China to Cut Reserve Requirement Ratio for Some Banks

China said it will cut the reserve requirement ratio for some of the nation’s banks, the government’s latest step to support growth in the world’s second-biggest economy.

China factories extend slump

China's factories continued to struggle in April, according to an early gauge of activity in the country's all-important manufacturing sector.

Dire jobs data deal blow to Obama reelection hopes

WASHINGTON: Dire new unemployment data and a rise in the jobless rate dented Barack Obama's reelection hopes Friday and boosted his foe Mitt Romney who brands the president a failure who cannot create jobs.

Treasurys rise on signs of slowdown in Europe

Traders bid up U.S. Treasury debt Friday after economic data from Europe stirred fears of a global slowdown and boosted demand for the ultra-safe investments.