Experts believe a wider spat with Europe would be much more damaging than the current tit-for-tat with China.Traderead more
After the Fed released minutes of its last meeting, the bond market signaled it fears the Fed will not be aggressive enough with its rate cutting.Market Insiderread more
The Fed minutes also note that "a couple" members wanted a 50 basis point cut, based primarily on the weak inflation readings.The Fedread more
Markets pay particular attention to Italy's spending, given its public debt pile. This stands at above 130% of its growth rate, one of the highest in the world.Politicsread more
Flight bookings to Hong Kong have fallen 10%, hit by the unrest in the city, said Alan Joyce, the chief executive of Australian carrier Qantas Airways.Airlinesread more
Analysts generally doubt how effective the People Bank of China's latest interest rate announcement will be in significantly helping businesses grow.China Economyread more
These in-demand skills can command top pay packets, says Feon Ang of professional networking site LinkedIn.Get Aheadread more
Japanese manufacturing activity shrank for a fourth straight month in August as export orders fell at a sharper pace.Asia Marketsread more
The Washington governor had centered his campaign around climate change, calling it "the most urgent challenge of our time."Politicsread more
The inversion is seen by many veteran traders as an important recession omen, though the timing on the eventual downturn is less predictable.Bondsread more
Here's what Nordstrom reported for its fiscal second-quarter earnings.Retailread more
The Dutch Finance Minister Jeroen Dijsselbloem has told CNBC he takes the downgrade of his country's credit rating by Standard & Poor's seriously, and insisted the country was pushing ahead with economic reforms.
"I take these ratings seriously because the market takes them seriously," he said on Friday, after S&P lowered its credit rating for the Netherlands to "AA plus" from "AAA."
"It just confirms the need for us to push forward some of these reforms so that we can get bigger and better growth figures," he added.
The credit rating agency said the country's economic growth prospects were weaker than anticipated, but maintained its outlook for the country at stable.
Two other ratings agencies - Moody's and Fitch - had only recently affirmed their AAA ratings for the Netherlands, Dijsselbloem stressed.
S&P forecast that the country's gross domestic product (GDP) would contract by 1.2 percent in 2013, before growing by 0.5 percent in 2014.
(Read more: 'Abysmal' Dutch economy threatens euro zone recovery)
These forecasts are in line with the predictions of the Dutch government, Dijsselbloem said, but added: "0.5 percent is not strong enough and is exactly why we're working on a program of reforms."
The Dutch government was "dealing with a number of structural issues in our economy such as the labor market, housing market, and pensions, and these are the main factors that are holding back our economic recovery," he said.
His comments come amid concerns about the housing market in the Netherlands, with some analysts saying a severe housing correction would further dampen consumer spending and extend the country's recession.
"We are changing our policy, especially on a tax reduction in the housing market... We are expecting the housing market to start picking up as of next year, and a lot of households have been able to make down payments on their mortgages over the last couple of years," Dijsselbloem added.
(Read more: Debt-crippled Dutch wake up to housing crash)