Positive news continues to trickle in for Italy’s economy, but investors and economists say that it is still too early to say the economy has finally emerged from its long economic malaise.
Spain’s consumer prices fell 0.2 percent in May when compared with the same month of a year earlier, according to the Consumer Price Index (CPI) published on Friday by Spain’s Statistical Office (INE).
China’s producer price index (PPI) slid 4.6 percent year on year in May, the 39th straight month of declines, official data showed on Tuesday.
The Ministry of Commerce said on Monday that Australia had issued an anti-dumping notice on silicon metal exported from China after an investigation into dumping and subsidization.
China will probably cut domestic guide prices for gasoline and diesel due to drops in global crude prices.
Lock-up shares worth 81.6 billion yuan (over 13 billion U.S. dollars) will become eligible for trade on China’s stock markets in the next week, slightly fewer than a week ago.
OPEC decided to maintain its production ceiling at 30 million barrels a day at the cartel’s meeting in Vienna on Friday.
Despite lackluster economic indicators, the head of Morgan Stanley upheld his optimistic outlook on the Chinese economy.
Total custodial assets of China’s banking industry surged last year as banks seek to expand the business and maintain profitability during the process of market-oriented interest rate reform.
Foreign Minister Murray McCully on Wednesday welcomed a visit to New Zealand by China’ Communist Party Politburo Member and Guangdong Province Communist Party Secretary Hu Chunhua.