The global economy showed signs of improvement on Thursday with factory output improving in two of the world's largest economies. Euro zone flash composite purchasing manager's index (PMI) rose to 51.7 in August, from 50.5 last month, beating estimates …

And for the last six years, it has been a single cast of characters guiding the world economy through this mega-crisis. Now, Jean-Claude Trichet, Mervyn King and Masaaki Shirakawa, until recently the central bankers of the Eurozone, Britain and Japan …

However, they now make up half the world economy and are big enough to set off a crisis in the West. Fears of Fed tightening have pushed borrowing costs worldwide to levels that could threaten global recovery. Yields on 10-year bonds jumped 47 basis …

These so-called BRIC countries have been critical to driving the global economy in recent years, and they generally fared better than most other nations during the global economic downturn that hit in 2008. They are all still growing, but not at rates …

BEIJING (IDN | Yale Global) – Imagine having predicted in 1990 that the Japanese economy, then widely expected to overtake the US within a decade or two, would grow on average by less than 1 percent a year for the next 20 years. In the unlikely case …

My conclusion was that the big risk is a policy overreaction in affected economies. Governments or central bankers worried about depreciation or its effect on inflation will be tempted to move monetary policy in an inappropriately tight direction. And …

The move may enable the Reserve Bank of New Zealand to delay any increase in its cash rate until it is more comfortable with global economic developments and domestic inflation. It is another in a growing list of experiments in the use of macro …

Chinese shares have risen 7 percent so far this month, and that bounce may have further to run especially with the release of China's HSBC flash PMI for August due on Thursday, which could confirm that the world's second-largest economy is picking up …

Photo: Felix Wong. China Shipping Development, an oil and bulk cargo carrier, said it had a first half net loss of 923 million yuan (HK$1.16 billion), dented by a sustained downturn in the domestic and overseas shipping markets amid a weak global economy.