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Economy 12 Dec 2016 | 2:31 AM

China should target 6.5% economic growth in 2017

SHANGHAI: China should set an economic growth target of around 6.5 percent for 2017, although it is very likely that it will be able to exceed that level, the State Information Center said on Monday.

Economy 03 Sep 2016 | 12:00 AM

Light at the end of the tunnel?

IT’S a wrap for the second quarter result to 2016, and it looks like while earnings may still be weak, early signs of a less fragile economy is starting to show.

Business 10 Jun 2016 | 12:00 AM

US equities are attractive, says UBS wealth arm

TOKYO: US equities are an attractive investment as economic momentum is picking up and some bearish factors such as a strong dollar and low oil prices are diminishing, a top fund manager of UBS’s US$2 trillion wealth arm, told Reuters.

Economy 11 Jan 2016 | 2:41 AM

China will find it tough to achieve over 6.5 percent growth over 2016-2020

SHANGHAI: China will face great difficulty in achieving economic growth above 6.5 percent over the 2016-2020 period due to slowing global demand and rising labor costs at home, the China Securities Journal quotes a top state adviser as saying.

Economy 22 Dec 2015 | 6:34 AM

S. Korea central bank says households' fiscal health has worsened

SEOUL: South Korea's central bank said the fiscal health of the country's household sector has worsened slightly as debt growth outpaced income growth in the second half of the year.

Economy 10 Sep 2014 | 12:00 AM

Morgan Stanley ups Malaysian growth target

PETALING JAYA: International investment bank Morgan Stanley Research has raised its 2014 economic growth forecast for Malaysia to 5.8%, from an earlier projection of 5.1%, on the back of stronger-than-expected exports growth.

Business 11 Jan 2014 | 6:50 AM

US job growth falters as cold weather grips nation

WASHINGTON: U.S. employers hired the fewest workers in nearly three years in December, but the setback was likely to be temporary amid signs that unusually cold weather may have had an impact.

Economy 26 Dec 2013 | 1:04 PM

Thai finance ministry cuts 2013 GDP forecast to 2.8%

Thailand's economy is likely to have grown 2.8% in 2013, down from 3% forecast earlier this month, due to weaker-than-expected exports and domestic demand while anti-government protests in Bangkok are hurting confidence, a senior official from the finance ministry said on Thursday.

Economy 26 Aug 2013 | 12:14 PM

China economy showing clear signs of stabilisation

China's economy is showing clear signs of stabilisation, helped by policy support and some improvement in global demand, and is on track to meet the government's 2013 growth target of 7.5%, the state statistics bureau said on Monday.

Business 10 Aug 2013 | 12:00 AM

An inconvenient truth:

As to be expected, markets ignored the “if” and the “could” and freaked out with the usual knee-jerk reaction, as though the Fed would start winding-down later in the year the QE3 easy money policies (currently at a US$85bil monthly clip in asset purchases) and bring it to a halt by mid-2014. Investors fled stocks and bonds, fretting the era of ultra-low interest rates and abundant easy central bank cash may soon end, resulting in interest rate hikes and falling bond prices.