Investors are more sensitive to turmoil in emerging markets such as China because they're playing an increasingly large role in the world economy. Emerging and developing economies account for nearly 40 percent of the global economy, up from 18 percent …
Speaking on a panel of ministers, central bankers and top business leaders at the World Economic Forum, the governor of the Bank of Japan Haruhiko Kuroda said: "We have to be mindful of downside risks, but I think we can be cautiously optimistic about …
A heavyweight Davos panel featuring several central bankers stole the spotlight Saturday, as attendees skipped a day on the slopes to hear about the global economic outlook for 2014. Bloomberg: Mark Carney, governor of the Bank of England, speaks at …
The turbulence coincides with a global economic shift: China and other emerging-market economies appear to be running into trouble just as the developed economies of the United States and Europe finally show signs of renewed strength nearly five years …
Speaking on a panel of ministers, central bankers and top business leaders at the World Economic Forum, the governor of the Bank of Japan Haruhiko Kuroda said: "We have to be mindful of downside risks, but I think we can be cautiously optimistic about …
Fresh evidence that the Chinese economy is slowing triggered a sell-off in global stock markets that capped the worst weekly losses on Wall Street in more than a year. The Dow Jones industrial average and the S&P 500-stock index each declined about 2 …
With a sense of cautious optimism over the world economy, the five-day World Economic Forum annual meet of influential leaders that saw extensive deliberations over responsible capitalism, gender inequality and Middle East turmoil, came to an end today.
The global economic expansion is speeding up, data this week are projected to show. In the U.S., a gain in fourth-quarter gross domestic product probably completed the strongest six months of growth in almost two years for the world's largest economy.
Despite growing evidence the global economy is faring better than it has for years, Christine Lagarde said policymakers around the world have to be alert to the potential repercussions from the Fed's "tapering," a policy change it decided to embark …