IMF cuts global growth forecasts again, cites commodity and China worries
The International Monetary Fund cut its global growth forecasts for a second time this year on Tuesday, citing weak commodity prices and a slowdown in China and warned that policies aimed at increasing demand were needed.
Machinery makers smell opportunity as China's farms think big
The world's largest makers of tractors and combines are finding a rare opportunity for growth in China despite a sharp slowdown in the world's No. 2 economy, with big farm machines in demand as the rural labor force shrinks and plot sizes grow
Global economy loses steam as Chinese, European factories falter
World economic growth lost momentum in September, with China's factory output shrinking again, euro zone manufacturing growth slowing, and U.S. activity steady.
Cheap robots may shift car making from China to U.S.: Magna CEO
The falling cost of intelligent robots may help repatriate some car manufacturing work away from low-cost locations like China back to factories in Germany and North America, Donald Walker, Chief Executive of auto supplier Magna told Reuters.
China 'extremely concerned' by proposed U.S. challenge to claims
China said on Friday it was "extremely concerned" about a suggestion from a top U.S. commander that U.S. ships and aircraft should challenge China's claims in the South China Sea by patrolling close to artificial islands it has built.
China unveils details of state-firm reforms as growth sputters
China unveiled details on Sunday of how it would restructure its state-owned enterprises (SOEs), including partial privatization, as data pointed to a cooling in the world's second-largest economy.
Fed to dominate week of central bank meetings
The U.S. Federal Reserve takes center stage in the coming week, eclipsing industry data from China, another grim inflation reading from the euro zone and rate decisions in Japan and Switzerland.
Chinese premier seeks to quell global markets' China fears
China has fended off the major risks to its financial system while its economic prospects remain positive, Premier Li Keqiang said on Wednesday, as he tried to reassure global markets that Beijing can keep its economy on track and stock markets in check.
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