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  • Forging a common front and encouraging bolder rhetoric against Chinese assertiveness in the South China Sea, however, will be a challenge among the diverse collection of VIP guests, who did not criticize China by name in past joint summit statements as the disputes flared on and off in recent years. Only four of its 10 member states are locked in the disputes with...

  • NEW YORK— Wall Street is hurting, and Main Street doesn't care. It's an about-face from the early years of the economic recovery, which began in 2009, when stocks and big banks were soaring but many on Main Street felt like they were getting left behind. The divergence underway between Main Street and Wall Street highlights the difference between the U.S. stock...

  • But a nation not invited— neighboring power China— will be the proverbial elephant in the room as the leaders grapple with sensitive territorial disputes. U.S. officials say the two-day summit at the Sunnylands estate is not directed against China, a strategic rival of the U.S. China says it has a historical right to virtually all of the South China Sea and has...

  • DIARY-Top Economic Events to Feb 27 Friday, 12 Feb 2016 | 7:01 PM ET

    BRUSSELS- European Central Bank President Mario Draghi speaks at the European Parliament- 1400 GMT. TUESDAY, FEBRUARY 16 WASHINGTON- Minneapolis Federal Reserve Bank President Kashkari speaks at Brookings Institution- 1530 GMT. NEWARK- Federal Reserve Bank of Philadelphia President Patrick Harker speaks on the economic outlook before the 2016 Economic...

  • Was that really the bottom? We'll see this week Friday, 12 Feb 2016 | 6:53 PM ET
    Traders work on the floor of the New York Stock Exchange.

    After a rip-roaring week, Wall Street should be in better spirits when it gets back to work Tuesday.

  • SEOUL, Feb 12- South Korea and the United States are expected to begin talks next week on possible deployment of an advanced U.S. missile defence system following North Korea's recent rocket launch, officials said on Friday, as Seoul cut power to a factory park run jointly with the North. The discussions would focus on placing one Terminal High Altitude Area...

  • London, Feb 12- Copper gained on Friday along with oil and shares after upbeat U.S. data offered hope of a rebound in economic growth, but metals investors were on edge ahead of the reopening of Chinese markets next week. Federal Reserve raising interest rates despite signs of an economic slowdown in the United States. However, Fed Chair Janet Yellen on Thursday...

  • Feb 12- Now markets have delivered their verdict on inflation- it's not picking up any time soon- economic data due next week will show whether price pressures are rising meaningfully or falling back in some of the world's major economies. Sweden's Riksbank also slashed its repo rate to -0.50 percent on Thursday, partly as insurance against expectations that...

  • 3 main concerns impacting markets: Pro Friday, 12 Feb 2016 | 7:08 AM ET
    3 main concerns impacting markets: Pro

    Mark Grant, Hilltop Securities, analyzes the economic issues impacting U.S. markets and suggests the best move for the Fed is to leave rates unchanged.

  • Pollution chokes the Chinese economy Friday, 12 Feb 2016 | 7:00 AM ET
    Pollution chokes the Chinese economy

    Air pollution drives down productivity and damage crops.

  • Deutsche Bank calls China bank crisis 'unlikely' Friday, 12 Feb 2016 | 6:52 AM ET
    Deutsche Bank calls China bank crisis 'unlikely'

    The firm believes crisis claims are exaggerated.

  • *Traders wait for China to reopen with nervousness. London, Feb 12- The price of copper rose on Friday along with oil and European shares on expectations of dovish comments from a senior U.S. Benchmark copper on the London Metal Exchange was trading up 0.7 percent at $4,478 a tonne at 1117 GMT but is on track for its biggest weekly drop in a month.

  • LONDON, Feb 12- The yen was firm on Friday, on track for its biggest weekly rise against the dollar since late 2008, as deepening worries about global growth and whether policymakers have enough ammunition to respond to it underpinned flows into safe-haven currencies. Japanese officials stepped up their attempts to talk the yen down, with Finance Minister Taro...

  • A China bank crisis? Not so fast, Deutsche Bank says Friday, 12 Feb 2016 | 3:35 AM ET
    A customer holds a 100 Yuan note at a market in Beijing.

    Hedge fund manager Kyle Bass' call for an imminent China banking crisis is already getting push-back, with Deutsche Bank calling it unlikely and exaggerated.

  • China must manage debt bubble to avoid new crisis Friday, 12 Feb 2016 | 3:01 AM ET

    The adjustment path of the emerging market debt bubble mainly hinges on what happens in the state-controlled part of the Chinese economy.

  • US stocks open higher as oil rebounds, banks rise Friday, 12 Feb 2016 | 1:41 AM ET

    TOKYO— European stocks rose Friday, shrugging off a bad day in Asia, as the sell-off in banking shares abated and oil prices rebounded from a 12- year low. Germany's DAX was up 1.4 percent at 8,873.93 and Britain's FTSE 100 rose 1.7 percent to 5,631.27. Shares in Germany's Commerzbank AG jumped 17 percent after it announced its first dividend since 2007 and upbeat...

  • SEOUL, South Korea— The closure of a factory park in North Korea jointly run by both Koreas has robbed the impoverished North of a rare source of legitimate hard currency. The bank has been publishing estimates of North Korea's economy since 1991. The Bank of Korea said North Korea's combined imports and exports that year were about $9.9 billion, including $2.4...

  • A-shares to be hit by global sell-off? Friday, 12 Feb 2016 | 1:00 AM ET
    China H-Shares

    China's market is likely to follow the trend but to a lesser degree, says Daniel So, strategist at CMB International Securities.

  • Paulson: We're not facing another financial crisis Thursday, 11 Feb 2016 | 11:37 PM ET
    John Pauslon

    The U.S. is not facing another financial crisis and the market's overreaction could be a value opportunity, hedge fund manager John Paulson says.

  • FOREX-Dollar on track for steep weekly losses Thursday, 11 Feb 2016 | 10:50 PM ET

    *Rapid drop vs yen leads to speculation of Japan intervention. TOKYO, Feb 12- The dollar nursed losses on Friday that have put it on course for steep weekly drops against major currencies, with many investors favouring the perceived safe-haven appeal of the yen amid sinking global markets. Japanese Finance Minister Taro Aso adopted stronger rhetoric, saying...