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News & Updates
Manufacturing in Spain and Italy grew more than economists forecast this month as the weaker euro helped to boost export competitiveness
June 1, 2015 Oil prices fall as OPEC output seen staying highSource: Reuters
Crude oil prices dropped on Monday on expectations that OPEC output would remain high after rising in May, stoking worries of oversupply despite declining U.S. rig operations.
Yahoo News - "They are the first line of defense for global collective security and they are pillars, essential pillars, for regional security," Guterres told The Associated Press at a regional îWorld Economic Forumî...
Source: Washington Post
LONDON — The Bank of England is downgrading its forecast for the British economy’s growth this year from 2.9 percent to 2.5 percent.
World bond and stock markets rose on Friday after a bruising week and sterling jumped to a two-month high after the business-friendly Conservative party won Britain's national elections.
China's exports unexpectedly fell 6.4 percent in April from a year earlier, while imports tumbled by a deeper-than-forecast 16.2 percent, fueling expectations that Beijing will quickly roll out more stimulus to avert a sharper...
BEIJING/SHANGHAI - Giant U.S. retailer Wal-Mart Stores Inc plans to expand its footprint in China by nearly a third by opening 115 new stores by 2017, the firm's chief executive said, in a renewed push to lure China's grocery...
April 29, 2015 China Is Set to Lose Manufacturing CrownSource: Bloomberg
The cheap, young labor and strategic location of Myanmar, Cambodia and Laos are set to draw increasing numbers of manufacturers to Southeast Asia, which will eventually displace China for the title of "world's factory.''
April 23, 2015 China still attractive to foreign investment: economist
China - Sun Zhenyu, president of the China Society for îWorld Trade Organizationî Studies, said despite shrinking global capital flows, China's ability to attract foreign investment has not lost its luster. Sun made...
April 23, 2015 Obama’s trade agenda clears hurdle in SenateSource: SF Gate
Congressional backers of President Obama’s trade agenda battled opponents on the left and right Wednesday, hoping to advance legislation that could lead to trade agreements with numerous countries.
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