Date: January 15, 2018 Asia.: China absence looms over Canada meeting on how to pressure North Korea Foreign ministers from around 20 nations gather on Tuesday to discuss how to curb North Korea’s nuclear ambitions through diplomatic and financial pressure, but China, seen as a key player in any long-term solution, will be absent. The
Asia.: China Rethink on Treasuries Is Echo of Premier's 2009 Worry China’s showing once again that it’s not afraid to wield the clout of its hoard of Treasuries to catch the attention of U.S. officials and the world’s biggest debt market. But as in a previous episode in 2009, such warnings may prove hollow. Senior
Asia.: China Rethink on Treasuries Is Echo of Premier's 2009 Worry China’s showing once again that it’s not afraid to wield the clout of its hoard of Treasuries to catch the attention of U.S. officials and the world’s biggest debt market. But as in a previous episode in 2009, such warnings may prove hollow. Senior
Asia.: China Weighs Slowing or Halting Purchases of U.S. Treasuries China added to bond investors’ jitters on Wednesday as traders braced for what they feared could be the end of a three-decade bull market. Officials in Beijing reviewing the nation’s foreign-exchange holdings have recommended slowing or halting purchases of U.S. Treasuries, according to people familiar
Europe: Euro-Area Jobless Rate Drops to Lowest Level in Almost 9 Years Joblessness in the euro area declined to the lowest level since early 2009 last month as the labor market continued to benefit from a resurgent economy growing the fastest in a decade. The unemployment rate dropped to 8.7 percent in November from 8.8
Europe: Euro-Area Economic Confidence Soars to Nearly Two-Decade High Confidence in the euro area continued its advance at the end of 2017, capping what was probably the strongest year for the economy in a decade. The European Commission’s measure of sentiment touched its highest since late 2000 in December. The reading of 116 was above
Asia: India Sees Slowest Growth Since '14 as New Tax Roils Economy India forecast its economy will expand at the slowest pace since Prime Minister Narendra Modi came to power in 2014, as a chaotic roll out of a new sales tax roiled supply chains and weakened demand. Gross domestic product will grow 6.5 percent
Europe: Euro-Area Activity Accelerates to Fastest Pace Since Early 2011 Economic activity in the euro-area accelerated to the fastest pace in almost seven years as services surged while factories benefited from booming domestic demand and near-record growth in export orders. A composite Purchasing Managers’ Index for manufacturing and services rose to 58.1 in December from
Europe: Germany's Jobless Rate Drops to Record Low as Economy Booms Germany’s unemployment rate fell to a record low as the number of people out of work slid for a sixth month, reflecting a boom in Europe’s largest economy that could push up wages and inflation. The jobless rate was 5.5 percent in December, and
Europe: Euro zone factory growth surges to record; more uneven in Asia Euro zone factories ended 2017 growing at their fastest pace in more than two decades while performance in Asia was more uneven, with its third-largest economy India leading the field and manufacturing giant China unexpectedly resilient. With a similar business survey covering the
