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  • China Could be Moving Toward Stronger Yuan: EU Wednesday, 28 Nov 2007 | 8:37 AM ET
    EU Trade Commissioner Peter Mandelson (AP Photo/Elizabeth Dalziel)

    China could be moving in the direction advocated by Europe of a stronger yuan, European officials said. The ECB and the People's Bank of China would set up a working group at once to examine currency issues.

  • China, Euro Zone to Work on Currencies, Trade Tuesday, 27 Nov 2007 | 7:04 AM ET

    China and the 13 countries using the single European currency agreed on Tuesday to cooperate to reduce global economic imbalances while heading off lurches in exchange rates.

  • Happy Holidays? Recession Worries Are On the Rise Monday, 26 Nov 2007 | 6:26 PM ET
    Foreclosured Home

    A parade of economic data in the next couple weeks will tell volumes about the economy and the Fed’s chances for achieving a soft landing.

  • Sarkozy Turns Up Pressure on China Over Yuan Monday, 26 Nov 2007 | 10:03 AM ET

    French President Nicolas Sarkozy called publicly on Chinese President Hu Jintao to let the yuan rise more swiftly against the euro.

  • Sarkozy Touts for Deals in China Debut Thursday, 22 Nov 2007 | 11:58 PM ET

    French President Nicolas Sarkozy visits China next week, hoping to capture billions of dollars in energy and aviation deals while taking a tough stand on global currency turmoil.

  • China Places Fresh Curbs on Investing to Slow Growth Wednesday, 21 Nov 2007 | 12:16 AM ET

    China will clamp down on new investment projects to help keep growth in the world's fourth-largest economy on an even keel, the government said on Wednesday.

  • Japan Trade Surplus Jumps But Worries Over US Tuesday, 20 Nov 2007 | 9:20 PM ET
    Shipping containers lay stacked on a cargo ship docked at the Ensenada International Terminal port facility on Wednesday, March 8, 2006 in Ensenada, Mexico. In March 2005, the facility acquired two additional cargo cranes, seen in the background, bringing the total to four. Mexico and some of the world's largest retailers and shipping interests are bolstering Pacific ports south of the border, hoping to catch future runoff as an increasing tide of Asian cargo sails toward already clogged ports i

    Japan's exports hit a record high in October and the trade surplus jumped by two-thirds from a year earlier, though the increase was slightly less than forecast, raising concerns that a slowing U.S. economy will hurt Japan's export-led growth.

  • China's Industrial Output Eases, but Still Strong Wednesday, 14 Nov 2007 | 11:21 PM ET
    China Trade

    China's industrial production slowed more than expected in October under the weight of government tightening measures, but growth was still by far the strongest of any major economy.

  • China October Retail Sales Rise a Record 18.1% Wednesday, 14 Nov 2007 | 12:13 AM ET

    Soaring food costs drove up China's inflation in October, reinforcing expectations that the Chinese retail sales jumped 18.1 percent in October from a year earlier, the fastest pace on record, propelled by rising incomes, accelerating inflation and windfall gains from the surging stock market.

  • Beijing Readies New Airport Terminal Tuesday, 13 Nov 2007 | 2:01 PM ET

    The 986,000 square meter terminal is a crucial addition to the overstrained airport ahead of the Beijing Olympics next August. The airport has a design capacity of 35 million passengers but last year handled 48.7 million.

  • Beijing Games 2008 -- Game For The Games Tuesday, 13 Nov 2007 | 2:00 PM ET

    Athletes and companies alike are looking forward to the opportunity to shine under the spotlight in what will be a special event in the history of the Olympic games.

  • Japan's Economy Grows, But BOJ Holds Rates Tuesday, 13 Nov 2007 | 6:20 AM ET
    Shipping containers lay stacked on a cargo ship docked at the Ensenada International Terminal port facility on Wednesday, March 8, 2006 in Ensenada, Mexico. In March 2005, the facility acquired two additional cargo cranes, seen in the background, bringing the total to four. Mexico and some of the world's largest retailers and shipping interests are bolstering Pacific ports south of the border, hoping to catch future runoff as an increasing tide of Asian cargo sails toward already clogged ports i

    Japan's economy grew faster than expected in the third quarter, but the Bank of Japan kept interest rates on hold in the face of market turmoil that has sent both stocks and the dollar sliding.

  • Chinese Consumer Inflation Rebounds in October Monday, 12 Nov 2007 | 10:44 PM ET
    Investors track stock prices, China

    Soaring food costs drove up China's inflation in October, reinforcing expectations that the central bank will raise interest rates again before long to keep a lid on price pressures. Consumer price inflation quickened to 6.5 percent in October, matching the near 11-year peak scaled in August, from 6.2 percent in September.

  • China Trade Surplus Hits Record, But Imports Strong Monday, 12 Nov 2007 | 1:30 AM ET
    Loaded cargo ships carrying imported goods are anchored off the coast of the ports of Los Angeles and Long Beach, Calif., Monday, Oct. 11, 2004, waiting for the opportunity to be off-loaded at the docks. The U.S. trade deficit, propelled by a record foreign oil bill, surged to $54 billion in August, the second highest level in history. (AP Photo/Reed Saxon)

    China on Monday posted a record trade surplus for October, but the total was smaller than expected, as climbing raw material costs and strengthening domestic demand gave a boost to imports.

  • Japan Wholesale Prices Rise; View on BOJ Unchanged Sunday, 11 Nov 2007 | 10:16 PM ET

    Japanese wholesale prices rose slightly more than expected in October from a year earlier on rising oil prices, but investors, preoccupied with global markets, stuck to the view that the Bank of Japan will wait until next year to lift rates.

  • House Approves Bush Trade Pact With Peru Thursday, 8 Nov 2007 | 11:50 AM ET

    The House on Thursday passed a free trade pact with Peru, bringing President Bush to the brink of his first trade victory since Democrats took control of Congress.

  • Japan's Machine Orders Seen Rising but Rates on Hold Wednesday, 7 Nov 2007 | 9:35 PM ET

    Japanese machinery orders rose in the July-September period and are forecast to keep going this quarter, supporting the growth outlook for the economy, but financial market turmoil looks set to keep a lid on interest rates for the next few months.

  • Strong Dollar, Weak Dollar: Which is Best? Tuesday, 6 Nov 2007 | 1:17 PM ET

    The dollar, which is hitting new lows against the Euro and other currencies today, is sparking considerable debate. Gold and oil are hitting new highs, partly on the dollar's weakness. The weak dollar has been a big help to U.S. exports and definitely helped corporate earnings of U.S. multinationals. That is the standard line, and it's true.

  • BOJ Keeps Rates on Hold, Seen Trimming Forecasts Wednesday, 31 Oct 2007 | 1:30 AM ET

    The Bank of Japan left its policy rate unchanged at 0.5 percent on Wednesday, as widely expected, reflecting caution among central bankers over market uncertainty and the economic fallout from U.S. subprime woes.

  • Japan's September Jobless Rate, Spending Rises Monday, 29 Oct 2007 | 10:31 PM ET

    Unemployment in Japan rose to 4.0 percent last month, reinforcing expectations the Bank of Japan will delay its next rate rise, but household spending jumped.