President Barack Obama faced growing congressional pressure on Monday to get tough with China over its currency practices, one day after Chinese Premier Wen Jiabao brushed off accusations that Beijing was undervaluing its currency for an unfair trade advantage.
The stock market rallied from a morning loss to inch into positive territory by the closing, a pattern often seen in recent sessions.
The euro fell against the dollar on Monday, weighed down by a lack of concrete progress on a financial aid package for debt-strapped Greece.
U.S. industrial production braked sharply in February, held back by severe winter storms that slammed parts of the country, while manufacturing activity in New York state stalled this month.
The stock market fell modestly on Monday as market participants digest developments on policy decisions from world governments, notably those of the U.S. and China.
Stocks slipped on Monday on nagging worries the Chinese government may tighten credit, a move that could slow growth in the global economy.
The U.S. stock market fell Monday on important policy developments from the U.S., euro zone, and China.
China's National Bureau of Statistics on Monday said country's crude steel output was 50.36 million tons in February, 22.5% more than in the same month of last year, but 4.1% less than in the 52.53 million tons produced in January.
Stocks fell slightly on Monday on persistent concerns the Chinese government may tighten credit, which could hinder the global recovery from recession.
U.S. industrial production braked sharply in February, held back by severe winter storms that slammed parts of the country, while manufacturing activity in New York state stalled this month.
BYD Co, the Chinese car and battery maker backed by U.S. billionaire Warren Buffett, posted a forecast-beating fourth-quarter result on Sunday.
Google said on Monday it remained in talks with the Chinese government about censorship of its Chinese-language search portal, despite mounting signs the company could soon shut the site.
Australia's Arrow Energy is set to reject as too low a $3 billion joint takeover offer from Royal Dutch Shell and PetroChina
Stocks were set to slip at the open on Monday, weighed by persistent concerns over a possible monetary tightening in China that could slow the global recovery from recession.
Stock futures point towards a lower opening on Monday as market participants wait Senator Chris Dodd's financial reform bill and digest comments made by Chinese Premier Wen Jiabao about the yuan.
Stock index futures fell on Monday on persistent concerns over a possible monetary tightening in China, which could slow the global recovery from recession.
JP Morgan (JPM.N) Asset Management has invested almost a quarter of its $860 million Asian infrastructure fund in China and India assets
The United States is to blame for strains between Beijing and Washington and should take steps to repair ties, Chinese Premier Wen Jiabao said on Sunday, indicating the two powers have not overcome a recent rough patch.
Stock index futures fell on Monday on persistent concerns over a possible monetary tightening in China, which could slow the global recovery from recession.
China Mobile's 3G outlook will take center stage this week as China's three telecoms carriers begin to kick off quarterly results, with market focus on whether the nation's dominant player will turn up the volume in its low-key 3G roll-out.
Stock index futures pointed to a lower open on Wall Street on Monday, with futures for the S&P 500 down 0.39 percent, Dow Jones futures down 0.38 percent and Nasdaq 100 futures down 0.23 at 0900 GMT (4:00 a.m. ET).
China's steelmakers should not try draw their government into iron ore price talks with Australian miners, Australia's trade minister said on Monday, as the mills struggle to pin back soaring raw material prices.