The Japanese Finance Ministry sounded an upbeat tone about the country's economy on Wednesday, using recovery in its assessment for the first time in nearly six years.
The International Monetary Fund (IMF) on Friday assessed the South Korean economy as a safe haven for global investors on the back of the economy's solid fundamentals.
The recent government shutdown and the debt ceiling deadlock have led to economic hardship across the United States, and the nation should avert another similar event that will impact the economic recovery, U.S. Treasury Secretary Jacob Lew said Monday.
U.S. President Barack Obama said on Thursday that political brinkmanship in the past few weeks inflicted unnecessary damage to the economy.
A leading Finnish research institute lowered the nation's economic growth forecast on Wednesday, and attributed it to the decline of Nokia, which sold it's mobile businesses to Microsoft earlier this month.
Vietnamese economy is at risk of lagging behind regional countries as it shows no clear signs of recovery, Tran Dinh Thien, head of the Vietnam Institute of Economics, said Thursday.
Capital outflow pressure in China is easing as the country's economy stabilizes, according to analysts.
U.S. President Barack Obama defended on Monday the administration's handling of the 2008 financial crisis on the fifth anniversary of Lehman Brothers' collapse, touting an economic turnaround while warning against self-inflicted wounds from Washington's potential fiscal fight.
U.S. President Barack Obama defended on Monday the administration's handling of the 2008 financial crisis on the fifth anniversary of Lehman Brothers' collapse, touting an economic turnaround while warning against self-inflicted wounds from Washington's potential fiscal fight.
The U.S. economy is expected to have a stronger recovery, and the Fed's tapering on the quantitative easing should be slow and friendly to the markets, an economist at Merrill Lynch told Xinhua on Monday in an exclusive interview.
Nobel Prize winners have pinpointed new growth engines for China, after its economy showed strong signs of strengthening during the past few months.
High-profile speeches by Chinese leaders have refuted claims of a derailing of growth in the world's second-largest economy, highlighting confidence among the new leadership in carrying on rebalancing efforts.
Chinese economy might suffer ups and downs, but its long-term prospect remains bright.
The Philippines' gross domestic product grew 7.5 percent on year in the second quarter, beating market forecasts and affirming the country's position as the fastest growing economy in the Southeast Asian region.
China's economy is expanding at a reasonable speed but the country's conditions mean double-digit growth rates will not be seen.
Chinese Premier Li Keqiang on Monday underscored the role of reform in promoting sustainable growth, pledging to keep the economy from big fluctuations and maintain steady performance.
While an argument for tax reform is beginning to take shape in Washington, political analysts and prognosticators said any significant tax overhaul is a long way off.
简体中文
