Topic: China
WASHINGTON (Reuters) - The U.S. economy appears to be trudging along, neither booming nor busting, growing steadily enough to diminish double-dip recession fears but not quickly enough to bring down unemployment. That puts the U.S. Federal Reserve in a bit of a ...
Experts warn US and developed world face significant risk of double-dip recessionIs the global economy out of the woods? Two years after near-meltdown, with the U.S. looking sluggish, equity markets groggy and Europeans fighting a debt crisis, experts gathered in Italy offered ...
Booming Asia assesses prospects amid abrupt slowdown in global economic recoveryTalk of the global economic recovery fizzling doesn't faze Cho Byung-cheol, president of a small South Korean technology company that has already set up a branch in China and plans one soon ...
China overtakes Japan in 2Q as world's No. 2 economy amid slowdown in recoveryJapan lost its place as the world's No. 2 economy to China in the second quarter as receding global growth sapped momentum and stunted a shaky recovery. Gross domestic ...
Australia's central bank warned of continued global volatility and slowing Asian growth Friday, saying recent market turbulence related to Europe's debt fears had muddied the outlook. The Reserve Bank of Australia (RBA) said bullish demand for coal and iron ore, the country's ...
NEW YORK/CHICAGO (Reuters) - Industrial companies, including Caterpillar Inc and 3M Co , credited demand from emerging markets like China for another round of stronger-than-expected quarterly results and improved 2010 forecasts. Those global giants have invested heavily in recent years to expand ...
Don’t underestimate the government's ability to re-ignite the inflation-fueled boom thoughBelow is an excerpt from a commentary originally posted at www.speculative-investor.com on July 7, 2010. Great credit expansions prompt investment decisions that only make sense within the fantasy-world created by a relentless ...
DAEJEON, South Korea (Reuters) - The International Monetary Fund's chief reiterated on Tuesday that strong growth in Asia and Latin America made it unlikely that the global economy would suffer a double-dip recession. Last week, the IMF upgraded its 2010 global economic ...
African Development Bank calls continent's economic recovery 'spectacular'Africa is making a "spectacular" recovery from the global recession thanks to decades of market reform and strong trade ties with China, the chief economist for the African Development Bank said Tuesday. Mthuli Ncube, presenting ...
World oil prices held steady on Friday as traders sat on their hands before the latest crucial piece of economic data from key energy consuming nation the United States. New York's main contract, light sweet crude for August delivery, shed just one ...
