Asian stock markets ended lower Monday as concerns over the Chinese economic slowdown offset the expectations for more stimulus measures from the policy makers around world.
Lonmin PLC, the platinum producer whose Marikana mine in South Africa was the site of deadly protests during the past several weeks, is pushing for a return to business as usual after an operations shutdown caused by a wildcat strike and a period of national mourning.
Most Asian markets ended on a negative note last week as disappointing economic reports on China and the euro zone revived concerns over the floundering global economy while the lack of stimulus measures from policymakers also weighed.
Global automakers from Renault SA (Paris: RNO) to Ford Motor Company (NYSE: F) to Chinese companies like Geely Automotive are all racing to get a piece of the long-term potential promised by Africa's burgeoning automotive market. The continent's economy is on the rise, and despite very real improvements in the quality of life and standards of living in many African countries, risks for multinational manufacturers remain.
Falling bridges, crashing trains and other preventable tragedies expose the underlying inefficiencies of China's infrastructure boom.
A Congressional Budget Office analysis released Wednesday warns the U.S. could be heading for a recession in 2013 if Congress enacts scheduled spending cuts and tax increases.
Research groups say Israel may only suffer a 5 percent blow to GDP, but estimating the full cost of a war is a notoriously inaccurate undertaking.
In spite of a cheery assessment recently from the country's central bankers that led projections of 2012 GDP to be raised -- to 3.5 percent -- while views on inflation were lowered, recent days have seen growing signs of economic distress emanating from Australia.
Local governments in China are getting ready for major stimulus spending worth as much as 1.1 trillion dollars, despite warnings about the possibly detrimental effects.
It lights up the Parisian sky and graces postcards, key chains and holiday photos, but new figures show that the Eiffel Tower is more than just an iconic tourist attraction -- it’s the most valuable monument in Europe.
The number of Americans lining up for new jobless benefits rose more than expected last week, the Labor Department said Thursday, suggesting little improvement in the labor market.
he Markit Flash Eurozone PMI Composite Output Index, a measure of services and manufacturing order volumes, was 46.6 in August, down from 46.5 in July.
The Egyptian government Wednesday sought a $4.8-billion loan from the International Monetary Fund to help boost the country's economy struggling to recover from a political turmoil since last year's uprising that led to the fall of President Hosni Mubarak.
While the world braces for the next euro zone fiscal crisis flare-up, an analyst at Japanese financial conglomerate Nomura suggests that whatever bad news is just around the corner will not damage global economies as much as such crises once did.
Puerto Ricans decide its future in November, weighing options that include remaining a U.S. territory or becoming a state. While some say Puerto Rican statehood is bad business for the U.S. others say the nation might be looking at the next swing state.
An unofficial gauge of human misery in the U.S. is now sitting at its lowest level in three years. Not four. In other words, while conditions have improved somewhat, Americans are still feeling miserable under President Barack Obama's watch and that obviously doesn't bode well for Obama's re-election chances.
China's manufacturing activity fell in August compared to that in July, according to the preliminary HSBC Flash Purchasing Managers Index released Thursday.
The Congressional Budget Office said Wednesday that the so-called fiscal cliff, the simultaneous tax hikes and government spending cuts that take effect Jan. 1, 2013, will send the U.S. economy into recession next year.
Meles Zenawi's death has great implications not only for Ethiopia, but for Western diplomacy across the African continent.
Is the U.S. economy headed for a recession before it fully recovers from the last one? There's no better indicator to watch than trash.
Most of the Asian markets fell Wednesday as investor confidence was weighed down by the report that Japan's trade deficit increased in July, raising more concerns about the faltering global economy.
Argentina, South America's third-largest economy, is "probably" in the midst of a recession and won't register meaningful growth this year amid high inflation and weak industrial output, according to a new report.
