The global consequences of a new default would however be far smaller than in 2001, analysts say, as Argentina has since been isolated from world financial markets. Analysts have warned a default would deepen the economic malaise gripping Argentina, …

BEIJING — China's finance minister said Wednesday that the country is not planning any new stimulus measures and it is up to the United States to drive the global economy. Lou Jiwei said that leaders are satisfied with the country's economic …

Global growth moderated more than expected in the first quarter of 2014, from an annual rate of 3¾ percent in the second half of 2013 to 2¾ percent—some ½ percentage point lower than the forecast in the April 2014 World Economic Outlook (WEO).

PARIS — French electrical equipment maker Schneider Electric (IW 1000/143) on Wednesday posted weaker-than-expected first half results dragged down by weak European demand and unfavorable exchange rates. Schneider, the world's biggest maker of …

A senior economist with the Organisation for Economic Co-operation and Development (OECD) has issued a stark warning about the risks still facing the global economy. Australian-born Adrian Blundell-Wignall, who is based in Paris as the OECD's director …

Bloomberg reports that 28 percent of investors surveyed this month by Bank of America identified geopolitics as the biggest risk to the global economy, up from 14 percent in June. The real question is: What took them so long? The past year has featured …

It is possible – but very unlikely, despite ongoing talks – that Argentina may willfully destroy its own economy in an ill-fated political attempt to look tough on foreigners, particularly in the form of mostly American hedge-fund managers. You don't …

Christine Lagarde, head of the IMF. highlights the challenge for central banks of smoothly unwinding the ultraloose monetary policy they brought in to support advanced economies during the financial crisis.Photograph: Miguel Medina/AFP/Getty Images.

Meanwhile, investors should notice what is going on in the rest of the world, where the economy is still spluttering a bit. The volume of world trade fell 0.6% in May and is up just 0.2% on a three-month on three-month basis, or a bit over 2% year-on-year.