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"If I look at the global economy as it stands at the moment...we have a situation where growth is a little bit tepid," Lagarde said.
Chinese stocks rebounded on Wednesday, taking the lead in a broader recovery in Asian markets.
Retail sales in the world's third-largest economy rose an annual 0.9 percent in June, beating expectations but still slowing sharply from May.
Three of India's leading state-run lenders reported a drop in their first quarter net profits, weighed down by rise in provision for bad loans.
Consumers in Southeast Asia remain the most upbeat globally, but external and domestic fears may be dampening their optimism, according to Nielsen.
The ripple effects from China's market drama is being felt far and wide. Among the hardest hit: emerging markets currencies.
Investors throughout China are waiting for the government to step in and buy stocks, but many are losing hope.
The countdown to the Trans-Pacific Partnership has begun, with a July 31 deadline looming on the trade deal that covers 40% of the global economy.
The recent gyrations in China's stock market will have limited direct impact on global investors.
Baidu CEO Robin Li sees lots of investment opportunities in the Chinese economy.
General Motors is investing $5 billion in a new family of vehicles targeting many of the world's fastest-growing emerging auto markets.
Investors shouldn't be surprised by the rapid bear market that developed in China. That's because the market spends most of its time in a bear market.
BOJ is taking advantage of a gradual rise in food prices, from yogurt and ketchup to "gyudon" beef rice bowls - once a symbol of Japanese deflation.
The plummet in Chinese stocks may not directly harm the country's real economy, but it could have wide-ranging effects.
South Korea declared it is effectively out of danger from MERS, more than two months after the first case was reported and after the death of 36 people.
"Few assets offer the combination of relatively modest risk and high returns as U.S. real estate," a Zillow researcher says.
The Chinese stock market is moved by retail investors, and behaves much differently than other major markets. Here's a look.
There's still a lot going for Chinese stocks, it's just a case of biding time until battered equities find a floor, analysts tell CNBC.
China's central bank said on Tuesday that it will use various monetary tools to maintain appropriate levels of liquidity in the year's second half.
China's securities regulator said that it had launched an investigation into Monday's selloff on the country's stock markets.
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CNBC's Julia Chatterly speaks with Mario Centano, Portugal's Finance Minister, about the new government and the euro area finance ministers meeting.
Simon Warner, head of fixed income at AMP Capital, explains why contingent convertible (CoCo) bonds are very risky.
China's market is likely to follow the trend but to a lesser degree, says Daniel So, strategist at CMB International Securities.