Result Page 314 for Latest Economy & Markets News & Archive

Arrangement of various world currencies including Chinese Yuan, Japanese Yen, US Dollar, Euro, British Pound, Swiss Franc and pictured in Warsaw

Global Economic Recovery Picks Up In November

The global economy continued to recover in November, helped by a sharp growth in the service industries.

South Korea’s GDP Growth Slows To 0.1% In Q3

South Korea's economic growth slowed to 0.1 percent in the third quarter compared to that in the previous quarter.

ADP November Jobs 2012 Report: Businesses Hired 118,000 Workers, Fewer Than Expected

The ADP number missed expectations ahead of Friday's closely watched government employment report.

PIMCO's Investment Co-Chief Bill Gross Sees 'Seven Years Of Lean' For US Economy

Bill Gross, the manager of the United States' largest bond fund, was out Tuesday with a very dour view of the U.S. economy.

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Japan's Monetary Base Rises 5% In November

Japan's monetary base rose in November compared to that in the same month last year, indicating that the monetary easing policies are leading to an increase in the amount of currency in circulation which in turn results in reviving economic growth.

India’s November Manufacturing Output Fastest In Five Months: HSBC PMI

India’s manufacturing sector grew at its fastest pace in five months in November, backed by strong export orders, according to the HSBC manufacturing Purchasing Managers' Index prepared by Markit.

South Korea’s Manufacturing Activity Continued To Contract In November: HSBC PMI

South Korea’s manufacturing activity continued to contract in November but improved to a five-month high, according to the HSBC Purchasing Managers’ Index released Monday.

China Reports $31.48 Billion Trade Deficit for February

China Has Outpaced US As Trading Partner Since 2006: AP

China surpassed the U.S. as a trading partner in many places around the world in the short span of five years, according to an analysis of trade data conducted by the Associated Press.

Chinese 100 yuan banknotes are seen in this picture illustration taken in Shanghai

China's Manufacturing Activity Expanded To 13-Month High In November: HSBC PMI

China's manufacturing activity expanded to a thirteen-month high in November, according to the HSBC Purchasing Managers’ Index.

China's Manufacturing Activity Expands In November: Official PMI

China's manufacturing activity expanded in November to a seven-month high, giving the indication that the world’s second-largest economy is reviving its growth momentum.

Missouri Powerball Winners Mark And Cindy Hill Might Use Winnings To Adopt Another Child

Missouri Powerball winners Mark and Cindy will spend their money wisely, the couple says

ECB Rate Cut Unlikely At December Meeting, Despite Record High Unemployment, Easing Inflation In Euro Zone

No, another ECB interest rate cut is not coming in December.

Calif Port Strike Enters Day 4, Cost Estimated At $1B/Day

A small group of clerical workers, aided by the Longshoremen, has managed to shut down about 40% of nation's cargo traffic.

India's GDP Growth Hits Three-Year Low

India’s Gross domestic product (GDP) growth hit a three-year low of 5.3 percent on a year-on–year basis in the July-September quarter, according to the official data released Friday.

Japan Industrial Output Up 1.8% In October; Other Numbers Down

Japan’s industrial output rose in October compared to that in the previous month, which could give the much required support to the country’s faltering economy.

US Q3 GDP Growth Not As Good As It Looks; Q4 Unlikely To Prove Much Brighter Due To Fiscal Cliff, Hurricane Sandy

Economists have trimmed their expectations for Q1 2013 U.S. GDP growth for the fourth straight month.

$1 Coins Instead Of Bills Saves Green For The US

If the U.S. switched from paper bills to $1 coins, it could save the government a lot of money.

Fiscal Cliff Fix Appears Elusive By Dec.31; Obama Takes To Social Media To Gauge Public Sentiment

As the U.S. government explores options to avoid the looming fiscal cliff, President Obama has warned that if the much-despised tax hikes was to occur, it would impact the global economy.

India's Current Account Deficit To Narrow To 3.5%

India’s current account deficit is likely to narrow to 3.5 percent from the current 4.5 percent by the end of the fiscal year, Prime Minister's Economic Advisor Council Chairman Dr C Rangarajan has said.

A picture illustration shows Japanese 10,000 yen notes featuring a portrait of Yukichi Fukuzawa, the founding father of modern Japan, taken in Tokyo

Japan’s Retail Sales Decline 1.2% In October

Japan’s retail sales fell in October compared to those in the same month last year, indicating a faltering consumer spending which accounts for the majority of overall economic activity.

One In 10 British Workers Is Underemployed

The number of U.K. underemployed has climbed by almost 1 million to 3 million since the beginning of the recession in 2008.

7-Time Powerball Winner Richard Lustig And Other Victors Offer Lottery Advice

Lustig says to avoid quick picks, and past winners relish their old lives.

Philippines GDP Rises 7.1% In Q3

The Philippines’ economy grew at a faster rate than expected in the third quarter, indicating that the country’s economic condition continues to strengthen.

Sales Of Homes And Durable Goods Boosting US Economy

The U.S. economy continues to strengthen, boosted by home sales and manufactured goods: computers, refrigerators and heavy machinery.

OECD Slashes Global Growth Forecast

Prospects for global economic growth are diminishing, the OECD said Tuesday.

Thailand’s Industrial Output Climbs To 36.1% In October

Thailand’s industrial output grew in October more than expected compared with its output during the same period last year, indicating an upswing in manufacturing.

EU, IMF Approve Greek Bailout Deal

Euro zone finance ministers and the IMF announced on Monday night that they reached a deal on an urgently needed bailout for Greece.

US Q3 GDP Second Estimate, Fed’s Beige Book, New Home Sales: Economic Events For Nov. 26-30

After returning from the Thanksgiving break, market participants will face a crowded economic calendar.

Bank of Canada's Carney says vigilant on C$ impact on...

Canadian Mark Carney To Become Bank Of England Governor

Bank of Canada Gov. Mark Carney will become the first non-Briton to ever head the Bank of England.

Egyptian people wait for bread during Morsi's first 100 days Oct. 4, 2012

$4.8 Billion IMF Loan Gives Morsi's Egypt A Confidence Boost

Mohammed Morsi's government has the hard job of rebuilding Egypt's economy, but the IMF's $4.8 billion will make it a bit easier.

US Initial Jobless Claims Fell To 410K Last Week, Still High Due To Sandy

The initial jobless claims statistic is still being distorted by the hurricane that inflicted enormous damage on the northeast U.S.

Get In On Spain's Real Estate Bonanza [PHOTOS]

Spain is prepared to offer residency permits to foreigners who purchase homes valued at €160,000 ($204,000) or more, in a bid to stimulate its devastated real estate market.