BEIJING - China's economy grew at its slowest pace in 18 months at the start of 2014, but did a touch better than expected and showed some improvement in March, suggesting Beijing will not rush to follow up recent steps to support activity. | Video
- Asian shares up on China relief, Softbank stars |
- Defunct bitcoin exchange Mt. Gox files for liquidation: WSJ
- China e-commerce giant Alibaba seen filing for U.S. IPO next week: sources
- Fed should beef up low-rate vows, two officials say
- Bonds shine again as Great Rotation gives way to Asset Reflation
Recent Business News
NEW YORK/CHICAGO - Just over a week ago, CME Group Inc suffered the worst-ever trading outage on the world's most important agricultural markets, plunging electronic screens into darkness and sending dozens of traders scrambling for Chicago's famous but now often deserted trading "pits".
LONDON - Shares in some of Europe's least profitable and most indebted companies are set to outperform in the coming months if the European Central Bank starts buying corporate bonds to fight the threat of deflation.
NEW YORK - General Motors Co Chief Executive Mary Barra said she "agonized" over last week's decision to put two GM engineers on paid leave pending the outcome of an investigation into faulty ignition switches linked to at least 13 deaths. | Video
HONG KONG, April 16 (RLPC) - The Hong Kong Monetary Authority (HKMA) is stepping up its supervision of Hong-Kong-based banks' credit risk management by asking banks to show stable funding requirements and agree to regular onsite examinations of credit underwriting processes and stress-testing, the HKMA said in a statement.
The housing recovery continues, albeit modestly. The S&P/Case-Shiller composite index of house prices in 20 metro areas rose 0.8% in January (seasonally adjusted), according to a report released yesterday.