Top leadership likely to approve an expansion of China’s nascent local-government debt market when they meet in November to discuss deepening economic reform, but how large a step will they be prepared to take?
Top leadership likely to approve an expansion of China’s nascent local-government debt market when they meet in November to discuss deepening economic reform, but how large a step will they be prepared to take?
The political fight over the U.S. government’s budget and debt ceiling looks likely to delay the U.S. Fed’s start to winding down its massive stimulus program well into the New Year.
The growing ranks of the global middle class are getting steadily richer, and will likely drive global wealth creation over the next five years.
Maintaining financial stability along with maximum employment and price stability makes monetary policy more complex and communicating it even more so.
The end of the six-year joint venture between Walmart and its Indian partner Sunil Mittal’s Bharti Enterprises suggests multinational retailers will have to take a new approach to India’s retail market.
The yield curve on U.S. Treasuries has inverted at the short end.
Donald Marron, director of Economic Policy Initiatives at the Urban Institute and a former member of the President’s Council of Economic Advisors, believes Janet Yellen’s nomination is a vote for continuity.
The slowdown of emerging economies is at the root of the Fund’s latest downgrades to its forecasts for global growth.
The flop of the sports-car maker’s Cygnet city car shows that luxury manufacturers wanting to spread their wings still have to keep the essence of their brand.
China’s president promotes APEC as lead-coordinator of Asia-Pacific free trade agreements in the absence of U.S. President Obama to press the case for the U.S.-led Trans-Pacific Partnership.