CHINA

A sculpture showing the Euro currency sign is seen in front of the European Central Bank (ECB) headquarters in Frankfurt

Euro Zone Falls Into 'Recession': Markit Report

The euro zone slid back into recession in March as output fell for the second quarter running, reaching a new three-month low, according to Markit's Eurozone PMI Composite Output Index on Thursday.

Wall Street opens lower on China, euro zone data

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Stocks fell at the open on Thursday as data on the U.S. labor market did little to counter concerns about weakness in the global economy after soft manufacturing data in the euro zone and China.

Obama, Putin To Meet On Syria, Missile Defense

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Putin, now Russia's president-elect, has said he would boycott the Group of Eight summit at Camp David and the NATO conference in Chicago this spring if U.S. missile defense plans weren't scrapped.
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Gold bars

Gold Falls to Lowest Level Since Mid-January

Gold hit its lowest level since mid-January on Thursday, influenced by dollar strength, with the market having unwound all of the premium built up on expectations for further U.S. quantitative easing.
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Special Report: Chinese firm helps Iran spy on citizens

A Chinese telecommunications equipment company has sold Iran's largest telecom firm a powerful surveillance system capable of monitoring landline, mobile and internet communications, interviews and contract documents show.
Two Capesize bulkers anchored in a Shanghai port

Biggest Freighters Hit Hardest In Global Shipping Storm

While shipping costs have been recovering over the past month from historical lows earlier this year, rates for the biggest vessels keep falling. Mistrust in the market, bad luck for iron exporters and a slowdown in world steel consumption are to blame.
Rising Gas Prices

5 Ways Rising Gas Prices Will Affect You

High oil prices affect politics, schools, jobs, public budgets and almost every industry. But current pressures could be augmented if war breaks out between Israel or the United States and Iran, with the result being a costly disruption in global supply.
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Stock Index Futures Point To Lower Opening

Stock index futures pointed to a lower opening on Wall Street on Thursday, with futures for the S&P 500 down 0.6 percent, Dow Jones futures down 0.57 percent and Nasdaq 100 futures down 0.58 percent at 1000 GMT.
Oil

Oil Drops Below $107 After Weak China PMI

Crude oil prices declined in European trade Thursday as sentiment was dampened after reports indicated a sharp slowdown in the Chinese manufacturing activity in March.
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Exclusive: Brazil sees WTO's duties as insufficient: sources

Brazil plans to signal its growing concern about intense foreign competition hurting its industries by suggesting at the World Trade Organization that the ceiling for its import tariffs is too low, government sources told Reuters on Wednesday.
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Starbucks factory investments to create 150 jobs

Starbucks Corp said on Wednesday it would spend $180 million on U.S. factories, creating 150 manufacturing jobs, and that it would get into the $8 billion U.S. energy drink market with a new product.
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Digital skills shortage leaves EU youth a step behind

European policy makers have identified a large shortfall in computing and IT skills among young people that threatens to dent Europe's ability to compete and could exacerbate youth unemployment in the coming decade.

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