High debt ratios amid weak growth in developed economies and emerging vulnerability in the developing world shadowed the global fiscal landscape, the International Monetary Fund (IMF) said on Wednesday in its newly-released report.
Singapore’s economic growth in the third quarter is expected to be slower, a local daily newspaper reported on Thursday, citing local economists.
The 21-member Asia-Pacific Economic Cooperation (APEC) forum aims to pull together to make the region center for global economic growth, Indonesian President Susilo Bambang Yudhoyono said here Monday.
Samsung Electronics, the world’s largest maker of smartphones, memory chips and flat screen TVs, saw its third-quarter operating profit hit a new record high, the company said Friday.
“In the midst of this fiscal challenge, the ongoing political uncertainty over the budget and the debt ceiling does not help”
The Canadian stock market closed lower Monday as hopes faded that a compromise could be reached in the U.S. budget talk in time to prevent the shutdown of partial government services.
Warm weather forecast and market expectations for a record corn harvest ahead also dampened the crop. December wheat dipped Monday under the influence of weak performance of major grains market,but the drop was limited as the USDA stocks report offered wheat support.