, JPMorgan, weighs in on China's markets, and provides his thoughts on China's economy.

  • *Gold eyes monthly gain, rebounding from 5-1/ 2- year low. LONDON, Aug 31- Gold steadied on Monday after last week's slide as a retreat in the dollar lent support, but indications that the Federal Reserve may still raise interest rates this year despite recent market turmoil weighed on the metal. Spot gold was flat at $1,132.98 an ounce at 0934 GMT, while U.S. gold...

  • BANGKOK, Aug 31- Thailand's private consumption and investment slipped in July, central bank data showed on Monday, adding to the pessimism over weak exports that suggests a still fragile economic recovery. Southeast Asia's second-largest economy is struggling to recover after an army coup in May 2014 ended months of street protests with exports...

  • Malaysia PM playing the race card: Control Risks Monday, 31 Aug 2015 | 12:18 AM ET
    Malaysia PM playing the race card: Control Risks

    Prime Minister Najib Razak is painting the mass protest rally over the weekend as one that doesn't serve the interests of ethnic Malays, says Giulia Zino, senior analyst at Control Risks.

  • SHANGHAI Aug 31- China's yuan firmed on Monday after the central bank set a stronger guidance rate while it also appeared to continue using state-owned banks to support the Chinese currency, traders said. Most of the losses came after the People's Bank of China surprised markets by devaluing the yuan by nearly 2 percent on Aug. 11. After the abrupt devaluation on...

  • BEIJING, Aug 31- China's slowing economy has taken its toll on the first-half earnings of major construction machinery makers Zoomlion Heavy Industry Science and Technology Co Ltd and Sany Heavy Industry Co Ltd.. Even China's pledge to support the Silk Road infrastructure initiative with $40 billion worth of investments may not be enough to revive the heavy...

  • Indian economy offers hope as China struggles Sunday, 30 Aug 2015 | 5:00 PM ET

    NEW DELHI, Aug 31- For investors worried about the health of emerging economies, India's gross domestic product data for April-June should supply some cheer on Monday- the country is expected to remain the fastest growing major economy for a second straight quarter. But doubts persist over India's new way of calculating GDP, introduced early this year, even...

  • China's Premier Li Keqiang.

    China's economy is growing at a "reasonable" pace and the government can handle well the risks the country faces, Premier Li Keqiang said in remarks published late Saturday.

  • BEIJING, Aug 30- China's economy is growing at a "reasonable" pace and, despite growing pressure, the government can handle well the risks the country faces, Chinese Premier Li Keqiang said. Li said international market instability "has increased the uncertainties around the global economic recovery, and the impact on China's financial market and imports and...

  • DIARY- Top Economic Events to Sept 12 Friday, 28 Aug 2015 | 8:01 PM ET

    ZURICH- Swiss National Bank head Thomas Jordan addresses a business gathering- 1600 GMT. REYKJAVIK- Launch of Economic Survey of Iceland 2015. NEW YORK- Federal Reserve Bank of Boston President Eric Rosengren speaks on the economic outlook before the Forecasters Club of New York- 1710 GMT. TOKYO- Japan Economics Minister Akira Amari speaks at a seminar at...

  • Market fears trigger a new Main Street reality Friday, 28 Aug 2015 | 10:53 AM ET
    Ruth Tzanetatos manages Noni’s Coffee Shop in the Bronx section of New York.

    Deepening fears about China and market turmoil are forcing some on Main Street to worry and start planning for possibly lower demand.

  • Havas CEO: We are gaining market share in China Friday, 28 Aug 2015 | 9:50 AM ET
    Yannick Bolloré, Chief executive of French advertising agency, Havas

    Yannick Bollore, CEO of French advertising agency, Havas, has said the group is seeing strong demand in China.

  • Need to be patient with China: Pro Friday, 28 Aug 2015 | 5:30 AM ET
    Need to be patient with China: Pro

    Daniel Tenengauzer, head of EM and global FX strategy at RBC, says China’s central bank policies should eventually help the country to bounce back, despite skepticism.

  • Aug 28- China's central bank is highly likely to ease monetary policy again by the end of this year, according to economists surveyed by Reuters, as it seeks to support a rapidly cooling economy and calm financial markets. While prospects of further easing will calm investors who are jittery over the effects a China slowdown could have on global growth, some...

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