Why China is the bull in a US shop

When the second-largest economy in the world plays games with its currency, it’s Americans who suffer.

Kenya's economic growth slowed last year, outlook better

NAIROBI (Reuters) - Kenya's economic growth eased to 5.3 percent in 2014 as tourism fell and agricultural output slowed, but should pick up this year, a minister said on Wednesday.

Finance officials are warning of big risks tied to the global economic recovery

WASHINGTON (AP) — World finance officials said Saturday they see a number of threats on the horizon for a global economy still clawing back from the deepest recession in seven decades, and a potential Greek debt default presents the most immediate risk.

The global economy’s bizarre problem: Too much money

If you’ve seen The Wolf of Wall Street, you know having too much money can be a problem. And too much money is part of the predicament that the world economy finds itself in right now.

Raise UK interest rates now, says Bank of England policymaker

The Bank of England should begin raising interest rates now, because spare capacity in Britain’s fast-recovering economy could be used up by the middle of next year, adding to inflation pressures, a Bank policymaker said in a Sunday newspaper.

BIS: Central banks warned of 'false sense of security'

The Bank for International Settlements (BIS) has warned that ultra-low interest rates have lulled governments and markets "into a false sense of security".

G20 pledges to add $2 trillion to global economy

The largest global economies have pledged to install policies that will add $2 trillion to the world economy over the next five years.

Economies of Britain and France have more similarities than differences

As British crowing about last year's return to growth increasingly irks the struggling administration of François Hollande, it is worth remembering that London and Paris have more in common than they care to admit.

Japan exports rise but trade gap widens on weak yen

(Reuters) - Japan's exports rose for a ninth consecutive month in November, led by car shipments to the United States and China, a sign the weak yen and a recovery in global demand are energizing a major growth driver in the world's third-biggest economy.

Ireland to exit international bailout in December

Ireland is to make a clean break from its three-year 85bn euro (£71bn) bailout programme next month, without seeking precautionary funding.

People from India, China out-educating us: Barack Obama

NEW YORK: Billions of people from countries like India and China are striving hard to "out-educate" Americans in mathematics and technology, President Barack Obama has said while stressing on education reforms to prepare Americans for a global economy where "jobs can go anywhere."

Bank of Japan sees global damage if U.S. debt ceiling is not raised

MATSUE: Global stocks could plunge and long-term interest rates rise, dealing a severe blow to the global economy, if U.S. politicians do not reach a deal to raise their debt ceiling by mid-month, Bank of Japan Deputy Governor Hiroshi Nakaso said on Wednesday.

US factory output up 0.7 pc led by strong autos

WASHINGTON: US factories increased output in August by the most in eight months, helped by a robust month at auto plants.

IMF chief warns on global economic risks

LITHUANIA: The head of the International Monetary Fund says there are "new risks on the horizon" for the global economy, particularly from emerging economies, at a time when many countries are struggling to remedy old problems.

Barack Obama taps former IMF official as national security deputy

WASHINGTON: President Barack Obama on Friday appointed Caroline Atkinson, a former journalist who has worked at the International Monetary Fund, the U.S. Treasury Department and the Bank of England, to be deputy national security adviser for international economics.

EU exit would put US trade deal at risk, Britain warned

The Obama administration has warned British officials that if the UK leaves Europe it will exclude itself from a US-EU trade and investment partnership potentially worth hundreds of billions of pounds a year, and that it was very unlikely that Washington would make a separate deal with Britain.

Emerging nations risk Cyprus contagion: World Bank

BEIJING: Developing nations must be ready for a financial market selloff if the Cypriot banking sector collapses, World Bank Managing Director Sri Mulyani Indrawati said on Sunday, urging a swift resolution to the crisis in Cyprus.

Osborne Says Markets Back Him as He Shrugs Off U.K. Cut

Chancellor of the Exchequer George Osborne said investors have backed his fiscal and economic plans as he cast aside concerns about his policy after the U.K. lost its top credit rating.

World unemployment figures set to rise in 2013, claims UN labour agency

A record 202 million people could be unemployed across the world in 2013, the International Labour Organization (ILO) said on Tuesday.

Canadian PM Harper says he fears greater global protectionism

NEW DELHI (Reuters) - A trend toward greater protectionism was pushing the world toward a prolonged recession, Canadian Prime Minister Stephen Harper said on Wednesday, although he added an economic catastrophe could be averted.