Singapore-traded rust climbed to its highest level since 2014 as it hit $93.83 a metric ton Friday, while port inventories in China suffered their sharpest weekly decline since 2015 – a typically bullish sign.
With credit conditions sharply easing and fueling fresh economic stimulus, that’s reason to believe the picture for the rest of the year will be bright. The floor space of apartment buildings under construction is similarly increasing at its fastest pace in more than four years, with an 8.3 percent rebound from a year earlier in February. In Beijing, Tianjin and the eastern provinces of Shandong, Zhejiang, Fujian and Guangdong, real estate fixed-asset investment is rising at double-digit rates, more than enough to offset signs of weakness in neighboring Shanghai, Jiangsu and Hebei.Parts of the property market are still looking dicey.
The weakness also appears to be showing up in futures markets. Typically, near-term deliveries of steel reinforcement bar and hot-rolled coil cost several hundred yuan a ton more than longer-dated supplies, as builders and manufacturers try to get their hands on product as soon as they can.
Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Business Maverick: Analysis: Belt & Road’ Will Help World; China, Not So MuchThe global economic development initiative that China calls “One Belt, One Road” is considered one of Beijing’s major instruments in its geopolitical battle. But academic Tyler Cowen argues it’s unlikely to do much to boost Chinese power as it helps most of the world.
Sumber: dailymaverick - 🏆 3. / 84 Baca lebih lajut »
Business Maverick: Analysis: What Data Say About China, Global Economy: Mohamed A. El-ErianThe slowing of the Chinese economy, along with growing evidence of European growth under pressure, cast a big cloud of uncertainty over the global economy coming into 2019, write Bloomberg economist Mohamed A. El-Erian
Sumber: dailymaverick - 🏆 3. / 84 Baca lebih lajut »
Business Maverick: Analysis: The Future of Economic GrowthJim O’Neill, former chairman of Goldman Sachs Asset Management and a former UK Treasury Minister, on the growing divide between economic theory and real-world economic conditions
Sumber: dailymaverick - 🏆 3. / 84 Baca lebih lajut »
BUSINESS MAVERICK: Africa is being left out of the digital tax loopIt’s a tricky issue. Tech companies are able to operate internationally very effectively, zooming down fibre optic cables from their tax havens. Should they be taxed in a different way? It’s now a leading topic on the global agenda, and African tax experts are hustling to join the discussions. Governments around the world have proposed varying solutions. Africa, however, is not necessarily happy with the progress, but potential solutions are out there. Very interesting piece DURITZ79
Sumber: dailymaverick - 🏆 3. / 84 Baca lebih lajut »
Business Maverick: Wednesday April 10: Five Things You Need to Know to Start Your DayIMF cuts global growth outlook; U.S. stocks ended an eight-day winning streak as concerns about growth and trade took hold of investors. Here are some of the things people in markets are talking about.
Sumber: dailymaverick - 🏆 3. / 84 Baca lebih lajut »
BUSINESS MAVERICK: Emerging risks for emerging economiesSuddenly it seems that emerging-market economies have gained a respite – but it may be short-lived.
Sumber: dailymaverick - 🏆 3. / 84 Baca lebih lajut »
Business Maverick: Friday, April 11: Five Things You Need to Know to Start Your DayBrexit gets a deadline extension, Australia’s election date is announced and the Fed shows some rate flexibility. Here are some of the things people in markets are talking about.
Sumber: dailymaverick - 🏆 3. / 84 Baca lebih lajut »
Business Maverick: Ramaphoria has taken hold of the otherwise serially depressive S&P Global RatingsIn more than a year South Africa has gone from Ramaphoria, the burst of optimism about South Africa that was unleashed after the election of President Cyril Ramaphosa, to a sobering reality of political and economic crises. However, credit rating agency S&P Global Ratings is on a Ramaphoria high, expecting South Africa’s economy to grow by 1.6% in 2019. Meanwhile, economists expect growth of less than 1%.
Sumber: dailymaverick - 🏆 3. / 84 Baca lebih lajut »
Business Maverick: Tiffany Training Africans to Cut Locally Sourced DiamondsTiffany & Co. has been expanding its workforce in sub-Saharan Africa -- a region of almost one billion people where the jewelry giant doesn’t have a single store.
Sumber: dailymaverick - 🏆 3. / 84 Baca lebih lajut »
Business Maverick: P&G Puts Ad Platforms Like Facebook, Google on NoticeProcter & Gamble Co., one of the most important advertisers for Google and Facebook Inc., ramped up criticism of internet platforms, saying the problems plaguing the industry aren’t getting fixed fast enough.
Sumber: dailymaverick - 🏆 3. / 84 Baca lebih lajut »