Result Page 164 for Latest Economy & Markets News & Archive

China's Online Shopping Festival Breaks Records: Alibaba Sells Good Worth $14.3B, Plans Global Expansion

The Chinese online retailer sold goods worth over $14 billion on China's Singles' Day, and said it plans to take the shopping festival global.

Greek Debt Crisis: Workers Strike Against ‘Unfair’ Bailout Terms As Lender Pressure Mounts

Police fired tear gas at protesters throwing gasoline bombs Thursday during a nationwide strike following the acceptance of a third bailout.

As Expectations Of December Rate Hike Grow, Analysts Look To US Fed Policymakers For Direction

Federal Reserve officials including Chairwoman Janet Yellen are scheduled to speak Thursday, and with a rate hike looking likely, their remarks will be closely scrutinized.

Myanmar Election: Suu Kyi Congratulated By President, Military Commander

The military and Aung San Suu Kyi's opposition party have agreed to hold negotiations after the final results of Myanmar's elections, expected later this month.

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As Holiday Season Looms, Inventory Buildup Worries North American Retailers

Retailers may be forced to offer massive discounts during Black Friday sales events unless they clear the goods piling up on their shelves, according to the Wall Street Journal.

Myanmar Election: Suu Kyi Reaches Out To Military With Her Party Poised To Control Parliament

Suu Kyi, whose political party is headed for an election victory, will have to share power with Myanmar's military, which will maintain control of key ministries.

Singles' Day Online Shopping: 007 Boosts China's Double 11 As Festival Makes Record Sales Of $4.5B In 75 Minutes

Daniel Craig and Kevin Spacey helped "hand-chopping" shoppers spend $4.5 billion in 75 minutes.

How Much Do Welders, Philosophers Make? Marco Rubio's GOP Debate Argument Dominates Social Media Despite Facts

Sen. Marco Rubio voiced his support for vocational education programs during the Republican primary debate.

GOP Debate 2015: Why Bobby Jindal Should Not Brag About Louisiana's Employment Rates

Gov. Bobby Jindal was pressed about his state's economic troubles during the Republican debate Tuesday.

Catalonia Secession From Spain Update 2015: A Weak Economic Future Predicted For Barcelona

“In the long run, they wouldn’t be able to survive,” said Andrea Balda, a political science specialist at Universidad Casa Grande in Madrid.

Portugal Government Pushed Out Over Austerity Policies By Socialist And Left Parties

Portugal's shortest-lived government was voted out Tuesday by an alliance of left parties and the Socialist Party.

How China's Singles' Day Festival Became The World's Largest Online Shopping Phenomenon -- And How It May Withstand China's Slowdown

This year, online retailers are pulling out all the stops to ensure sales continue to boom -- but can it withstand China's economic slowdown?

Myanmar Election: Fair, Not Free, Suu Kyi Says As Her Party Racks Up Seats

Election observers say polling was credible and transparent as the country looks to end 50 years of military rule.

Goldman Predicts Corporate Spending In 2016 To Lean Toward Shareholders

Corporate spending on share buybacks and dividends will rise next year faster than research investments, Goldman's top equity analyst said in a note Monday.

China Slowdown: Business Confidence Hits A New Low, Says Markit Survey

The Markit China Business Outlook survey shows business sentiment is waning as the country copes with an economic slowdown.

Despite China Slowdown, Global Economy Expected To Gain Momentum In 2016 And 2017

The Organization for Economic Co-operation and Development says global growth is expected to gain speed in 2016 and 2017, despite China's slowing GDP.

Global Banks Face $1.2 Trillion Shortfall Under Proposed FSB Rules

Europe's Financial Stability Board has recommended that the world's largest banks create financial buffers to save taxpayers from paying for expensive bailouts in the future.

UK's EU Referendum: David Cameron Expected To Offset Local Pressure With Demands Letter To European Union

The British prime minister is set to formalize the country's demands and secure reforms in order to convince voters to stay in the European Union.

Myanmar Elections: Aung San Suu Kyi's NLD Won, Ruling Party Chief Says

Opposition leader Aung San Suu Kyi, whose NLD party said it had won 70 percent of the vote, struck a confident, conciliatory tone Monday.

Boston Fed Chief Eric Rosengren's Speech To Be Watched For Rate Hike Clues As Labor Market Strengthens

Eric Rosengren has in the past spoken about his preference for not waiting too long for a rate hike for fear of falling behind the curve.

With Crude Prices At Historic Lows, Saudi Arabia Pledges To Keep Oil Coming

Low crude prices will likely continue, as Saudi officials said they have no plans to reduce oil drilling.

French Central Bank Chief Nods Toward Monetary Easing

Ahead of a crucial European Central Bank meeting in December, Bank of France chief François Villeroy de Galhau praised monetary stimulus.

Climate Change Could Force 100M Into Poverty By 2030, World Bank Group Report Says

Unless the world adopts fast, inclusive and smart development, over 100 million people will be living in extreme poverty by 2030.

European Business Travel Set To Rise, Bolstering Economic Hopes

A key indicator of economic health, business travel is forecast to rise by more than 6 percent in Europe next year, according to a new study.

Dubai Airshow Opens Amid Drop In New Jetliner Orders

Barring surprises, a drop is predicted in major commercial order announcements as Gulf airlines take stock after expansion.

China Imports Fall On Sluggish Raw Material Purchases, Exports Dip On Falling Global Demand

The data released Sunday show the country's foreign trade dropped 9 percent in October, marking its eighth consecutive monthly decline.

China Economic Slowdown Restricts Reform Efforts As Government Pursues GDP Growth Goal

Regulators in Beijing are postponing plans to loosen controls on China's economy as the country struggles to maintain an acceptable growth rate.

China-Taiwan Summit: Ma Ying-Jeou Gambles His Party's Future As China, Taiwan Leaders Meet For First Time Since 1949

President Ma Ying-jeou has been trying to improve relations with China for his whole term, but some Taiwanese fear a sellout to Beijing.

After Russia Suspends Flights To Egypt, What Will Happen To Egyptian Tourism Sector?

More tourists visit Egypt from Russia than from any other nation. So the cancellation of Russian flights to Egypt could hit its economy hard.

Unemployment Report: What Happened To All The Construction Jobs?

In an economy full of low-wage work, the relative lack of construction jobs is especially painful.

US Economy Adds 271,000 Jobs In October, Unemployment Drops To 5%

October’s better-than-expected gain of 271,000 jobs marks the best showing of 2015 and the lowest unemployment level since March 2008.

China Says 'Assessing Effects' Of Pacific Trade Pact

China is not among the 12 Pacific-Rim countries which last month agreed to the Trans-Pacific Partnership trade pact.

US Jobs Report Expected To Confirm Federal Reserve Rate Hike Expectations

A report on the employment situation in the U.S., due Friday, is widely expected to further bolster arguments for a historic rate hike by the Federal Reserve in December.

Trans-Pacific Partnership Intellectual Property Law: Why Internet Freedom Groups Don't Like TPP Trade Agreement

Imposing U.S. copyright laws on other countries through the Trans-Pacific Partnership would stifle Internet freedom and innovation, rights groups say.

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