CHINA

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China Q3 Growth at Two-Year Low, but no Rate Cut Seen

China's economic expansion slowed in the third quarter to its weakest pace since early 2009 as euro-debt strains and a sluggish U.S. economy took a toll, but healthy domestic drivers suggest little room to relax monetary policy near term.

China GDP Grows at 9.1% in Third Quarter

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The gross domestic product of China has expanded 9.1 per cent in the third quarter from a year earlier, which is the slowest speed in more than two years for the world’s second-largest economy.
Pedestrians are reflected in a screen displaying the stock index prices in Tokyo

German Comments, China Slowdown Drag Down Global Stocks

Asian stocks and commodities fell on Tuesday after Germany's finance minister cautioned against hopes for a quick fix to Europe's debt problem, and news that China's economic growth slowed a tad in the third quarter added to concerns.
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America’s biggest growth industry: declinism

Conservative agitator Pat Buchanan’s new book says America might not survive until 2025; it’s called “The Suicide of a Superpower.” Even less alarmist observers are suddenly sounding a lot like Buchanan, as economists now predict that China may surpass the United States as the world’s largest economy a lot sooner than we thought, and important conferences are convened to deal with what Fareed Zakaria memorably dubbed “the post-American world.”
Apple iPhone 4S

iPhone 4S Launch Was Solid: Impact on RIM, Nokia

Apple Inc. took the wraps off the iPhone 4's sequel earlier this month. The new phone, called the iPhone 4S, has seen remarkable pre-order numbers. Pre-orders for the iPhone 4S started on Oct. 7 and has since registered 1 million units on the first day, surpassing the previous single-day record of 600,000 for the iPhone 4.
Traders work on the floor of the New York Stock Exchange

U.S. Stock Index Futures Signal Higher Open

Stock futures pointed to a higher open for equities on Wall Street on Monday after strong gains in the previous session, with futures for the S&P 500, the Dow Jones and the Nasdaq 100 up 0.7 to 0.9 percent.
A man watches a stock index board outside a brokerage in Tokyo

Stocks Rise, Euro Steady After G20 Urges Action

European stock index futures rose 1 percent and the euro held near a 1-month high Monday after France and Germany said over the weekend they were making good progress on a plan to resolve the euro zone's debt crisis and recapitalize its banks.
U.S. Treasury Secretary Timothy Geithner

Growth Slow, so Fast Action Needed on Jobs Bill: Geithner

U.S. economic growth has gained some strength, but remains too slow, and it would benefit from passage of a package of job proposals that congressional Republicans have blocked, Treasury Secretary Timothy Geithner said Saturday.
The Governor of the Bank of England Mervyn King talks to US Treasury Secretary Geithner and Britain's Chancellor of the Exchequer George Osborne in Paris

G20 tells euro zone to fix debt crisis within weeks

The world's leading economies kept pressure firmly on Europe to sort out its debt crisis on Saturday with the sense of urgency to be reflected in a communique at the end of a G20 finance chiefs' meeting.
U.S. Treasury Secretary Geithner looks on during the G20 Finance Ministers and Central Bank Governors Meeting in Busan

G-20 Maintains Pressure on Eurozone Over Debt Crisis

The world's leading economies kept the pressure firmly on Europe to sort out its debt crisis on Saturday with the sense of urgency to be reflected in a communique at the end of a G-20 finance chiefs' meeting.
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S.Africa stocks up, Telkom boosted by deal talk

South African stocks rose more than 1 percent on Friday, capping their best weekly performance in six weeks, as shares of Kumba Iron Ore and other resource firms gained after data from China boosted hopes of greater demand from the country.
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Durban target is to get Kyoto deal within 5 years

A successful outcome for the next global climate change conference in Durban would be to get everything in place for a legally binding successor to the Kyoto Protocol in less than five years, the European Union's chief climate negotiator said.

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