ECONOMY & MARKETS

"Frankly, this is the best looking contraction in GDP you'll ever see," said Paul Ashworth, chief U.S. economist at Capital Economics.

A 160,000 job gain in January would maintain the current job uptrend, but gains still aren't big enough to lower the high unemployment rate.

Japan’s retail sales rose a better-than-expected 0.4 percent in December in comparison to the same period last year, but lower than the 1.3 percent growth cloaked in November.

South Korea’s industrial production rose 1.0 percent in December from 2.6 percent in the previous month.

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This week the focus will be on U.S. non-farm payrolls, ISM data, FOMC decision and January vehicle sales.

Asia's third-largest economy cut key interest rates as it tries to strike a balance between inflation and lending.

Profits of Chinese industrial companies rose 17.3 percent in December from a year earlier to 895.2 billion yuan ($143.91 billion).

When it comes to manufacturing, China is no longer a no-brainer.

There's a superstorm raging over our economy that's been seeded and fueled by the federal government.

The swings in claims may reflect challenges adjusting the data during the holiday period and at the start of quarters.

Spain’s unemployment rate in the fourth quarter of 2012 jumped to a record high of 26 percent, data released by the National Statistics Institute showed Thursday.

Growth in China's factory sector hit a two-year high in January, a preliminary private survey showed Thursday, as manufacturers received more orders.

Even if Spain asks for a bailout, it won't be enough to address the country's deep-seated problems, according to a European economist.

Ultra-easy monetary policy is increasing the risk of a boom-bust cycle in capital flows, the Institute of International Finance warned.

Rising youth jobless rates have spurred concern over a “lost generation.” Global joblessness hit 197 million, up 4 million in 2012.

A widely followed survey of German investor confidence posted a two-and-a-half year high, surging unexpectedly above its long-term average.

China’s Gini coefficient, an income inequality gauge, is lower than 10 years ago. Is China’s much talked-about income gap actually lessening?

The Japanese yen fell Tuesday against the dollar after the Bank of Japan raised the inflation target to 2 percent from 1 percent.

The BoJ will likely expand asset purchases and state a new inflation goal. Here's your handy watchlist for this week.

Economists continue to be at odds over the reliability of official Chinese data, but Baring Asset’s Khiem Do says they are "OK."

China’s economy rose at a better than expected rate in the fourth quarter of last year, indicating that economic growth is reviving.

Housing starts in the U.S. surged last month, while jobless claims last week declined to a five-week low.

Some analysts warn that the recovery in the world's 2nd largest economy is likely to be tepid and the modest rebound could fade in mid-2013.

Beijing's Capital Airport, the second busiest in the world, is congested. China has agreed to build the city a new one. Here's what to expect.

The retail sales rise was the highest since Sept. - suggesting that the world's No. 1 economy ended 2012 with more of a bang than a whimper.

A new study suggests that China's one-child policy may have produced an unwanted effect -- or a whole generation of them.

November's euro zone industrial production data provided further signs the region's recession intensified in the final quarter of 2012.

India’s headline inflation declined to 7.18 percent in December from 7.24 percent in November.