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News & Updates

June 1, 2015 Spain, Italy Manufacturing Strengthen as Weak Euro Lifts Orders

Source: Bloomberg

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 high

Source: 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.

May 26, 2015 AP Interview: Top UN official says Europe must open borders

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...

May 13, 2015 Bank of England cuts UK growth forecast to 2.5 percent

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.

May 8, 2015 Bonds and stocks rebound, sterling soars after UK election

Source: Reuters

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.

May 8, 2015 China April exports unexpectedly contract, import slide worsens, more stimulus seen

Source: Reuters

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...

April 29, 2015 Wal-Mart to expand China store network by nearly a third after growth stalls

Source: Reuters

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 Crown

Source: 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 Senate

Source: 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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