Recent Posts

Japan GDP shake-up knocking world’s growth indicator

  AFP Japan is eyeing an overhaul of how it measures growth in its economy, and that is stirring fresh questions about the reliability of the world’s go-to indicator – gross domestic product — in the digital age. Researchers at Japan’s central bank crunched some numbers recently and concluded that the booming-economy-turned-perennial-laggard actually grew 2.4 percent in fiscal 2014 rather ...

Read More »

China’s biggest coal miner digs on as national output slips

  Bloomberg China’s biggest coal miner has sprung into action as the government calls on major producers to ease supply tightness before winter. China Shenhua Energy Co. output jumped more than 14 percent in September from the same month last year, while national production was down more than 12 percent, company and government data on Wednesday showed. And as national ...

Read More »

Reliance Industries profit up as Petchem earnings expand

  Bloomberg Reliance Industries Ltd.’s second-quarter profit rose 18 percent from a year earlier, buoyed by higher earnings from its petrochemicals business. Net income for the operator of the world’s biggest oil-refining complex rose to 77.04 billion rupees ($1.2 billion) in the three months ended Sept. 30, the Mumbai-based company said Thursday in a stock exchange filing. That compares with ...

Read More »
Send this to a friend