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Chinese auto market to double by 2019: study

(FRANKFURT-AFP) – The global auto market will continue to expand in the coming years, driven particularly by China where sales will nearly double by 2019, consultants PwC said in a study Thursday. “While sales of automobiles and light trucks are set to nearly double...
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IMF Managing Director cites Philippines and other emerging markets’ role to global growth

International Monetary Fund Managing Director Christine Lagarde cited the “critical role” played by the Philippines and other emerging markets in the Asia-Pacific region in driving global growth which she said has helped stabilize the economies of this part of the world. Lagarde,...