As data showed a recovery in the economy, an economist said the Federal Reserve would most likely stay on its September schedule to start easing its monetary stimulus.
Tags: Economy
China's Communist leadership meets for future changes in economy
President Xi Jinping and other Communist leaders to meet up for the third plenum of China. As the final quarter of 2013 comes around, China's economy has undergone an acceleration in manufacturing and exports creating momentum for the Beijing leadership to be confident on possible policy shifts to be implemented for the next decade.
UAE SMEs to continue hiring pattern for the next six months
In a survey conducted over UAE small and medium enterprises, over 80% would hire more employees in the next six months.
Too big to fail is not a reason anymore
Banking regulators now are empowered to confiscate and break up a financial institution if bankruptcy would only hurt the economy.
Shadow banking precursor to another 'Lehman Weekend'
The 'Lehman Weekend' was the height of the financial crisis five years ago and may be repeated if 'shadow banking' would be allowed to continue without regulatory action.
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The state government of Hong Kong said that the second quarter jobless rate falls within expected estimates.
The Singapore government disclosed plans of improving social programs to alleviate economic strains.
The Bank of Japan (BOJ) would most likely hold on to its present monetary policy as the Japanese economy shows signs of improvement, sources told Reuters.
China's top decision-making body said that it will work to ensure the growth of its economy. The Politburo, China's top decision-making body, declared that it will ensure the growth of its economy.
The annual Lollapalooza held in Chicago's Grant Park is one of the most anticipated music festivals in the country.
The India Manufacturing Barometer survey revealed that manufacturing companies will be holding off on new investments this year.
Spanish unemployment rate drops 0.9% for second quarter and signals beginning of recession recovery.
US crude oil futures suffered its first loss in five weeks as concerns about the slowing Chinese economy continue to haunt the industry.
China may ease up on its monetary policies soon, says watchers. The eyes of economists keen on Asian markets are now focusing intently on what China is going to do next after the government earlier announced fiscal stimulus measures to fire up its weakened economy.
