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But Ford has begun catching up, with sales in China up 61 percent in September from a year earlier, compared to a gain of 14 percent for G.M. As for Dr. Sun's letter, it may have been prophetic in warning that China needed help to address its weak economy, or else it could attract foreign intervention that would sow the seeds of another world war.
- The Federal Reserve Bank of New York said commercial and industrial loans at major New York City banks fell $350 million in the week ended June 12, compared to a gain of $317 million a week earlier.
It showed employment falling by 31,000 in March, compared to a gain of nearly 400,000 in February.
This compared to a gain of $118,000 for the top ranked U.S. school, Harvard.
The recent quarter reported a loss of $129.0 thousand, compared to a gain of $40.6 thousand last year.
Year-to-date through September 4, the FXI was up 37.11%, compared to a gain of about 6.3% for the S&P 500 Index.
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The company reported a nonoperating loss of $346 million, compared to a nonoperating gain of $1.2 billion in 2006.
Productivity growth, a measure of the work force's efficiency, slowed in the second quarter to a rise of 1.3% compared to a revised gain of 3.6% in the first quarter.
Productivity growth, a measure of the workforce's efficiency, slowed in the second quarter to a rise of 1.3% compared to a revised gain of 3.6% in the first quarter.
- The Federal Reserve Bank of New York reported that commercial and industrial loans at major New York City banks fell $338 million in the week ended March 13, compared to a revised gain of $884 million a week earlier.
According to the Hulbert Financial Digest, from 1896 through 2014, September was the worst month for stocks, with the Dow posting an average loss of 1.06%, compared to an average gain of 0.75% for all the other months.
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