Asian stocks declined, dragging the regional benchmark index to its lowest level in a week, as slowing jobs growth in the U.S. added to signs the global economic recovery is faltering.
BusinessWeek.com — Finance
Asian stocks declined, dragging the regional benchmark index to its lowest level in a week, as slowing jobs growth in the U.S. added to signs the global economic recovery is faltering.
BusinessWeek.com — Finance
Manufacturing growth from China to the euro region and the U.S. slowed in May, adding to signs that momentum is weakening in a global economy facing rising costs and regional shocks
BusinessWeek.com — Finance
China’s industrial companies’ profit- growth slowed after the government raised interest rates and curbed lending to rein in inflation and limit asset bubble risks.
BusinessWeek.com — Finance
Indonesia’s central bank will probably keep interest rates unchanged for a third consecutive meeting to support the economy, allowing gains in the rupiah to reduce inflationary pressures.
BusinessWeek.com — Finance
South Korea and Taiwan may need to keep raising interest rates as an estimated slowdown in growth last quarter failed to ease inflationary pressure.
BusinessWeek.com — Finance
U.K. inflation unexpectedly slowed in March for the first time in eight months as discounting at supermarkets prompted food prices to plunge.
BusinessWeek.com — Finance
Wells Fargo & Co., the largest U.S. home lender, cut 1,900 employees from its mortgage unit, or less than 1 percent of the workforce, as fewer would-be borrowers submit applications for loans.
BusinessWeek.com — Finance
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