Hao Li

While it was high public debt that did Greece in and a collapsed banking sector that sunk Ireland, Portugal's problems are low economic growth prospects and high private sector debt.

Nov 30, 2010

The East Asian bond market, especially corporate bonds, continues to expand and draw strong demand from return-starved Western investors.

Nov 30, 2010

Many countries have taken it upon themselves to negotiate regional or bilateral trade agreements to match evolving economic realities as the multilateral Doha Round negotiations stall.

Nov 29, 2010

In response to soaring food prices, China announced plans for price controls.

Nov 29, 2010

The IMF published a study asserting that growing income inequality in the U.S. triggered the two most severe financial crises and economic downturns of the last 100 years by creating unsustainable imbalances.

Nov 25, 2010

J. Crew's takeover has boosted the stock prices of several other retailers, possibly because this acquisition is stoking M&A interest in the broad sector.

Nov 24, 2010

As countries like China and Russia phase out the usage of U.S. dollars for international trade -- including but not limited to oil trade -- its status as the world's reserve currency will continue to slide.

Nov 24, 2010

Sovereign debt crises in peripheral Europe threaten to bring down the overall euro zone economy because European banks are heavily expose those debt.

Nov 24, 2010

Some individuals – like myself and a few other students of crises in the recent cycle – are able to predict the financial storm well in advance, said Nouriel Roubini, co-founder of Roubini Global Economics.

Nov 23, 2010

Minutes of the November 2-3 Federal Open Market Committee meeting.

Nov 23, 2010

Government policies all over the world are distorting the market for agricultural products and discouraging their production at a time when there is a global shortage of them.

Nov 23, 2010

The massive EU and IMF bailout for Ireland doesn't seem to be working as the euro currency, European stocks, and Irish stocks gave back early gains and closed with losses. Irish bonds are still up for the day, but not by much.

Nov 22, 2010

A BIS study found the market judges risks of uncontrolled inflation to be relatively low for the U.S and euro zone, despite the expansion of their central banks' sheets and soaring gold prices.

Nov 22, 2010

The most serious [economic] challenge today is that of unemployment, said Pascal Lamy, the director-general of the WTO. Lamy urges countries to expand global trade, instead of clamping down on it, to create more jobs for everyone.

Nov 22, 2010

The Irish government has agreed to request a bailout from the European Union and the IMF, according to official statements from Ireland and the Eurogroup.

Nov 21, 2010

Federal prosecutors in New York, the FBI, and the SEC are capping a three-year colossal insider trader investigation involving expert networks.

Nov 21, 2010

Ireland's blanket guarantee of the banking sector puts the taxpayers on the hook for a staggering amount of liabilities. Any collapse in the Irish debt market or economy would likely create a European crisis, if not a global one.

Nov 20, 2010

As early as the 1980s, fault lines began to appear in Europe's economy and the global financial crisis tore them wide open. Now, Europe perhaps faces its greatest economic challenges since WWII.

Nov 19, 2010

China will no longer give exemptions to foreign firms from the Urban Maintenance and Construction Tax and Education Surcharges.

Nov 19, 2010

China is intensifying efforts to fight inflation as it raised the reserve requirement ratio for banks on Friday for the fifth time this year and the second time this month.

Nov 19, 2010

Jim Cramer said investors should purchase newly-privatized General Motors (NYSE:GM) shares because it's a good idea to buy from the federal government whenever it has a privatization up its sleeve.

Nov 18, 2010

The University of Michigan forecasts the U.S. economic recovery to be sluggish in the near term due to the weak jobs market, deleveraging, belt-tightening within state and local governments, and the still-felt impact of the housing collapse.

Nov 18, 2010

The U.S. Department of Treasury sanctioned two North Korea companies for being controlled and used by a secretive branch of the North Korean government for illicit activities.

Nov 18, 2010

ASEAN countries are seeking foreign direct investments -- especially those from OECD countries -- to power their economic growth.

Nov 18, 2010

China has stepped up its fight against food inflation by announcing plans for price controls, the selling of government supplies, and subsidies to needy families.

Nov 17, 2010

The Federal Reserve on Wednesday announced guidelines for evaluating whether or not banks will be allowed to take actions that could result in a diminished capital base in 2011.

Nov 17, 2010

Too big to fail is now over and American taxpayers will never be asked to bear the costs of a financial firm's failure, said U.S. Treasury deputy secretary Neal Wolin.

Nov 17, 2010

Billionaire investor Warren Buffett praised the U.S. government for bailing out Wall Street and saving the U.S. economy during the height of the financial crisis.

Nov 17, 2010

European officials are working on a bailout for Ireland that could reach 100 billion euros.

Nov 17, 2010