Myanmar can post six percent economic growth next year if the right reform steps are taken by the government, the International Monetary Fund (IMF) has said.
While Nicolas Sarkozy has finally met his Waterloo -- and not before time according to a testy French electorate -- analysts are unconvinced Hollande can persuade the rest of Europe, let alone a resolute Germany, to abandon the austerity juggernaut.
The debate over austerity versus growth is a false choice for policymakers, International Monetary Fund Managing Director Christine Lagarde said on Monday.
Vladimir Putin ordered Russia's government to boost investment and shake up state-run industries in a flurry of decrees issued after he returned to the presidency on Monday with a call for a new economy.
Spain, the euro zone's fourth-largest economy, said Monday industrial output decrease by 7.5 percent in March compared to the prior year, following sharp unemployment and shrinking gross domestic product, according to official data.
A central government plan to create a high end tourist industry on the tropical Hainan island has delivered a much-anticipated surge in economic growth, but it has also widened the wealth gap between rich and poor that Beijing was trying to close.
Indonesia's economic growth slowed down in the first quarter compared to the last quarter as exports and investment remained weak due to soft global demand.
What inspires China's energetic Internet community? Why is the government so worried about it?
CEOs of major U.S. corporations have seen their pay increase by 725 percent between 1978 and 2011. In the same time, worker compensation grew by a painfully slow 5.7 percent.
In some U.S. presidential election years, one issue dominates, and that's likely to be the case in 2012. The issue: jobs, and so far the Obama administration's policies have not created enough. President Barack Obama needs to find ways to create more jobs, if he hopes to be re-elected.
U.S. 30-year fixed-rate mortgages fell to a new record low of 3.84 percent in the week ending May 2, following subdued economic data, mortgage financier Freddie Mac said Thursday.
U.S. non-farm productivity fell in the first quarter by 0.5 percent as the country's employment base increased, the Labor Department said Thursday.
The Chinese manufacturing sector continued to weaken in April, although its rate of deterioration slowed from March, as demand remained low and new business declined, according to HSBC and Martkit's China Manufacturing PMI survey Wednesday.
India's manufacturing activity improved in April compared to previous month, according to the HSBC flash Purchasing Managers Index (PMI) released Wednesday.
U.S. construction spending in March barely increased over the previous month's level as government spending on infrastructure projects fell, the U.S. Commerce Department said Tuesday.
The Chinese are benefiting from advances in transportation and communication, as well as policies established by the government,
The British manufacturing sector is approaching negative growth thanks largely to a decline in exports to the troubled eurozone, according to a monthly benchmark index that gauges industrial health released Tuesday.The Markit/CIPS Purchasing Managers' Index (PMI) for the manufacturing sector fell to 50.5 in April, down from 51.9 in March. The report also showed the sharpest decline in new export orders since March 2009.
India?s trade deficit rose to $13.9 billion in March compared with $3.8 billion a year ago driven by high crude oil import costs according to data reported by the Ministry of Commerce Tuesday.
The one constant that we can rely on is the willingness of the Federal Reserve to act promptly if the data were to become unambiguously negative
Starwood Hotels and Resorts, operator of the Sheraton hotel chain, will open two new facilities in Iraq, 20 years after shutting down its operations there when the First Gulf War broke out.
Europe's chronic financial and economic troubles threaten to reach a critical level in May as warning signals emerge from the continent's core and its southern periphery.
Futures on major US stock indices point to a lower opening Monday ahead of economic data including core PCE price index and Chicago PMI.
