Global economy is probably in recession
By John Kemp The global economy is probably in recession, with most cyclical indicators showing business activity is flat or falling. Recessions become obvious only once...
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G20 a success for China, but hard issues kicked down the road
China is lauding its successful hosting of the G20 summit in scenic Hangzhou, with open confrontation largely avoided and broad consensus reached over the fragile...
Fed’s Yellen says case for interest rate hike has strengthened
The case for a US interest rate hike has strengthened in recent months because of improvements in the labour market and expectations for solid economic...
World stocks in freefall as UK votes for EU exit
World stocks headed for one the biggest slumps on record on Friday as a decision by Britain to leave the European Union triggered 8 per...
Brexit would be serious risk to global economic growth – G7 leaders
A British exit from the European Union would be a serious risk to global economic growth, Group of Seven leaders said in a summit declaration...
IMF says ‘very real’ Brexit risk could deal blow to world economy
By David Milliken Britain could deal a damaging blow to the fragile global economy if it votes to leave the European Union, the International Monetary...
Fed holds steady, eyes two rate hikes this year
By Howard Schneider and Lindsay Dunsmuir The Federal Reserve held interest rates steady on Wednesday and indicated that moderate US economic growth and “strong job...
G20 to say world needs to look beyond ultra-easy policy for growth
The world’s top economies are set to declare on Saturday that they need to look beyond ultra-low interest rates and printing money if the global...
Yellen: Fed not likely to reverse course on rates despite risks
By Howard Schneider and Lindsay Dunsmuir Tightening financial conditions and uncertainty over China pose risks to the US recovery, but chances are slim the Federal...
US economy hits soft patch in Q4 as inventories, trade weigh
By Lucia Mutikani US economic growth braked sharply in the fourth quarter as businesses stepped up efforts to reduce an inventory glut and a strong...
Desperate in Davos: policymakers struggle for answers
By Noah Barkin Angela Merkel was missing from Davos this year, but the German leader’s optimistic mantra ‘we can do this’ echoed through the snowy...
As leaders chill in Davos, emerging economies going downhill fast
By Sujata Rao More than a trillion dollars of investment flows has fled emerging markets over the past 18 months but the exodus may not...
IEA says oil market may ‘drown in oversupply’ in 2016
By Amanda Cooper Unseasonably warm weather and rising supply will keep the crude oil market oversupplied until at least late 2016 and could push the...
China Q4 growth weakest since 2009 as policy misstep fears grow
By Kevin Yao and Xiaoyi Shao China’s economic growth in the fourth quarter slowed to the weakest since the financial crisis, adding pressure on a...
Fed seen holding rates steady as investor skepticism swirls
By Lindsay Dunsmuir and Jason Lange The Federal Reserve is expected to keep interest rates unchanged on Wednesday and may struggle to convince sceptical investors...
Global economy worries prompt Fed to hold rates steady
By Howard Schneider and Ann Saphir The US Federal Reserve kept interest rates unchanged on Thursday in a bow to worries about the global economy,...
Oil sinks to four-year low below $83 as economic worries mount
By Alex Lawler Oil fell more than $1 a barrel on Thursday to a four-year low below $83 a barrel as growing concerns over the...
At G20, Europe finds some space to breathe on economy
By Luke Baker For the first time in at least three years, European leaders have found themselves out of the economic firing line at a...