Liu Says It’s Too Soon to Talk of China Stimulus Exit

China’s banking regulator said it’s too soon for the government to start winding down stimulus efforts even as growth in the world’s third-largest economy […]

Slovenian Rating at Risk If Economy Slips, Fitch Says

Slovenia’s credit rating, the highest in east Europe, may be downgraded if the worst performing economy in the euro region deteriorates further, Fitch Ratings’ […]

N.Z. Leaves Key Rate at 2.5%, Won’t Rule Out Rate Cut

New Zealand’s central bank kept its benchmark interest rate unchanged and said further cuts remain possible amid expectations the economy faces a slow recovery […]

Australian Economic Growth Accelerates, Points to Rate Increase

Australia’s economic growth unexpectedly accelerated in the second quarter, driving the nation’s currency higher on expectations the central bank will raise borrowing costs from […]

Obama Considers Raising Fees on Large Financial Firms

President Barack Obama’s administration is considering raising fees on larger financial firms to help cover costs of new regulation by an agency set up […]

Becker Says Bernanke May Fail to Curb Inflation During Recovery

Nobel Prize-winning economist Gary Becker said he is concerned that Federal Reserve Chairman Ben S. Bernanke may bend to political pressure and fail to […]

U.S. Economy: Consumer Sentiment Falls on Job Concern

Confidence among U.S. consumers fell in July for the first time in five months as mounting unemployment and stagnant wages shook households.
The Reuters/University […]

Malaysia Says Exports to Bottom Later Than Expected

Malaysia’s exports will recover later than expected and won’t be past the worst for another “couple” of months, Trade Minister Mustapa Mohamed said today. […]

Darling Signals Overhaul of Britain’s Bank Rules May Be Limited

Chancellor of the Exchequer Alistair Darling will say that sharpening the judgment of bank regulators is the way to prevent future banking crises, suggesting […]

California Democrats Seek Tax Increases as Budget Battle Looms

Democrats who control California’s legislature said tax increases are needed to help close a $24 billion deficit, setting up a battle with Republicans that […]