China's auto sales surged past the United States to reach record levels in 2009, industry figures showed on Monday, underscoring China's importance to the global auto industry as the world's biggest market.
Federal Reserve monetary policy is unlikely to pushed off course by December's surprising job losses, a senior Fed official said on Monday. St. Louis Federal Reserve Bank President James Bullard told reporters
Chinese bank lending surged in the first week of 2010, a state newspaper reported on Monday, adding to the concerns fueled by blockbuster trade data for December that the world's third-largest economy
U.S. employers unexpectedly cut 85,000 jobs in December, cooling optimism on the labor market's recovery and keeping pressure on President Barack Obama to find ways to spur job growth. The Labor Department
A stronger jump in inventories and positive but smaller than expected net trade drove the euro zone out of recession in the third quarter, but investment was weaker than thought, revised data
British factory gate inflation rose more than expected in December and at its fastest annual rate in nearly a year, official data showed on Friday. The Office for National Statistics said producer
A U.S. government report on Friday is expected to show the economy stopped shedding jobs last month for the first time since it fell into recession two years ago, easing a political
Total sales of petroleum products recorded a decrease of 8.3% compared with the previous month in November 2009. The Statistical Service said that a significant decline was recorded in the sales of
Figures on registered unemployment show that construction workers felt the brunt of the recession in Cyprus in 2009, with total unemployment rising almost threefold from 902 registrations on average in 2008 to
The number of U.S. workers filing new applications for unemployment insurance rose less than expected last week and a measure of underlying trends hit a nearly 16-month low, underscoring the improving labor
