GDP

June industrial output seen at 5.5 pct

June Qtr Growth Seen Slowing to 7.6 pct y/y

India's economy probably grew an annual 7.6 percent in the quarter through June, slowing from the previous quarter's 7.8 percent growth, the median forecast from a poll of 28 economists showed
Gold bar

Gold, Silver Prices Down as Optimism about Economy Rises

Gold and silver prices closed lower Monday as some precious metals investors took profit from recent gains and other investors decided fears of a double-dip recession were overblown and put their money in riskier assets like heavily discounted stocks.
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U.S. Federal Reserve

Bernanke Speech: For Now, No QE3, But Stay Tuned

In his Jackson Hole, Wyo. conference speech, U.S. Federal Reserve Chairman Ben Bernanke said, in so many words, that headwinds -- some organic, some Capitol Hill-ish -- confronting the U.S. economy are strong, but the Fed is stronger.
ina battling the bulge

Fat camp shows China battling the bulge

On the grounds of the Bodyworks weight loss campus in Beijing, 30 tubby men and women sweat profusely, gasping for air as they pound the treadmills in an exercise room.
U.S. Economy

GDP Revision: U.S. Economy Grew Just 1.0% in Second Quarter

The U.S. economy grew at a worse-than-expected 1.0 percent rate in the second quarter, the U.S. Commerce Department announced Friday, in its second estimate for the quarter, as lower export growth and a slowdown in inventory build-up braked the world's largest economy to near-stall speed.
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UBS cuts China growth outlook amid global slowdown

UBS cut its 2011 and 2012 growth forecasts for China on Thursday to reflect weaker growth prospects in developed economies, saying the central bank may relax policy if the world's second-largest economy falters.
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G20 Must Act to Fix Imbalances: Bank of Canada

The Group of 20 leading and emerging nations has not done enough to correct global imbalances, and this could provoke more financial instability, a top Bank of Canada official said Wednesday.
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Moody's Cuts Japan Rating by One Notch to AA3

Moody's Investors Service cut its rating on Japan's government debt by one notch to AA3 on Wednesday, blaming large budget deficits and a buildup of debt since the 2009 global recession.
Workers at Amphenol factory weave intricate cables for western brands in China's Guangzhou

China Factory Output Cools in August--HSBC

China's factory sector is likely to slow slightly for a second consecutive month in August as sluggish overseas demand saps new orders, HSBC's China Flash PMI showed on Tuesday.
For Discussion: U.S. Housing Sector

New Home Sales Decline for Third Straight Month, Likely to Weigh on U.S. Economy

New home sells fell in July to a 298,000-unit annual rate, the third straight monthly decline for the beleaguered sector. The slump means housing is likely to be a drag on U.S. GDP at least for the next two quarters, and perhaps for longer. New home prices are attractive, but potential buyers should traead carefully: they may drop in many markets.
Autos propel Canadian retail sales higher in June

Rise in Canadian retail sales fails to impress

Canadian retail sales rose a seemingly healthy 0.7 percent in June from May, but the figure prompted little enthusiasm from analysts who noted a one-off jump in auto sales had fueled most of the gain.

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