China manufacturing contracts, eurozone and US slows

Last Updated: Tuesday, September 1, 2015, 23:03

China`s giant manufacturing industry contracted and eurozone and US growth eased in August in data published on Tuesday, while the International Monetary Fund cut its forecast for world growth this year.

IMF's Lagarde sees weaker-than-expected global economic growth

Last Updated: Tuesday, September 1, 2015, 13:56

"Overall, we expect global growth to remain moderate and likely weaker than we anticipated last July," Lagarde said.

Asia markets rally after strong US growth figures

Last Updated: Friday, August 28, 2015, 10:34

Asia stocks staged another rally in early trade on Friday, taking heart from strong US growth figures to cement a recovery after a torrid week when global markets took fright over China`s gloomy economic outlook.

US industrial production up

Last Updated: Saturday, August 15, 2015, 09:37

The US industrial production rose for the second month in July, driven by surge in auto production, the Federal Reserve said.

Tokyo stocks open 0.44% lower

Last Updated: Friday, June 5, 2015, 10:39

The Nikkei 225 index at the Tokyo Stock Exchange fell 89.43 points to 20,398.76 at the start.

Asia stocks mostly down, euro sinks as Greece delays payment

Last Updated: Friday, June 5, 2015, 10:25

Tokyo fell 0.44 percent by lunch, Hong Kong lost 0.20 percent and Seoul gave back 0.38 percent, but Sydney was flat and Shanghai rose 1.54 percent.

OECD calls US dip a blip, but chops world growth forecast

Last Updated: Wednesday, June 3, 2015, 15:29

It predicted the world economy would grow at a rate of 3.1 percent this year, down from the 4.0 percent increase it projected in March.

Greece, growth worries keep cap on Wall Street

Last Updated: Saturday, May 30, 2015, 09:32

Another volatile week marked by distrust over the US growth rebound and Greece`s debt talks prevented US markets from locking in recent record highs.

US economy contracted 0.7% in first quarter

Last Updated: Friday, May 29, 2015, 19:02

The US economy contracted at an annual rate of 0.7 percent in the first quarter of this year, the Commerce Department said Friday in a revised GDP estimate.