Chinese industry faced a grim situation, as the global financial crisis would have a deep impact on the industrial and information technology sectors, a senior official warned on Wednesday.
THE United States has entered a recession, the head of the San Francisco branch of the Federal Reserve, the nation's central bank, said on Tuesday...
The leaders said they want to allow banks to keep some assets valued as if they'd be held until maturity, instead of having to review their value each quarter...
BEIJING, Nov 20 - U.S. pressure on China to raise the value of its currency amounts to Washington abdicating responsibility for ballooning deficits and would impede global economic recovery, an official Chinese newspaper said on...
* Falling dollar not always inflationary, Fisher says * Dollar just correcting to pre-crisis levels, Plosser says * Contracting prices still an imminent threat HONG KONG/SINGAPORE, Nov 19 - Federal Reserve officials on Thursday downplayed...
OTTAWA, Nov 18 - Top finance officials from the G7 countries will meet in the remote Arctic town of Iqaluit on Feb 5-6 but may not issue a communique, Finance Minister Jim Flaherty said on...
RICHMOND, Va., Nov 17 - Top Federal Reserve officials on Tuesday struck differing notes on the likely pace of the U.S. economic recovery and one warned that pockets...
BEIJING, Nov 16 - The safeguard provision that China agreed to as a condition for joining the World Trade Organisation in 2001 should be enforced, U.S. trade officials said on Monday, despite Chinese pressure for...
* China, U.S. spar over currencies and trade - official * Washington under fire over trade protectionism * Consensus on two-step approach to climate change talks * Myanmar PM to be in meeting of ASEAN...
* Mid-2010 wrap up preferable to the end of next year * Prompt action by U.S. Congress vital to earlier deal * UN official sees key details resolved in Copenhagen WASHINGTON, Nov 12 - World...