BEIJING – Chinese manufacturing activity contracted in February at its worst rate in seven months, British banking giant HSBC said Monday, the latest data indicating trouble in the world's No. 2 economy. HSBC said its final purchasing managers' index …
The weaker-than-expected data is bound to amplify global investors' worries about slackening growth in the world's second-largest economy, and will almost certainly feed speculation that Beijing may loosen policies soon to bolster growth. China's …
LONDON, March 16 (Reuters) – A U.S. Federal Reserve meeting and Western sanctions on Russia will give financial markets plenty of pause for thought in the week to come but it could be China that sets the economic weather. World markets were upended …
LONDON/NEW YORK – Another month of slower factory activity in China and a sharp decline in a closely watched gauge of U.S. manufacturing on Thursday added to concern about the state of the global economy. Surveys also showed business activity …
The economic pain from this tit for tat of sanctions will be, in particular, inflicted to the EU. Because of the interconnections between all economies and financial markets, mutual economic sanctions could drive a still fragile world economy to a …
Over the past three decades, the growth of cross-border trade and capital flows has progressively woven national economies into a global economy. This global economy, however, lacks a global currency. The currency of one nation – the United States …
… and Chairman Janet Yellen's press conference at its… Read More. The Federal Reserve meeting, and Chairman Janet Yellen's press conference at its conclusion, is the highlight of a relatively light week on the global economic calendar. Close. Close …
"A major slowdown in world growth might do that, but the consensus forecast is that this is not likely to happen. The economy could slow dramatically if we had a sharp decline in the terms of trade [now at 40-year highs]. That doesn't seem likely. It …
CO), seen as a bellwether for the global economy as its vessels account for 15 percent of worldwide container shipping, gave a cautious outlook when it reported results on Thursday, Morris said. "Companies aren't jumping up and down saying 'Hey, we're …