- China's stock rescue jolts companies, reform plans Updated: Sep-04-15 2:55 am
BEIJING - Tonhe Electronics is a casualty of Beijing's frantic effort to stop a stock market bust.
- Dominica estimates storm damage at nearly half of GDP Updated: Sep-03-15 5:16 pm
ROSEAU, Dominica - A preliminary assessment of the effects of Tropical Storm Erika on the island of Dominica has found damage to basic infrastructure alone that amounts to nearly half of the small country's GDP, the prime minister said Thursday.
- European Central Bank ready to give eurozone more stimulus Updated: Sep-03-15 1:00 pm
FRANKFURT, Germany - The European Central Bank is ready to give the eurozone economy a bigger dose of stimulus if turmoil in China and weaker global growth hurt its modest recovery, President Mario Draghi said Thursday.
- The Latest: ECB's Draghi says inflation target must stand Updated: Sep-03-15 9:22 am
FRANKFURT, Germany - The latest on the European economy as the European Central Bank meets to discuss its monetary policy (all times local):
- IMF: China, tumbling commodity prices threaten world economy Updated: Sep-02-15 8:14 pm
WASHINGTON - China's slowdown, volatile financial markets and tumbling raw-materials prices have raised the risks to economic growth around the world, the International Monetary Fund reported Wednesday.
- Fed report shows autos and housing fueling US growth Updated: Sep-02-15 4:31 pm
WASHINGTON - While U.S. housing and auto sales showed strength over the summer, manufacturers were feeling pressure from China's economic slowdown and the oil industry was squeezed by lower energy prices.
- China slowdown weighs on Australian growth in second quarter Updated: Sep-02-15 1:49 am
CANBERRA, Australia - Australia's economy grew a slower-than-expected 0.2 percent in the three months through June, dragged down by waning Chinese demand for resources including iron ore and coal, government figures showed Wednesday.
- Canada in recession; PM Harper denies it as election looms Updated: Sep-01-15 5:51 pm
TORONTO - Canada has fallen into a recession, dragged down by falling energy prices and economic troubles in China.
- You think the stock market is crazy? Look at oil prices. Updated: Sep-01-15 4:40 pm
NEW YORK - Commodity markets are renowned for their booms and busts but the last four days in the crude oil market have even experienced traders wide-eyed.
- US factory output up in August at slowest pace since May '13 Updated: Sep-01-15 11:40 am
WASHINGTON - A strong dollar and China's economic slowdown dragged growth at U.S. factories to the lowest level since May 2013.
- US construction spending reaches highest level in 7 years Updated: Sep-01-15 11:29 am
WASHINGTON - U.S. construction spending in July climbed to its highest level in more than seven years, boosted by an increase in the building of houses, factories and power plants.
- IMF head: Global growth likely to be weaker than expected Updated: Sep-01-15 10:39 am
JAKARTA, Indonesia - Global economic growth is likely to be weaker than earlier expected and will remain at moderate levels, the head of the International Monetary Fund said Tuesday.
- China factory indexes ebb in new sign of economic weakness Updated: Sep-01-15 12:55 am
HONG KONG - Chinese manufacturing showed further signs of weakness in August, adding to evidence of an inexorable slowdown in the world's No. 2 economy despite recent government efforts to support growth.
- Doubts about China's economic leadership sap confidence Updated: Aug-30-15 12:55 pm
WASHINGTON - The fear that gripped financial markets this month is a stark one: That China's economy might be slipping into a decline that could persist for years.
- Brazil recession: GDP plunges 1.9 percent in second quarter Updated: Aug-28-15 8:28 pm
RIO DE JANEIRO - The bottom seems to have fallen out of Brazil's economy, with the government reporting Friday that the gross domestic product plunged 1.9 percent in the second quarter alone, once again throwing the nation into a technical recession.
- Q&A about this week's market turmoil in China and beyond Updated: Aug-28-15 9:04 am
BEIJING - With the Chinese stock market turmoil that incited global panic abated - at least for now - here are some questions and answers about it, as well as lessons to learn:
- Greek economic growth in second quarter revised up Updated: Aug-28-15 6:25 am
ATHENS, Greece - Greece's statistics agency says the country's economy grew slightly faster than earlier forecast in the second quarter of the year.
- The US economy's second quarter went from solid to stellar Updated: Aug-27-15 6:49 pm
WASHINGTON - The U.S. economy staged a far bigger rebound last quarter than first thought, outpacing the rest of the developed world and bolstering confidence that it will remain sturdy in coming months despite global headwinds.
- Philippine economy grew 5.6 pct in the second quarter Updated: Aug-27-15 3:13 am
MANILA, Philippines - The Philippine economy grew by 5.6 percent in the second quarter from a year ago, slightly below the government's target, officials said Thursday.
- China's Xi staying the course despite sliding economy Updated: Aug-26-15 9:22 am
BEIJING - What does China's leadership lose politically as a result of the country's precipitous stock market decline? A bit of international swagger, but probably not much else - for now.
- Budget report sees shrinking deficits, but only for now Updated: Aug-25-15 6:04 pm
WASHINGTON - An unforeseen flood of revenue is shrinking federal deficits to the lowest level of President Barack Obama's tenure, Congress' nonpartisan budget adviser said Tuesday. But in a report that will fuel both parties in their autumn clash over spending, the analysts also warned that perilously high shortfalls will roar back unless lawmakers act.
- China struggles to keep economy on track to 'new normal' Updated: Aug-25-15 4:38 pm
BEIJING - China's slump is shaking the world economy, turning a country long seen as a growth engine into a possible threat.
- China cuts interest rates again to spur economic growth Updated: Aug-25-15 10:22 am
BEIJING - China cut interest rates for a fifth time in nine months Tuesday in a new effort to shore up slowing economic growth, and its top economic official tried to dispel fears its yuan might fall further in value.
- How China's tremors could weaken the world's major economies Updated: Aug-24-15 6:40 pm
WASHINGTON - China is exporting something new to the world economy: Fear.
- AP survey: Dimmer outlook for US economy, wages and hiring Updated: Aug-24-15 2:13 pm
WASHINGTON - For much of the economy's fitful and sluggish six-year recovery from the Great Recession, analysts have foreseen a sunnier future: Growth would pick up in six months, or in a year.