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Chinese Manufacturing Data Cast a Global Pall

24/05/2013
New data suggesting contraction in Chinese manufacturing have cast further doubt about growth in the world's No. 2 economy, hitting markets as investors worry

Barclays lowers India's growth forecast to 6% for FY’14

24/05/2013
Brokerage firm Barclays Capital has lowered India’s growth forecast to 6 per cent for 2013-14 from the earlier projection of 6.2 per cent, citing

France Urged to Consolidate in a Timely Manner

24/05/2013
France should continue its efforts to cut its budget deficit and not endanger the credibility of euro-zone rules by delaying budget consolidation,

Latin America's free trade bloc lifts tariffs, eyes Asian markets

24/05/2013
A Latin American bloc that includes Colombia, Mexico, Peru and Chile agreed to eliminate tariffs on most goods to promote free trade between

EU wants big companies to reveal national tax bills

24/05/2013
Europe's top regulatory official is seeking to force large companies to disclose how much tax they pay in each country where they operate, a measure

Italy, France Fin Mins Share View on Need for EU Growth Policy

24/05/2013
Italian Economy Minister Fabrizio Saccomanni met with his French counterpart Thursday and reiterated that their two governments

Portuguese leaders build faith in bailout exit

24/05/2013
President Anibal Cavaco Silva thanked Portugal's patron saint for a long-delayed approval of Lisbon's bailout review last week, but the head of state could

Euro-Zone Business Activity Falls Again

24/05/2013
Private-sector activity in the euro zone declined again in May, a development that is likely to add to calls for further action by the European Central Bank and

Germany, France seek to fight EU youth unemployment, aim for better use of existing funds

24/05/2013
Germany and France are preparing to launch a drive to combat the problem of high European youth

Japan's monetary easing a double-edged sword

24/05/2013
The Bank of Japan (BOJ) this week opted to continue its bold monetary easing policy to combat the nation's crippling deflation and hit the

China Tightens Trade-Document Scrutiny After Fake-Export Reports

24/05/2013
China’s foreign-exchange regulator told banks to improve checks of customer documents related to special trade zones amid speculation

Growth of 8% still possible for years

24/05/2013
Despite China's slowing economic growth, the country has the potential to maintain annual growth of about 8 percent for the immediate future, said Justin Lin,

European Leaders Saying No to Austerity

24/05/2013
Austerity is out after the euro-area recession extended to a sixth quarter. Stimulus isn’t yet in.
That was the something-for-everyone message

U.S. Repeats Call for Europe to Boost Economy, Employment

24/05/2013
Europe's economy isn't on a sustainable path and the continent's leaders should do more to boost growth, a senior U.S. Treasury Department

Modest Gain In Eurozone PMI Revives Recovery Hopes

24/05/2013
An indicator of Eurozone's private sector activity improved more than expected in May, renewing hopes that the economy is inching

DJ-BTMU Barometer Posts Biggest Fall Since February

24/05/2013
The latest Dow Jones-Bank of Tokyo-Mitsubishi-UFJ weekly business barometer dropped again in the latest week

German Business Activity Contracts

24/05/2013
The pace of contraction among German businesses slowed in May as output levels picked up, but a steep drop in

BOJ Raises Economic View for 5th Straight Month

24/05/2013
The Bank of Japan raised its assessment of the economy for a fifth straight month in its latest report released Thursday, the longest streak of upgrades

Bernanke Seeks Sustained Job Gains Before Paring Bond Buy

24/05/2013
Federal Reserve Chairman Ben S. Bernanke and his fellow policy makers, expressing concern that federal

Singapore's April Manufacturing Output Growth Tops Expectations

24/05/2013
Singapore's manufacturing production recovered strongly at a faster than expected pace in April due to a surge
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