Jun 7, 2012 China today dropped its key interest rate by a quarter percent -- the first cut since 2008. The move shows the Chinese government is becoming concerned about the new evidence of a slowdown in the global economy.
Jun 7, 2012 China's central bank this morning surprised global markets by cutting interest rates for the first time since 2008 in an effort to stimulate the slowing economy.
Peter van Dyk
Jun 5, 2012 Russia's President Putin is in China today to meet with Chinese President Hu Jintao about oil, natural gas, and a potential economic investment partnership.
Jun 5, 2012 Today top Chinese officials ordered foreign embassies to stop reporting air pollution levels in China, saying the monitoring by foreigners is illegal.
Jun 4, 2012 Figures coming out of China are showing a slowdown in manufacturing signalling that Western consumers are buying less.
Jun 4, 2012 The interest rate on 10 year government bonds is back up above 1.5 percent and Oil is down to $82 a barrel in New York trading. There are signs of a slowdown in Chinese manufacturing and continual uncertainty about the debt crisis in Europe.
Jun 4, 2012 Stocks are down all over the world this morning as investors have their first chance to react to the Labor Department's May jobs report that came out on Friday. But the negative market sentiment isn't just about jobs.
May 30, 2012 World financial markets have been see-sawing in recent days amid talk China may or may not give an extra stimulus to its economy. China, the world's second largest economy, growth was running near 9 percent last year.
May 29, 2012 China and Japan move to trade each other's currencies directly, without using the U.S. dollar to set the exchange rate. The change is a new step toward a world where the dollar is not last word in global currencies.