ECONOMY & MARKETS

Persisting doubts about the Fed’s next move and disappointment over Shinzo Abe’s recent policies sent Asian stocks to fresh lows on Thursday.

The World Bank cut its growth outlook for 2013 and described the global economic recovery as "hesitant and uneven.”

A senior BoE official warned of a major bond bubble threat while the BoE said the consequences of raising rates too quickly would be severe.

While China's central government seems comfortable with a slowing national economy, local governments are spurring local growth with spending.

There was a $1.09 trillion fiscal deficit by the end of fiscal year 2012, when $2.44 trillion was raised and $3.5 trillion was spent.

Vietnam's incentives for foreign investors is putting it on the brink of surpassing China as a favorite offshore manufacturing hub.

In March 2012, the average private employer paid $1.41 hourly to offer workers’ health insurance. A year later it’s $2.26.

Falling exports from Southeast Asia, which fared better than the rest of the world in the financial crisis, could spell trouble for the region.

About 9.7 million homeowners are “underwater,” owing more than their properties are worth, the lowest rate since the housing crisis.

The Fitch credit agency upgraded India’s sovereign debt outlook back to ‘stable’ from ‘negative,’ about a year after its downgrade.

Analysts are projecting a 0.4 percent growth for total retail sales in May, the highest in last three months.

The UK’s economy may be starting off a strong recovery, with an encouraging boost from the latest series of economic indicators.

The European Union has intensified its fight against tax evasion within Europe, and will call for similar measures to be adopted globally.

Industrial production in the 17-nation euro zone increased for the third straight month in April, beating expectations.

In a market economy, labor mobility is a factor that mitigates the effect of economic shocks.

After a few years of growth, Argentina is facing its worst price crisis since the 1990s. Will its strategy bring back stability?

The recent drastic fall in the Indian rupee was arrested after the country’s central bank and its government stepped in.

MSCI has removed Greece from its index of developed markets after the country's markets shrunk and liquidity dried off.

Indian IT companies hope to pass on some of the benefits from a weak rupee to their clients, but worry immigration reform could hit business.

Kremlin-controlled OAO Gazprom said Greece's natural gas utility known as DEPA had some "serious problems."

Greek officials said ERT cost Greece 300 million euros each year and had become "a typical example of incredible waste."

More than three quarters of the 116 S&P 500 company earnings pre-announcements were negative.

Heavy rain in Europe between late May and early June 2013 caused massive flooding across Central Europe, claiming at least 22 lives and displacing thousands of residents.

The European Union reportedly will join Japan in a complaint against Chinese steel duties filed with the World Trade Organization.

Hiring expectations around the world remain a mixed bag as Europe and Asia stagnate and the U.S. rebounds.

Germany’s constitutional court said Tuesday that ECB's success with the Outright Monetary Transactions program will not influence its decision.

The Indian government's stringent FDI regulations could further delay the entry of foreign multi-brand retailers into the country, a report says.

The Indian rupee's continuing decline to record lows reduces chances of a rate cut, which is required to help revive India's slowing economy.

The Bank of Japan on Tuesday left its monetary policy unchanged but revised its outlook on the country's economy.