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China: Analyst Sees Industrial Overcapacity Last until 2016

18/05/2013
The process for China to gradually eliminate excessive production capacity in over-supplied sectors may last till 2016, a Chinese macroeconomic

China, India To Become Developing World's Largest Investors By 2030: World Bank

18/05/2013
China and India are poised to become the largest investors among developing countries by 2030, according to a new

Japan Core Machine Orders Spike 14.2% In March

18/05/2013
Core machine orders in Japan surged a seasonally adjusted 14.2 percent on month in March to 793.1 billion

Spain Leading Index Points To Further GDP Contraction: Conference Board

18/05/2013
A leading indicator of the Spanish economy declined for the second successive month in March, suggesting that

ECB Coeure: Need More Clarity on EU Bank Assets

18/05/2013
European Central Bank executive board member Benoit Coeure Friday called for clarity on the state of Europe's

China Conference Board Leading Index Rises In April

18/05/2013
A leading indicator for China's economic activity increased in April, a report from the Conference Board showed

Bill Gates Retakes World's Richest Title

18/05/2013
Bill Gates, the 57-year-old co-founder of Microsoft Corp. , recaptured the title of world's richest person from

EU March 2013 compared with February 2013 Euro area production in construction down by 1.7%

18/05/2013
In the construction sector, seasonally adjusted production1fell by 1.7% in the euro area2 (EA17) and by 1.1% in

Japan's Abe Reiterates Commitment to Fiscal Reform

18/05/2013
Japan's prime minister reiterated Friday his commitment to overhauling the nation's finances to head off any

China Cuts Red Tape as Premier Li Shows Stimulus Reluctance

18/05/2013
Some Chinese investment projects, including those for airports, paper pulp factories and gas fields, will no

EBA Recommends Asset Quality Review, EU Bank Stress Test Delayed

18/05/2013
European Union's banking regulator recommended asset quality reviews on major EU banks, which will delay the

BOE's Weale : Rise in Inflation Expectations May Be Price Worth Paying

18/05/2013
A modest rise in Britons' inflation expectations is probably a price worth paying if it means the Bank of England

French Economy Likely To Expand In H2, Says FinMin

18/05/2013
The French economy is likely to grow in the second half of this year, Finance Minister Pierre Moscovici said in an

Top UK Business Group Warns Against EU Exit, Losing Growth Focus

18/05/2013
The U.K.'s exit from the European Union would be bad for businesses and demands by euroskeptic lawmakers

'China's economy seriously unbalanced'

17/05/2013
China's economy is suffering from serious imbalances, financial commentator Ma Guangyuan said at the business school of Sichuan University.

ECB's Liikanen: Bail-Ins Should Be the Rule

17/05/2013
Europe needs clear and transparent rules on which creditors will be the first to face losses when a bank fails, one that shift the burden from the taxpayer, a member

Fed's Raskin Says 'Modest' Economic Growth Seen

17/05/2013
The U.S. economy continues to recover from the 2008 financial crisis and the deep recession that followed, but it still has a long way to go until

Eurozone Economy Faces Risk Of Further Contraction In Q2: IHS Global Insight

17/05/2013
The continuing recession and the recent relapse in business confidence suggest that the Eurozone economy is in serious

Germany's Merkel : Banking Union Question of European Credibility

17/05/2013
German Chancellor Angela Merkel Thursday emphasized the need for reform of the banking sector, which she said was vital for winning back

France's Hollande Pledges Offensive to Strengthen Euro-Zone Governance

17/05/2013
French President Francois Hollande Thursday said he will lead an offensive to strengthen the governance of the euro zone
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