Economy, Global Economy | featured news

The European Commission on Monday outlined the potential new measures it is considering to ensure that short-selling of stocks and bonds doesn't destabilize financial markets or national economies.

The pace of China's factory output eased last month as gradual policy tightening took a toll on new orders, suggesting to some economists that Beijing will take its time before nudging interest rates higher.

Fitch cut Spain’s credit rating, saying that the country’s debt will probably weigh on the country’s growth.

Shares rose as Chinese officials said Europe would remain one of their most important markets for investment.

A raft of monthly economic data early next week could show that China's growth momentum is starting to peak, some economists say, as the impact of stimulus spending wears off and Beijing steps up its efforts to rein in property speculation and other excesses.

Stocks are plunging as investors give in to fears that Greece's debt problems will spread and halt the global economic recovery.

Greece reached agreement with the European Union and the International Monetary Fund on rescue loans to keep Athens from defaulting on its debts, a deal that will impose harsh cuts on the county's 11 million people for years.

Hundreds of thousands of people joined May Day rallies across Europe on Saturday, many protesting against government austerity policies in the wake of the global financial crisis.

Would an increase in Chinese domestic demand meaningfully reduce global imbalances and improve U.S. and European employment prospects?

Financial leaders, with a nervous eye on Greece, pledged on Saturday to address the risks posed to the global recovery from high government debt....