China plans to set 2015 growth target at 'around 7 percent': sources

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Báo Thanh Niên English 4 day(s) ago

China plans to set 2015 growth target at 'around 7 percent': sources

China plans to cut its growth target to around 7 percent in 2015, its lowest goal in 11 years, sources said, as policymakers try to manage slowing growth, job creation and pursuing reforms intended to make the economy more driven by market forces.

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Singapore’s monetary and trade agencies warns about deflation

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VietnamPlus English 6 day(s) ago

The Monetary Authority of Singapore (MAS) and the Ministry of Trade and Industry (MTI) have reported that the country’s inflation in 2014 came in at 1 percent, down from 2.4 percent in 2013.

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IMF downgrades global growth forecast

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VietnamNet English 1 week(s) ago 1 related news

IMF downgrades global growth forecast

The International Monetary Fund (IMF) has lowered its forecast for global economic growth for this year and next.

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More goods stocked to keep prices low

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VietNam News English 1 month(s) ago

More goods stocked to keep prices low

Officials in HCM City say there will not be a shortage of goods or price hike during Tet, as the supply of commodities is much larger than last year.

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Vietnam inflation slips to 10-year low as oil prices drag

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Báo Thanh Niên English 1 month(s) ago

Vietnam inflation slips to 10-year low as oil prices drag

Vietnam’s inflation finished 2014 at 4.09 percent, the lowest rate in 10 years, partly due to cheaper petrol costs.

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Abe coalition secures big Japan election win with record low turnout

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Báo Tuổi Trẻ English 1 month(s) ago 1 related news

Abe coalition secures big Japan election win with record low turnout

Japanese Prime Minister Shinzo Abe, brushing aside suggestions that a low turnout tarnished his coalition's election win, vowed on Monday to stick to his reflationary economic policies, tackle painful structural reforms and pursue his muscular security stance.

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Abe coalition secures big Japan election win with record low turnout

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Báo Thanh Niên English 1 month(s) ago 1 related news

Abe coalition secures big Japan election win with record low turnout

Japanese Prime Minister Shinzo Abe's coalition has cruised to a big election win, ensuring he will stick to reflationary economic policies and a muscular security stance, but record low turnout pointed to broad dissatisfaction with his performance.

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ILO warns over flatlining wages in developed nations

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VietNam News English 2 month(s) ago

Wages in developed countries are flatlining and even falling in some places, holding down economic growth after the financial crisis and increasing the risk of deflation, the International Labour Organisation said on Friday.

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No signs of deflation, economic recovery well on track: Gov’t

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Báo Tuổi Trẻ English 2 month(s) ago 1 related news

No signs of deflation, economic recovery well on track: Gov’t

There is no sign that the local economy has slipped into deflation, though the headline consumer price index (CPI) in November witnessed a negative growth after months of growing at a very slow pace, said a senior state official at a press briefing after a recent monthly meeting of the government in Hanoi.

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China ready to cut rates again on fears of deflation: sources

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Báo Thanh Niên English 2 month(s) ago

China ready to cut rates again on fears of deflation: sources

China's leadership and central bank are ready to cut interest rates again and also loosen lending restrictions, concerned that falling prices could trigger a surge in debt defaults, business failures and job losses, said sources involved in policy-making.

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Abe listening to Krugman after Tokyo limo ride on Abenomics fate

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Báo Thanh Niên English 2 month(s) ago

Abe listening to Krugman after Tokyo limo ride on Abenomics fate

When Japanese economist Etsuro Honda heard that Paul Krugman was planning a visit to Tokyo, he saw an opportunity to seize the advantage in Japan’s sales-tax debate.

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The world economy is in bad shape, especially Europe: poll

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Báo Thanh Niên English 2 month(s) ago

The world economy is in bad shape, especially Europe: poll

The world economy is in its worst shape in two years, with the euro area and emerging markets deteriorating and the danger of deflation rising, according to a Bloomberg Global Poll of international investors.

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It's official: 25 eurozone banks flunk ECB financial health test

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Báo Đầu Tư English 3 month(s) ago

It's official: 25 eurozone banks flunk ECB financial health test

No major banks were among the 25 which failed the audit aimed at preventing a recurrence of the single currency area's debilitating financial crisis.

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IMF fights negative interest rates

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Báo Đầu Tư English 3 month(s) ago

IMF fights negative interest rates

The IMF said that from Monday it would maintain a floor rate of 0.05 per cent, or five basis points, on its special drawing rights or SDR currency, which represents a basket of the currencies of its largest members.

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ECB bond-buying reports send euro lower

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Báo Đầu Tư English 3 month(s) ago

ECB bond-buying reports send euro lower

Reports that the European Central Bank could expand its bond-buying programme to corporate debt pushed the euro lower against the dollar and other major currencies on Tuesday (Oct 21).

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