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U.S. continues to muddle through recovery

Jun 4, 2012
The interest rate on 10 year government bonds is back up above 1.5 percent and Oil is down to $82 a barrel in New York trading. There are signs of a slowdown in Chinese manufacturing and continual uncertainty about the debt crisis in Europe.
Posted In: U.S., Euro Eurozone, China, jobs report

Will China undertake a new fiscal stimulus?

May 30, 2012
World financial markets have been see-sawing in recent days amid talk China may or may not give an extra stimulus to its economy. China, the world's second largest economy, growth was running near 9 percent last year.
Posted In: China, economic stimulus

China and Japan cut out the middleman

May 29, 2012
China and Japan move to trade each other's currencies directly, without using the U.S. dollar to set the exchange rate. The change is a new step toward a world where the dollar is not last word in global currencies.
Posted In: yuan, yen, dollar, China, Japan

Australia looks to import millionaire investors

May 29, 2012
Starting July 1, Australia will offer permanent residency to anyone willing to invest $5 million in an Australian company, venture capital fund, or government bonds.
Posted In: Australia, Immigration, China

Rare earths plant in Malaysia stopped by protests

May 28, 2012
Despite their name, rare earths are common. And now countries besides China, like Malaysia, are exploring how to make money mining for the key component in electronics.
Posted In: rare earths, Malaysia, China, rare earth minerals

Manufacturing in China slumps for seventh month

May 25, 2012
Figures out today show Chinese manufacturing fell for the seventh month in a row. Countries like Australia and South Africa could suffer more than the U.S.
Posted In: China, manufacturing

Survey: China is richer, but not happier

May 23, 2012
A survey finds more money does not equal more happiness in China.
Posted In: China, China's Economy

Chinese company Wanda to buy 5,000 AMC cinema screens

May 21, 2012
It’s a lot of money, but Chinese ownership is no big deal for most Americans.
Posted In: AMC, movie theaters, China

Chinese developer buys AMC movie theater chain

May 20, 2012
The Dalian Wanda group, a major Chinese real estate developer, has purchased America's second-largest movie theater chain for $2.6 billion.
Posted In: China, hollywood, AMC Entertainment, movies

U.S. puts tariffs on Chinese solar panels

May 18, 2012
The U.S. believes China is dumping solar panels at below-market prices in America and has hit back with a penalty of 31 percent. That tariff is surprisingly steep and many in China are not reacting well. Could they backfire?
Posted In: China, solar power, import export, tariffs

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