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4/30/2012

Slower China economy a worry for Western firms

BOSTON/LONDON (Reuters) - As China's economy cools, some big U.S. and European companies are losing what had been one of their surest growth bets.

4/29/2012

Euro zone woes keep banks wary after Q1 bounce

LONDON/MADRID (Reuters) - Earnings from some of Europe's top banks showed the scars of the euro zone crisis on Thursday, with big losses on Spanish property and fragile economic recovery likely to dampen an early investment banking rebound.

4/28/2012

Japan eyes Indian youth and vigor

Mumbai, India (CNN) – While Japan has a slowing economy and an aging population, India has just the opposite. That’s why the number of Japanese companies in India has doubled in the last two years.

4/27/2012

ECB's Draghi, seeking growth, throws crisis ball to governments

(Reuters) - European Central Bank President Mario Draghi called on Wednesday for a "growth compact" but put the onus on euro zone governments to shape-up their economies.

4/26/2012

Federal Reserve sees economy improving

NEW YORK (CNNMoney) -- The Federal Reserve believes the economy is improving, but not enough to warrant a change in its stimulative policies just yet.

4/25/2012

Analysis: Elusive China equity returns now face growth slowdown

LONDON (Reuters) - Investors who have endured two decades of miserable stock market returns in China may have to wait a while yet for their bets to pay off as turbo-charged economic growth runs out of steam and a new economic model starts to evolve.

4/23/2012

Outlay of $14 Trillion Hasn't Solved Problem of Debt

WASHINGTON — The amount of money thrown at rescuing the world economy since the beginning of the current crisis is truly staggering — probably more than $14 trillion — and the financial spigots are still open.

4/22/2012

G20 doubles IMF's war chest amid fears on Europe

(Reuters) - Leading world economies on Friday pledged $430 billion in new funding for the International Monetary Fund, more than doubling its lending power in a bid to protect the global economy from the euro-zone debt crisis.

4/20/2012

Europe Urged to Fix Crisis as G-20 Warns of More Stress

Europe’s governments were told the onus for fixing their debt woes lies with them as the Group of 20 warned the two-year crisis still threatens global growth.

4/19/2012

Chile says Argentina's YPF seizure hurts investment

PUERTA VALLARTA, Mexico - (Reuters) - Argentina's move to seize control of energy company YPF, a unit of Spanish oil major Repsol, hurts future investment in Latin America, Chile's economy minister said on Tuesday.

4/18/2012

World economy still on life support

(Financial Times) -- The world economy "remains on life support" from central banks and has deteriorated since last autumn, the latest Brookings Institution-Financial Times tracking index shows, despite some recent signs of stabilisation.

4/16/2012

Exclusive: G20 may boost IMF resources by $400-500 billion: officials

(Reuters) - The world's 20 biggest economies are likely to agree to increase the resources of the International Monetary Fund by between $400 and $500 billion, rather than the $600 billion initially sought by the IMF, Group of 20 officials have told Reuters.

4/13/2012

European stocks down after poor Italy bond sale

Fears about Europe's debt crisis ended a rally in Europe on Thursday, pushing most share prices down as Italy's borrowing costs rose in a debt sale.

4/11/2012

World Bank race heating up

NEW YORK (CNNMoney) -- The World Bank will choose its next president in one week, and for the first time ever, it's got a competition on its hands.

4/10/2012

Romania backs out of mine sale, privatization hits snag

BUCHAREST (Reuters) - Romania has backed out of a deal to sell its biggest copper mine to Canada's Roman Copper Corp, its economy minister said on Saturday, a fresh blow to a privatization plan agreed with the International Monetary Fund.

4/09/2012

China looks at more support for IMF bailouts

The two nations said they will consult “very closely” on the issue after Christine Lagarde, head of the IMF, asked members to commit as much as $500bn (£315bn) extra to the Washington-based global lender for possible bailouts.

4/06/2012

UK Economy Narrowly Avoided Recession In First Quarter-NIESR

LONDON -(Dow Jones)- The U.K. economy narrowly avoided falling back into recession in the first quarter of 2012, an independent economic research group said Thursday.

4/05/2012

IMF director says global recovery very fragile

WASHINGTON (AP) — The managing director of the International Monetary Fund said Tuesday that the global economy is making some advances in digging itself out of a punishing recession, but that the recovery remains very fragile, especially in Europe.

4/04/2012

Unemployment in Euro Zone Hit New High in February

LONDON — Unemployment in the euro zone reached its highest level in almost 15 years in February, with more than 17 million people out of work, according to figures released Monday.

4/03/2012

Spain Record Home Price Drop Seen With Bank Pressure

Spanish home prices are poised to fall the most on record this year, leaving one in four homeowners owing more than their properties are worth, as the government forces banks to sell real-estate holdings.

4/02/2012

EU Ministers Urge Steps Toward IMF Support

COPENHAGEN—European finance ministers urged a prompt decision on ramping up the International Monetary Fund's crisis-fighting resources, a day after they agreed to commit more funds to their own so-called firewall.