Chinese Foreign Direct Investment (FDI): Going On A ‘Shopping Spree’ In Europe
Beijing is now buying up depressed assets on foreign soil. And their favorite destination is Europe.
US Consumer Confidence Rebounds In February: Conference Board
However, the headline consumer confidence index is still well below the long-term average of 92.
Groupon, Macy’s, Best Buy, JC Penney: Earnings Reports To Watch, Feb 25-28
Investors will get a good read on economic conditions via a slew of quarterly earnings reports by big-name retailers this week.
Euro Zone February PMI Points To Deepening Slump; Schism Widening Between Germany And France
The latest PMI survey showed that the downturn in the euro zone’s businesses worsened unexpectedly in February, particularly in France.
US Tire Maker Titan International CEO Maurice Taylor Derides French Workers As Lazy For Putting In ‘Three Hours A Day’
“How stupid do you think we are?” Titan's CEO asked France's government when it asked him to invest in a plant.
CHART: Asia’s Demographic Peaks Could Spark A US Manufacturing Renaissance
ASEAN economies likely will see much more favorable demographics compared to Northeast Asia.
German Investor Sentiment Soars To Near 3-Year High In February: ZEW
German investor sentiment soared to its highest level in nearly 3 years in Feb., adding to signs that the worst of the euro crisis is over.
Italy Elections 2013, New BoJ Governor, FOMC Minutes And MPC Minutes: Economic Events For Feb. 19-22
This week's highlights: FOMC and MPC minutes, Italy elections and the appointment of a new BoJ governor.
Google Inc. May Launch Retail Stores By Year-End: Report
Google Inc. reportedly plans to open a chain of self-branded retail stores in the U.S. before the end of this year.
Russia Meteor 2013: Damage To Top $33 Million; Rescue, Cleanup Team Heads To Meteorite-Hit Urals
NASA said the meteor explosion was a "once in a century event" as 20,000 emergency responders converged on the area.
Bomb In Pakistan’s Quetta Kills At Least 60, Injures 200: Police [VIDEO]
A bomb in a market in Quetta, Pakistan, killed at least 60 on Saturday, police officials said, with more than 200 wounded.
G-20 Summit In Russia: Officials Defuse Currency War, Japan Not Singled Out
A two-day G-20 meeting in Moscow ended on Saturday with members promising to refrain from competitive currency devaluation.
US Industrial Production Fell In January On Weak Auto Manufacturing
Global growth will still be fairly weak this year, but there’s no denying that industrial conditions have recently improved.
Wal-Mart, AIG, Dell, Hewlett-Packard: Earnings Reports To Watch, Feb. 18-22
Here's your handy earnings-report watchlist for this week.
Euro Zone 4Q GDP Plunge Won’t Stoke ECB Rate-Cut Expectations
A bigger-than-expected GDP contraction in Q4 brought a dismal end to a very difficult year for the euro zone.
Asian Stock Markets: Fundamentals Take A Backseat To Sentiment
Asian markets shouldn’t be perceived as high risk, but stock valuations are definitely out of sync with earnings growth, an expert warned.
Central Bank Gold Demand Hits 48-Year-High In 2012: World Gold Council
Central banks are now buying more gold than ETF investors -- a very startling result. Will the trend continue?
Currency Wars: What You Need To Know As The Yen Falls Against The Dollar And Euro And The G-7 Tries To Calm Fears
Beggar-thy-neighbor currency devaluations helped crash the global economy in the 1930s. Are we about to repeat?
BoJ, G20 Meetings To Focus On ‘Currency War’: Economic Events For Feb. 12-15
Foreign-exchange traders will be closely watching the G20 meeting in Russia. Currency manipulation will likely dominate the discussions.
African Countries’ Bond Rush: A Return To ‘Original Sin?’
Many African countries are hitting the global bond market.
Coca-Cola, PepsiCo, Cisco, Comcast, GM: Earnings Reports To Watch, Feb. 11-15
Though the earnings season is winding down, results continue to boost growth estimates for the fourth quarter.
US Risks Losing Status As World’s Top Exporter Of Corn Due To The Ethanol Mandate
Historically, the U.S. has been the world's biggest corn exporter. But the landscape is rapidly changing.
Trend In US Initial Jobless Claims Near 5-Year Low
The four-week moving average hit a near five-year low, pointing to an ongoing gradual recovery in the labor market.
Coal’s Darkest Hour: Fitch Warns Of Increased Bankruptcy Possibilities In US Coal Sector
King Coal, which powered the Industrial Revolution, probably won’t see a return of his glory days.
Biogen Idec To Buy Elan’s Stake In MS Drug Tysabri For $3.2 Billion
Biogen expects sole ownership of multiple sclerosis drug Tysabri to add as much as 60 cents to its adjusted EPS.
US Payroll Tax Hike Likely Hit January Incomes Hard; Consumers Tap Savings To Boost Spending
The expiration of the U.S. payroll tax cut likely left consumers with 3.5% less personal disposable income in January.
China’s Real Estate Is Back, Home Prices Could Rise 5%-10% In 2013
Land sales figures in China's 10 key cities almost tripled in the first month of 2013.
ECB To Hold Fire At February Meeting; Could Risk Losing Out Amid A Currency War
As other central banks continue printing money, the European Central Bank seems to be moving in the opposite direction.
China's Declining Labor Pool Approaching the ‘Lewis Turning Point’: IMF Paper
China is undergoing a demographic shift that will have profound economic and social consequences.
Super Bowl 2013 Blackout: What Caused The Power Outage?
After the great power outage in New Orleans' Superdome, the recriminations begin.
