Russia’s economic growth may grind to a halt this year as capital flight accelerates in the wake of its annexation of Crimea last month, Finance Minister Anton Siluanov said.
Americans flocked to car dealerships and shopping malls in March, generating the biggest gain in retail sales in more than a year, economists forecast a report to show.
U.K. construction output fell more than economists forecast in February as the wettest winter for almost 250 years forced builders to put work on hold.
China’s stocks rose, sending the benchmark index to its highest level in six weeks, as technology companies rallied and state media said the government will raise railway spending.
China’s stocks climbed, sending the benchmark index to a six-week high, on speculation the government will take further steps to bolster economic growth.
Steady growth in China should help avert a drawn-out crisis in its banking sector by aiding industrial consolidation and economic rebalancing, according to Standard & Poor’s.
The yuan is poised to recover from declines that have made it Asia’s worst-performing currency as China seeks to prevent an exodus of capital that would threaten economic growth, according to the most accurate forecasters.
Current-account and fiscal deficits as well as growing political risks may prove a “toxic cocktail” for the pound’s world-beating gains, according to Royal Bank of Scotland Group Plc.
Goldman Sachs Group Inc. says now may be a good time to cut holdings of Chinese high-yield bonds after the longest winning streak in six weeks.
The pound fell against most of its major counterparts this week amid signs the U.K. economic recovery that has made the currency the best performer in the past 12 months is losing momentum.
China Beige Book’s Miller Says Lower PMIs Match Up (Audio)