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U.S., China factories struggle; Fed hints at less stimulus
ReutersLONDON/NEW YORK (Reuters) - Chinese factory activity declined in May for the first time in seven months and U.S. manufacturing grew at its slowest pace since October, suggesting it may take a while before the global economy starts to pick up steam....Tags: S&P 500, Economy, Business and Finance, Nikkei, Employment, Japan
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EU denies breakdown in solar panel talks
ReutersBy Ethan Bilby BRUSSELS, May 23 (Reuters) - The European Commission rejected Chinese trade association statements that talks to resolve a dispute over allegations of dumping of solar panels had broken down, while Chinese comments highlighted risks the...Tags: Science and Technology, Regulatory Policy and Organizations, China, Politics, New Products
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North Korea willing to take China's advice, start talks
ReutersBEIJING (Reuters) - North Korea is willing to take China's advice and enter into talks, Chinese state television cited an envoy of North Korean leader Kim Jong-un as saying, following weeks of tension on the Korean peninsula after the North's latest...Tags: Communist Party of China, Kim Jong Il, North Korea, Kim Jong Un, Nuclear Weapons
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EXCLUSIVE-China urbanisation plan hits roadblock over spending fears-sources
ReutersBy Kevin Yao BEIJING, May 23 (Reuters) - China's plan to spend $6.5 trillion on urbanisation to bolster the economy is running into snags, sources close to the government said, as top leaders fear another spending binge could push up local debt levels...Tags: Economy, Business and Finance, Local Government, Lobbying, Finance, Labor Legislation
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GLOBAL ECONOMY-Warning signs for China, Fed hints at curbing stimulus
Reuters* Chinese factory activity declines in May -PMI * Data and comments from Bernanke send shares plummeting * Euro zone downturn eases slightly * Recovery still looks a way off By Andy Bruce LONDON, May 23 (Reuters) - Chinese factory activity shrank...Tags: Economy, Business and Finance, Ben Bernanke, Nikkei, Federal Reserve, China
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Exclusive :China urbanization plan hits roadblock over spending fears - sources
ReutersBEIJING (Reuters) - China's plan to spend $6.5 trillion on urbanization to bolster the economy is running into snags, sources close to the government said, as top leaders fear another spending binge could push up local debt levels and inflate a property...Tags: Economy, Business and Finance, Local Government, Government Debt, Lobbying, Government
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EU trade chief to seek investment pact with China
Reuters* Agreement would protect EU investors in China * Could eventually pave the way for a free-trade deal By Robin Emmott BRUSSELS, May 23 (Reuters) - The European Commission will seek the support of EU governments to launch talks with China on an...Tags: Trade Agreements, G20, China, Politics, New Products
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GLOBAL ECONOMY-U.S., Chinese factories struggle, Fed hints at less stimulus
Reuters* Chinese factory activity declines in May - PMI * U.S. manufacturing activity hits seven-month low * Euro zone downturn eases slightly * Data and comments from Bernanke send shares plummeting By Andy Bruce and Steven C. Johnson LONDON/NEW YORK,...Tags: Nikkei, Employment, Japan, Employment Opportunities, Ben Bernanke
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GLOBAL ECONOMY-U.S., China factories struggle; Fed hints at less stimulus
Reuters* China PMI shows factory activity declined in May * U.S. manufacturing activity hits seven-month low * Euro zone downturn eases slightly * Data, Bernanke comments from Wednesday send shares plummeting By Andy Bruce and Steven C. Johnson LONDON/NEW...Tags: S&P 500, Nikkei, Employment, Japan, Employment Opportunities
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China warns blind dissident ahead of Taiwan trip
ReutersBEIJING, May 23 (Reuters) - China warned blind legal activist Chen Guangcheng on Thursday to mind his language ahead of his trip next month to political rival Taiwan, on a visit which could infuriate Beijing if, as expected, Chen uses it to criticise...Tags: Trips and Vacations, Chen Guangcheng, Travel, Taiwan, Dalai Lama
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Yuan down slightly, weak survey might impact appreciation trend
Reuters* PBOC sets midpoint weaker after 2 days of record highs * China factory activity shrinks in April - HSBC survey * China official says U.S. QE exit could cause fund outflows By Lu Jianxin and Pete Sweeney SHANGHAI, May 23 (Reuters) - China's yuan,...Tags: Money and Monetary Policy, Economy, Business and Finance, Central Bank, Finance, People's Bank
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China factory activity shrinks for first time in seven months: flash PMI
ReutersBEIJING (Reuters) - China's factory activity shrank for the first time in seven months in May as new orders fell, a preliminary manufacturing survey showed, entrenching fears that its economic recovery has stalled and that a sharper cooldown may be...Tags: Economy, Business and Finance, European Debt Crisis, Finance, Nikkei, Quarterly or Semiannual Financial Statements
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