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Mid-Atlantic Manufacturing Activity Contracts

17/05/2013
Mid-Atlantic manufacturers slipped into contraction this month, according to a report released Thursday by

EU Barroso Calls on Germany to Open Services Sector

17/05/2013
European Commission President Jose Manuel Barroso on Thursday called on Germany to open its services sector

London City Job Vacancies Fall Sharply In April: Survey

17/05/2013
Job vacancies in London' financial services sector declined notably in April as subdued economic activity curbed

China Says Yuan Strength Hurting Export Sector

17/05/2013
China has indicated that the recent appreciation of yuan is hurting exporters' profit margins despite improved

India’s net services exports recover in second half of FY13

17/05/2013
India’s net services exports recovered in the second half of the year ended 31 March from a contraction in

U.S. jobless claims jump to six-week high

17/05/2013
The number of people who applied last week for new unemployment benefits surged to the highest level in a

Fed's Rosengren : Government Fiscal Policy Big Drag on Economy

17/05/2013
The economy would benefit much more from the Federal Reserve's aggressive monetary policy actions if not

India WPI inflation for 2013-14 to average 6.3%: CRISIL Research

16/05/2013
In 2013-14, CRISIL Research forecasts average WPI inflation of India to decline to 6.3 per cent, led by expectations of higher agricultural

U.S. Manufacturing Weighs on Recovery

16/05/2013
U.S. manufacturing stalled in April, exposing a soft spot that's weighing on the slow economic recovery.
Negative reports from U.S. industry are souring upbeat news in

Volcker Says Jobless Rate to Remain Above 6% for Two Years

16/05/2013
Growth in the U.S. remains too sluggish to cut the jobless rate quickly, leaving it a “long way” from satisfactory levels, according to former

French Fin Min Keeps Growth Target Even As France Falls Into Recession

16/05/2013
France's finance minister Pierre Moscovici Wednesday maintained the government's official growth target even as the country fell into

China's Li Downplays Need For New Stimulus

16/05/2013
Chinese Premier Li Keqiang downplayed the need to boost stimulus to speed up the recovery of the world's second largest economy, but acknowledged that

China Banks’ Bad Loans Rise for Sixth Quarter as Economy Slows

16/05/2013
Chinese banks’ bad loans increased for a sixth straight quarter, the longest deterioration streak in at least nine years, as economic growth

EU Leaders Say Deficit Targets Should Factor in Economic Woes

16/05/2013
The leaders of France and the European Union's executive body said the euro zone should remain open to relaxing budget restrictions in

Bank documents portray Cyprus as Russia's favourite haven

16/05/2013
When the Cyprus bank run began earlier this year, Russians set much of the pace. Documents seen by Reuters show that as the Mediterranean

Asia Pacific’s economic growth losing traction?

16/05/2013
In a new report published yesterday, Standard & Poor’s Ratings Services said that although Asia Pacific continues to record strong real GDP growth relative to

Germany can't stop euro zone from sinking into longest recession

16/05/2013
Germany's economy crept back into growth at the start of the year but not by enough to stop the euro zone from contracting for a sixth

China President Xi: Economy in Good Shape -State TV

16/05/2013
China's economy is generally in good shape, President Xi Jinping said, and called for confidence in economic growth, state television reported

France must present credible reform plan- EU's Barroso

16/05/2013
European Commission President Jose Manuel Barroso said on Wednesday France needed to present a credible programme of structural

Empire State index turns south in May

16/05/2013
A measure of New York area manufacturing strength turned negative in May, in what’s another sign of the factory
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