Consumer prices fell in April for the first time since early last year, and inflation rose at its slowest rate since the 1960s, a new government report said …
The report suggested that government stimulus efforts had not spurred the undesired effect of inflation.
China’s inflation accelerated in April, triggering fears of overheating and a possible credit clampdown by Beijing that might slow the country’s economic recovery.
April consumer prices rose 2.8 percent from a year earlier, below Beijing’s full-year target of 3 percent but up 0.4 percentage points from March, the National Bureau of Statistics said.
The global economic crisis has already shaped up as one of the defining stories at this year’s Cannes Film Festival.
Its effects are evident both in empty theater seats and on-screen with a movie like “Inside Job,” a documentary about the crisis from Charles Ferguson, a dot-com entrepreneur turned moviemaker.
Founded three seasons ago, the Indian Premier League managed to make the sport of cricket sexy.
India’s corporate titans bought teams, Bollywood stars infused matches with celebrity glamour and fans from Mumbai to Dubai to New Jersey followed the league on television as its value rose to more than $4 billion.
When the currencies of countries like Hungary and Romania plunged last year, thousands of businesses and homeowners there found themselves stuck with some of the most extreme variable-interest-rate loans on the planet.
When the currencies of countries like Hungary and Romania plunged last year, thousands of businesses and homeowners there found themselves stuck with some of the most extreme variable-interest-rate loans on the planet.
The pain of the European debt crisis is spreading as the plummeting euro makes Chinese companies less competitive in Europe, their largest market, and complicates any move to break the Chinese currency’s peg to the dollar.
The pain of the European debt crisis is spreading as the plummeting euro makes Chinese companies less competitive in Europe, their largest market, and complicates any move to break the Chinese currency’s peg to the dollar.
Federal financial regulators forged ahead to try to prevent a repeat of the May 6 roller-coaster stock ride, though they had not determined the cause of the sudden, steep decline in prices that day.
Federal financial regulators forged ahead to try to prevent a repeat of the May 6 roller-coaster stock ride, though they had not determined the cause of the sudden, steep decline in prices that day.
As everyone now knows, it’s not simply Greece – or Portugal or even Spain – that is under the gun as a result of the European debt crisis.
It’s the entire Eurozone – and hence European Union – experiment.
As everyone now knows, it’s not simply Greece – or Portugal or even Spain – that is under the gun as a result of the European debt crisis.
Worried about reports of Chinese hackers and spying, the Indian government has effectively barred local mobile phone operators from making deals with Chinese telecommunications manufacturers, according to the head of India’s main cellular industry trade group.
