"The signing of the share sale and purchase agreement represents a significant step in pursuing Global Business Power's strategy,” said Francisco Sebastian, FMIC chairman. “We believe that ORIX will provide the company with strong, well-financed …

The disappointing downward revision in U.S. first quarter GDP is the latest in a string of negative data points around the world in recent weeks. The U.S. economy grew at a mere 1.8% annual pace in the first quarter, according to revised data released …

Global economic prospects remain weak, though downside risks have reduced thanks in part to significant policy actions taken in the US, euro area and Japan, and to the resilience of major developing and emerging market economies. Most financial markets …

WHEN Bill White was writing the Bank for International Settlements reports, they were always worth a read; he was one of those who saw the mess that the global economy was getting into before 2007. (He still has plenty to say; see this paper for the …

WHEN Bill White was writing the Bank for International Settlements reports, they were always worth a read; he was one of those who saw the mess that the global economy was getting into before 2007. (He still has plenty to say; see this paper for the …

The world's economic and political development challenges and new cooperation mechanisms will be on the agenda when politicians and scholars gather at the Global Think Tank Summit in Beijing on Friday. It will be the third time that the China Center …

New home sales, bigger factory orders and rising consumer confidence helped allay fears about state of the U.S. economy, the world's biggest. The data came on the heels of comments by China's central bank that eased fears of a credit crunch in the …

New home sales, bigger factory orders and rising consumer confidence helped allay fears about state of the U.S. economy, the world's biggest. The data came on the heels of comments by China's central bank that eased fears of a credit crunch in the …

The massive construction and mining equipment maker, based in Peoria, is considered by many to be a bellwether of U.S. and global economic health. Oberhelman, who spoke at a luncheon sponsored by the Illinois Chamber of Commerce in Chicago, said …