ECONOMY & MARKETS

China is a big consumer of everything, and automobiles are no exception. However, China's limited monthly quota of license plates can leave many car owners broke.

The U.S. shale boom has supported a total of 1.7 million jobs this year -- a number that will swell to almost 3 million by 2020.

Confusion reigns after the EU summit ends, and leaders are still at odds over a future banking union.

Key reports this week include the preliminary release of U.S. Q3 GDP, October FOMC rate decision and China HSBC PMI data.

Japan reported Monday a rise in trade deficit in September compared to the same month last year with a decrease in exports and increase in imports.

At $90, oil's price remains painfully high. But are we about to experience a gradual easing in crude's price?

India's aviation market is flying high. But, to maintain its altitude, foreign help may be needed by domestic players large and small.

The Reserve Bank of India is expected to ease the rates at the forthcoming policy meeting Oct. 30 amid the growing concerns about the deteriorating growth prospects of the country's economy.

More Americans than expected applied for unemployment benefits last week.

The Dalits of India -- the word "dalit" means “oppressed” or “downtrodden" in Sanskrit -- are stuck at the very bottom of the caste hierarchy.

According to the official data released Thursday, China’s industrial production rose in September compared to that in the previous month, indicating an upswing in the manufacturing output.

China’s growth slowed again last quarter, to its lowest level since early 2009, the government announced Thursday morning.

Pirates boarded the Bourbon Liberty 249 off the coast of Nigeria and took hostage six Russians and one Estonian.

Negotiators for Greece and three institutions that are financially rescuing the country reached a deal on aid and austerity.

Germany's economy will grow this year by 1 percent, Berlin said Wednesday, not the 1.6 percent it had earlier forecast.

China is still widely expected to undershoot the 7.5% growth rate mandated by Beijing for 2012 when it reports 3Q GDP Thursday.

Barack Obama and Mitt Romney will cover both domestic and foreign policies during the second U.S. presidential debate Tuesday.

Fed Chairman Ben Bernanke on Sunday tried to refute arguments that the central bank’s aggressive monetary easing has sparked a global “currency war” that risks destabilizing emerging market economies.

Eastern Europe’s capitals have been high-tech stars for years, but don't overlook Brno, Katowice, and other so-called second-tier cities.

China now consumes twice as much meat as the U.S., but it may cost the country dearly in the long run.

Citigroup Chief Economist Willem Buiter now believes Greece could leave the euro zone, but not before 2014.

India's retail inflation rate moderated to 9.73 percent in September from the 10.03 percent in August, mainly by a marginal fall in fuel prices, according to the data released by the Ministry of Statistics and Program Implementation.

India's industrial output grew at a modest 2.7 percent in August, beating the analysts' expectation of a 1.1 percent growth as compared to the same period a year ago. The data was released by the government of India on Friday. The Index of Industrial Production (IIP) had recorded a flat 0.1 percent growth in July 2012.

The Labor Dept. said the number of Americans lining up for new jobless benefits fell sharply in the last week to their lowest level since February 2008.

Australia is losing jobs to other countries, and the reason may be surprising: China isn't growing as fast as it used to.

China's growth likely bottomed in the third quarter, but this cycle might look "W-shaped" as there could be small volatility at the bottom.

The IMF cut its global growth forecast Tuesday morning for the second time since April and warned U.S. and European policy makers that failure to fix their economic ills would prolong the slump.

Growth in the gross domestic product of the world’s second-largest economy may drop by a sizable 1.6 percentage points between 2011 and 2012, according to the World Bank’s “East Asia and Pacific Economic Data Monitor” released in Singapore on Monday.

Gurcharan Das, the acclaimed author of “India Grows at Night,” believes India may have reached the limits of growth under poor governance and weak institutions.