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  • BEIJING, Oct 21- China's economic growth slowed in the third quarter to its weakest since the 2008/ 09 global financial crisis as a slumping property market dragged on manufacturing and investment, adding to concerns about flagging global growth. The weaker gross domestic product figure fed speculation that China will miss its official full-year growth...

  • China says its economic growth still reasonable Monday, 20 Oct 2014 | 10:36 PM ET

    BEIJING, Oct 21- China's economic slowdown in the third quarter was due to structural reforms in the nation, a sagging housing market and higher comparison figures from a year ago, the statistics agency said, but noted that growth stayed in a "reasonable range". Sheng Laiyun, spokesman of the National Bureau of Statistics, also said consumption contributed to 48.5...

  • BEIJING, Oct 21- China's economic growth cooled to 7.3 percent between July and September from a year earlier, the weakest expansion since the global financial crisis and reinforcing expectations that Beijing will need to roll out more stimulus to avert a sharper slowdown. A raft of lacklustre and at times alarming economic data in recent months presaged...

  • China economy grows at slowest pace in 5 years Monday, 20 Oct 2014 | 10:09 PM ET

    BEIJING— China's economic growth waned to 7.3 percent last quarter, the lowest rate since early 2009, resuming a slowdown that had been eased by mini-stimulus measures earlier in the year. The International Monetary Fund said in July that China should lower its growth target to no more than 7 percent for next year, but some analysts expect an even deeper decline,...

  • LONDON, Oct 19- Evaporating inflation and slowing growth have put financial markets into such a spin that they could inflict further damage on the world economy. With the Fed set to turn off its money taps at the end of this month, investors appear to have woken up to poor growth prospects in much of the world, something International Monetary Fund chief Christine...

  • India fuel reform puts diesel under market control Sunday, 19 Oct 2014 | 4:29 AM ET

    NEW DELHI— India freed diesel prices from government control Sunday while raising natural gas tariffs in the biggest-yet reform by Prime Minister Narendra Modi's government, as it aims to boost the country's economy and overhaul its energy sector. The decision on diesel targets one of India's costliest subsidies for one of the world's dirtiest fuels.

  • Long-term investors ready to buy Brazil after election Friday, 17 Oct 2014 | 10:35 AM ET

    RIO DE JANEIRO/ SAO PAULO, Oct 17- Long-term foreign investors are growing more optimistic about Brazil no matter who wins this month's presidential election but they say an opposition victory could unleash a flood of new money. Rousseff's economic policies have been roundly criticized by investors for tipping Brazil into a recession while damaging...

  • SHANGHAI, Oct 17- China shares closed lower on Friday to post their biggest weekly loss in four months, hit by worries over the slowing economy and an expected tightening of liquidity ahead of several new share offerings. The Shanghai Composite Index finished down 0.6 percent at 2,341.43 points. The CSI300 of the leading Shanghai and Shenzhen A-share listings...

  • MSCI's broadest index of Asia-Pacific shares outside Japan dipped 0.2 percent, on course to log its sixth straight week of losses with a fall of 0.9 percent so far this week. Germany's DAX is seen starting up to 0.1 percent higher while France's CAC 40 could be 0.3 percent and Britain's FTSE 0.2 percent. A possible recession in Europe, a floundering economy in...

  • *Hong Kong rebounds, cheered by casinos. SHANGHAI, Oct 17- China shares fell by midday on Friday, on track for their biggest weekly decline in four months, hit by worries over the economy as well as expected tightness in liquidity ahead of a slew of new share offerings. Hong Kong shares rebounded slightly, tracking a recovery in global markets, as casino stocks gained...

  • China's yuan eases, loses 0.1 pct on week Friday, 17 Oct 2014 | 12:29 AM ET

    SHANGHAI, Oct 17- China's yuan edged down slightly against dollar on Friday, pushed lower by corporate demand for dollars and after the central bank set a weaker midpoint, traders said. "Chinese companies and banks are more inclined to keep more dollars on hand of late due to concerns over China's economic outlook," said a trader at an Asian bank in Shanghai. China's...

  • India names US-based economist economic adviser Thursday, 16 Oct 2014 | 1:11 PM ET

    NEW DELHI— India on Thursday appointed US-based economist Arvind Subramanian as the country's chief economic adviser. India also appointed a new finance secretary, the top bureaucrat in the country's finance ministry Thursday. The Bharatiya Janata Party, led by its popular leader Narendra Modi, won national elections by the largest mandate India has seen in...

  • *Faltering euro zone economy, slower growth in China pose biggest risks. Indeed, the biggest danger for the world economy in the coming year is deflation or another recession in the euro zone, followed closely by the risk of slower growth in China, according to polls conducted globally over the past week. "Especially, the recent weakening of growth in emerging...

  • *Ireland to lead peripheral economies. Oct 16- It is still unclear whether the European Central Bank's stimulus measures will have a material impact on inflation, according to economists in a Reuters poll, who said sovereign debt purchases could help boost the euro zone economy. The currency bloc is stuck in a quagmire of weak growth and falling inflation with...

  • India PM announces overhaul of archaic labor laws Thursday, 16 Oct 2014 | 7:26 AM ET

    NEW DELHI— Indian Prime Minister Narendra Modi announced a series of labor reforms on Thursday aimed at transforming Asia's third-largest economy into an international manufacturing hub. India's labor laws, many written when India was a British colony, strictly regulate hiring and firing of employees and require large amounts of paperwork which often...

  • LONDON, Oct 16- Copper prices plunged to their lowest levels in six months on Thursday, pressured by concerns about the outlook for global economic growth and caution about stimulus measures from the United States coming to an end. Three-month copper on the London Metal Exchange fell 1.1 percent to $6.568 a tonne at 0956 GMT, having earlier fallen to $6,558, its...

  • SHANGHAI, Oct 16- Hong Kong shares finished lower on Thursday on worries over slowing global growth prompted by a slew of weak U.S. economic data, but losses were limited by a more positive outlook on China. The Hang Seng Index closed down 1.0 percent at 22,900.94 points, with the China Enterprises Index of the leading offshore Chinese listings in Hong Kong also...

  • Falling oil prices shake up global economies Thursday, 16 Oct 2014 | 3:02 AM ET

    The global price of oil closed at $84.47 per barrel Thursday, down about $31, or 27 percent, from its high point for the year. "The problem is that countries get accustomed to a certain level of income, and then spend," says Edward Chow, a senior fellow at the Center for Strategic and International Studies. Increased production in the U.S., Canada, Iraq and elsewhere made up...

  • *Hong Kong falls on weaker overseas markets. The CSI300 of the leading Shanghai and Shenzhen A-share listings also gained 0.6 percent. Du Changchun, Shanghai- based analyst at Northeast Securities, said China's stock market tended to track the overseas market in the first hour of trading, before adjusting to reflect domestic factors.

  • *Shanghai zinc drops 3 pct as short selling heats up. SYDNEY, Oct 16- London copper held its ground on Thursday after logging its biggest daily fall in six months the session before, with mounting concerns over global growth stoking selling across other metals. "Talk of stimulus programmes suggests that there is a realisation that without these measures, we could...