Topic: China

Europe, China woes fuel earnings worries

NEW YORK (Reuters) - Investors are worried U.S. earnings growth may finally fall back to earth as turmoil in Europe and signs of a less robust Chinese economy hurt foreign support.The euro zone's debt crisis and weakness in China have fueled investor ...

China manufacturing eases for 3rd month, prices up

BEIJING (Reuters) - China's manufacturing sector contracted for a third consecutive month in September, suggesting that the world's second-largest economy is not immune to global headwinds, while factory inflation quickened.Growing signs of a slowdown in China have prompted concerns that the country ...

Global economy weekahead: From a soft patch to quicksand

(Reuters) - The global economy was supposed to be better by now.Just a few months ago, the prevailing wisdom was that growth was going through a "soft patch" caused by a combination of Japan's earthquake and unrest in the oil-producing Middle East. ...

China urges eurozone to end debt crisis

China on Saturday called on the eurozone to move quickly to end its debt crisis at a meeting of the world's finance chiefs in Washington."The sovereign debt crisis in the euro area needs to be resolved promptly to stabilize market confidence," China's ...

Europe and U.S. face 10 years of slow growth: UK's Brown

DALIAN, China (Reuters) - Europe and the United States could face 10 years of slow growth and high unemployment if a global solution for the euro zone debt crisis is not implemented soon, former British Prime Minister Gordon Brown said on Friday."Unless ...
"I think it's a no-brainer to conclude oil could fall down to $70 per barrel"Let me paint you a picture... No U.S. job growth in August, massive debt in Europe, China's growth slowing to a crawl... and a growing surplus of oil ...

China must rebalance economy: World Bank chief

The head of the World Bank on Monday urged China to rebalance its export-driven economy and said taming rising inflation remained the most important challenge for the country in the short term.Robert Zoellick said the world's second-largest economy would have to focus ...

World Bank chief warns of economic 'danger zone'

World Bank chief Robert Zoellick warned Saturday that the global economy was heading into a new "danger zone", as he urged China to speed up structural reforms to help its development."The financial crisis in Europe has become a sovereign debt crisis, with ...

China manufacturing contracts in August: HSBC

Manufacturing activity in China contracted for the second straight month in August, early HSBC data showed Tuesday, but the bank said a slight pick-up suggested an economic slump was less likely.The British banking giant released the figures as export-driven China warned of ...

Asia vulnerable to US recession: Singapore PM

Asia, including China and India, will be vulnerable if the United States and Europe slip into another recession, Singapore Prime Minister Lee Hsien Loong said on Sunday.In his annual policy speech, Lee warned it was possible the world would sink into another ...