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Business 04 Apr 2009 | 12:00 AM

No urgency for China to launch new fiscal stimulus

It is still too early to say the Chinese economy has touched bottom, but the government is also in no urgent need to launch any new fiscal stimulus policies, a leading government economist tells i>Reuters/i>.

Business 02 Apr 2009 | 12:00 AM

Exports to enjoy slight growth in third quarter

The outlook for the country's exports continues to be bleak, at least until the third quarter when it may register a slight growth, as battered economies around the world start to pick up the pieces from the worst recession since the 1930s.

World 24 Mar 2009 | 12:00 AM

Obama demands G20 action; UK's Brown touts for support

BERLIN/LONDON (Reuters) - U.S. President Barack Obama urged fellow leaders on Tuesday to agree swift action at a G20 summit next week and Britain's Gordon Brown embarked on a tour seeking international consensus to spur global recovery.

World 24 Mar 2009 | 12:00 AM

Obama demands G20 action; UK's Brown touts for support

BERLIN/LONDON (Reuters) - U.S. President Barack Obama urged fellow leaders on Tuesday to agree swift action at a G20 summit next week and Britain's Gordon Brown embarked on a tour seeking international consensus to spur global recovery.

Business 05 Mar 2009 | 12:00 AM

China’s manufacturing offers glimmer of hope

China's manufacturing downturn showed tentative signs of bottoming out yesterday, offering a rare glimmer of hope for the world economy mired in its worst slump in decades.

Business 03 Mar 2009 | 12:00 AM

Worst month in 12 years for Euro zone manufacturers

Euro zone manufacturers had their worst month in at least 12 years in February as a recession showed no signs of easing and they slashed jobs, a private sector business survey showed yesterday.

Business 14 Feb 2009 | 12:00 AM

China's economy may expand 6.6%, thanks to stimulus package

CHINA's economy is showing signs that a four trillion yuan (US$585bil) stimulus package is taking effect.

Business 07 Feb 2009 | 12:00 AM

Asian economies worsening

Global recession chokes manufacturing output of six major export-driven nations

Business 05 Feb 2009 | 12:00 AM

Chinese manufacturing data showed uptrend in January

Manufacturing data from China yesterday suggested its downturn may be bottoming out, but plunging US auto sales underscored the depth of the recession in the world's biggest economy.

Business 03 Feb 2009 | 12:00 AM

British makers report near-record January weakness

British manufacturers reported some of the weakest conditions ever in January when they cut jobs at a record pace, monthly purchasing managers index data showed on Monday.