US inflation report of 4.2 percent raises concerns

US inflation report of 4.2 percent raises concerns

By Anna Domanska - May 14, 2021

The US reported the highest inflation recorded in the last dozen years at 4.2 percent in April, riding on government stimulus packages, improved energy prices, better spending and

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PBOC reports drop in Lending by Chinese Banks, Money Growth Slowdown

PBOC reports drop in Lending by Chinese Banks, Money Growth Slowdown

By Jay Raol - Jun 13, 2011

Lending by banks in China has dropped to 551.6bn Yuan ($85bn; £52bn) in new loans, as compared to April lending which amounted to 739.6bn Yuan, according to data released by the P

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