Money Talks

China's economic growth slows to 4.9% in the third quarter | Money Talks

China's economic growth slowed to a crawl in the third quarter, raising concerns over the global recovery from the pandemic. G-D-P in the July to September period expanded 0-point-2 percent from the previous three months. The year-on-year number was 4-point-9 percent, down from the almost 8 percent growth recorded in the second quarter. The slump was felt the most on China's construction sites. Home sales data showed a 17-percent contraction year-on-year last month, following an almost 20 percent drop in August. Meanwhile, industrial output rose 3 percent, missing estimates. One bright spot was retail sales. Those were up 4-point-4 percent in September, beating expectations. Officials in Beijing say the government still has the tools to prop up the world's second largest economy. For more, we spoke to Jeffrey Halley. He's a senior market analyst for the Asia Pacific region at OANDA and joins us from Jakarta. #AsiaMarkets #ChinaEconomy #EconomicSlowdown #GlobalGDP

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China Slowdown: Beijing lowers economic growth target for 2019

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Discarded clothing creates mountain of waste in Chile desert | Money Talks

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Lebanese people turn to cryptocurrencies amid banking crisis | Money Talks

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Evergrande shares fall to 11-year low as company nears default

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UN seeks record $41B in humanitarian aid for 2022 | Money Talks

South African businesses struggle under Omicron travel bans | Money Talks

South African businesses struggle under Omicron travel bans | Money Talks

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Singaporean ride-hailing firm Grab raises $4.5B in SPAC listing on the Nasdaq | Money Talks

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US economy adds 210,000 new jobs, below expectations | Money Talks

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Biz in 60: Turkey inflation, Kaisa debt crisis, DP World drops Haifa port bid

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OPEC+ members to raise monthly output by 400,000 barrels per day

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Biz in 60: Turkey’s new finance minister, South Korea inflation, Disney’s first woman chair

Wall Street indices fall after US reports first Omicron case

Wall Street indices fall after US reports first Omicron case

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