China's NBS: Inappropriate to say that China is in deflation

The head of China's National Bureau of Statistics (NBS) on Monday said that it is inappropriate to say that the world's second-largest economy is in deflation, as the decline in the producer price index (PPI) or factory-gate prices was mainly due to the drop in global commodity prices.

The Producer Price Index rose 0.9 percent in December from a year ago, lower than the 1.6 percent economists were expecting in a Reuters poll.

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Will cut more taxes and fees, and increase special bond quotas.

Jan 21, 2019

Moody's questions the efficacy of China's stimulus

The ratings agency Moody's is out on the wires questioning the efficacy of China's future stimulus programs in buttressing the economic growth. Key

Sterling could be the best-performing G-10 in 2019 - Goldman Sachs

The British Pound could turn out to be the best-performing G-10 currency of this year, as the recent developments are pointing toward a softer Brexit,