GDP

Stock Market

Stock markets expected to be under 4% annual growth

The slowdown in economic growth in major economies is expected to keep the stock markets under four percent annual growth in the near future. The second half of 2015 is expected to be sluggish following the bleak economy outlook for the US, EU and China.

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Consumer

Weak U.S. retail sales hint at slower economic growth

U.S. retail sales unexpectedly fell in June as households cut back on purchases of automobiles and a range of other goods, raising concerns the economy was slowing again.

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Stock index

China stocks slide despite calming efforts

China's stock markets closed sharply lower on Monday after a frantically volatile day of trading, despite surprise monetary easing moves by the central bank at the weekend.

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People's Bank of China

China central bank eases policy again to support economy

China's central bank cut lending rates for the fourth time since November and trimmed the amount of cash that some banks must hold as reserves, stepping up efforts to support an economy that is headed for its poorest performance in a quarter century.

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Greek and EU flags

Greek drama nears final act, ending uncertain

Euro zone leaders will attend an emergency summit on Monday, hoping to thrash out a plan with Athens to provide Greece with additional funds to prevent it defaulting on its debt -- but only if both sides play ball.

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Container area

Japan export slowdown could weigh on second-quarter GDP growth

Japan's export growth slowed for a second straight month in May, with weak external demand now threatening to erode economic growth in the current quarter.

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Construction site

U.S. building permits near eight-year high; starts pull back

U.S. permits for future home construction surged to a near eight-year high in May, suggesting a building up of momentum in housing and the broader economy after a dismal performance at the start of the year.

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Pumpjack

A year after the crash, oil markets risk more trouble ahead

A year on from the start of one of the biggest oil price crashes in history, the driving force behind the slide remains intact: there is still too much crude.

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Hong Kong-Zhuhai-Macao Bridge

In China's Pearl River Delta, HSBC faces a risky voyage

Every day hundreds of garment traders alight at the newly-built Humen station to ply their wares in the southern Chinese city of Dongguan, arriving on high speed trains that whoosh through the terminal every ten minutes.

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China

China vehicle sales fall again in May, showing weakness

Vehicle sales in China fell for a second straight month in May, the first such consecutive drop since late 2011, highlighting the weakness in the world's second biggest economy.

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Sea port

CEOs temper U.S. economic growth outlook for 2015: survey

U.S. chief executive officers have become a bit more pessimistic in their outlook for the American economy in 2015 and fewer of them expect to increase sales, investment and hiring this year, a quarterly business group survey said on Monday.

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Moscow

Russia's Economy Minister says GDP to shrink 2.5-2.8 percent in 2015: RIA

Russia's Economy Ministry expects gross domestic product to shrink by 2.5-2.8 percent in 2015, Economy Minister Alexei Ulyukayev said on Saturday, according to RIA news agency.

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Job fair

Robust U.S. jobs report boosts chances of Sept Fed rate hike

U.S. job growth accelerated sharply in May and wages picked up, signs of strong momentum in the economy that bolster prospects for a Federal Reserve interest rate hike in September.

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Factory worker

Chinese economy faces more pain than gain this year

China's economic growth, already at its slowest in decades, will get worse before it gets better, as economists say it will take time before liberalizing reforms turn net positive, and Beijing needs to bite more such bullets for a sustainable turnaround.

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Healthcare

Fund managers boost bets on health care even amid high prices

Last July, when Federal Reserve Chair Janet Yellen spurred a sell-off in healthcare stocks by saying that valuations in shares of biotech companies looked "stretched," portfolio manager Graham Tanaka saw an opportunity.

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