Over the past month, global financial markets have become terrified by the prospect of a Chinese economic slowdown. In recent weeks, China's money markets have slowed to a near halt, China's stock markets suffered roller-coaster whiplash, and many …
“We're not expecting a boom in Europe, but there is a momentum shift, and you're going to feel it in markets and the world economy,” said Joseph Lupton, a senior global economist at JPMorgan Chase in New York who also has worked at the Federal …
The IEA, meanwhile, said that new data on the difficulty the global economy is having in picking up speed meant that demand for oil would grow by slightly less than it had foreseen in July. The critical underlying factors are the rise of North American …
A closely watched indicator, the sales adjusted annualized rate, gave a reading of 15.67 million units, allowing the sector to return to the volumes it experienced before the 2007 global financial crisis that crippled the sector. It's a stunning …
As the recession has taken toll of almost all economies across the world, India not only survived the meltdown, but also witnessed a growth of five per cent and above, whereas other economies grew by two to two and half per cent, Mike Nithavrianakis …
LONDON (Reuters) – A tentative view that the global economy is emerging from its lull could harden into conventional wisdom by the end of this week if, as expected, data show the euro zone's lengthy recession has ended. While Europe is still the world …
European stocks have risen half as much as global benchmarks this year, leaving them cheaper than equities in the U.S. and Asia as the region's economy starts to recover from the longest recession on record. After a 7.2 percent gain in 2013, the Euro …
Among forces driving the shift: a resurgent Japan that for years was a weakling of the global economy. Japan's economy expanded 2.6% on an annualized basis last quarter, the government reported early Monday, slower than the revised 3.8% first-quarter …
The global food and drink giant has lowered its full-year growth target to around 5% sales growth, from 5-6% previously, largely due to cutting prices in a bid to stimulate higher sales in recession-hit Europe. Its European performance is of particular …