The five biggest Chinese lenders were obliged to triple bad loan writeoffs in the first half of the year.
The nation's 2014 budget will be announced on Friday, and broad fiscal reforms are expected.
The "Holland of South America," Uruguay, is one step away from fully legalizing marijuana, and committed to offer a safe market at reasonable prices.
GM has a unique relationship with this economically battered city. Now it wants a $2 million tax break from it.
Better supplies from Brazil have left coffee prices at serious lows, but that could spell opportunity for investors bullish on coffee.
The bank's policy meeting also showed concern about the short-term future of the euro zone and the impact of the U.S. government shutdown.
In an attempt to stabilize its harmed and vulnerable economy, Cuba has decided to unify its monetary system.
Russia relies on oil for 50 percent of its revenue, so what is it going to do when -- or if -- Iranian oil hits the market again?
Chinese trade data showed a 30-month high in platinum imports for September.
It could cost 200,000 yuan just to meet your dream woman in China.
If the Federal Reserve looks more closely at underemployment, the stimulus reduction feared by gold investors could be delayed even further.
The U.S. government shutdown has muddied economic data too much for a data-dependent Fed to reduce stimulus at its next meeting.
The uptick in new housing prices across major cities continues despite the government’s efforts to cool the real estate market.
Smuggled gold may be meeting Indian retail investor demand, as pent-up demand seems lacking.
Workers demanding a pay hike might yet discover there is a significant difference between the cup and the lip.
The new project is expected to create 25,000 jobs in the UK, while critics warn of costlier power.
A host of official economic indicators from Japan suggest a slight slowdown in growth.
Reviving Japan's battered exports has been a main objective of the country's prime minister.
With the U.S. government back open, we will finally get the government payrolls report next Tuesday.
Manufacturing barely makes a dent in Ethiopia's GDP, and the roadblocks to industrialization are many.
Africa is on pace to have 400 million Muslims by 2030, so the need for effective Islamic banking services is crucial.
Ford’s Model T was more fuel efficient than most cars in the early 70s. The oil scarcity shock helped change that.
The Heritage Foundation's calculations do not include federal subsidies that are available for some applicants.
Google's performance lifted market sentiment as attention shifted to quarterly earnings reports from major Wall Street companies.
Sales should slowly recover worldwide, after several months of uneven growth and declines.
Here's a look at how Obamacare and its website have done in the first few days of operation.
The latest official statistics show China's economy is well and truly back to its old growing habits.
Unemployment and a shrinking labor force are among pressing U.S. economic problems that remain to be addressed.
More than 50,000 of those being treated as property are in the United States.
The United States has saved itself just in the nick of time, but China doesn't care, as it downgraded the U.S.'s financial rating.