China's non-manufacturing activity declined in September compared to that in the previous month, increasing the concerns over the slowdown in the economic growth of the country.
Asian markets rose Wednesday as investors remained hopeful that policymakers in China would soon announce stimulus measures to bolster the world’s second largest economy.
The dollar firmed and most riskier assets edged lower Wednesday as uncertainty over the timing of Spain's request for an international bailout added to worries about slowing global growth.
The Reserve Bank of Australia, the country's central bank, lowered its benchmark interest rate on a sudden -- and unexpected -- gloomy labor market view.
Iran has threatened to enrich uranium up to 60 percent if current talks with several Western heavyweights fail.
Three of the arrested crewmen worked on a vessel owned by Hong Kong Electric, and the other three crewmen were from the other vessel.
Friday's jobs report will carry the most weight, since this is the penultimate report before the elections.
The U.S. stock index futures point to a slightly higher open Tuesday as investors maintain a watchful mode amid the continuing concerns over the weakening global economic growth.
Asian stock markets mostly advanced Tuesday as a better-than-expected reading on the U.S. manufacturing data lifted sentiment.
A boat en route to the famed Victoria Harbor, carrying the employees of Hong Kong’s electric company and their families to watch fireworks display, collided with a commuter ferry Monday night and sank leaving at least 36 people dead, news agencies reported citing Hong Kong authorities.
Asian markets rose Tuesday as investor confidence was lifted by the upward trend of the U.S. economy following improvement in the country’s manufacturing activity in September.
Asian shares, the euro and the Australian dollar inched up Tuesday after an unexpected expansion in U.S. factory activity buoyed sentiment.
The world population is getting older with every passing year. This is one aging process that cannot be ignored.
The International Air Transport Association (IATA) announced an upward revision to its global outlook for 2012 Monday after improved global airline performance in the second quarter.
Facing his own presidential campaign, Venezuelan leader Hugo Chavez has endorsed U.S. President Obama.
Despite mild uptick in September's U.S. PMI, the deepening euro zone crisis will continue to weigh on the global economy.
The U.S. stock index futures point to a higher open Monday ahead of the Institute of Supply Management’s (ISM) Manufacturing Purchasing Managers’ Index data.
Asian stock markets were mixed Monday as the weak economic reports from China and Japan increased the concerns over the global growth slowdown.
Crude oil prices declined in Asia Monday as weak economic reports from China and Japan dampened sentiment.
China's manufacturing activity in September continued to remain in the phase of contraction, increasing the concerns over the slowdown in the economic growth of the world's second largest economy.
Japan's Nikkei Stock Average fell Monday as investor confidence was weighed down by the rising concerns about the worsening global economic conditions following the disappointing data which showed the weakening Japanese business conditions and Chinese manufacturing activity.
The factory slump in the world’s second-largest economy continues as China's Manufacturing Purchasing Managers Index, or PMI, rose to 49.8 in September from 49.2 in August.