Fitch Downgrades China's Credit Rating on Rising Debt Concerns by Reuters Apr 9th 2013 5:30PM Global ratings agency Fitch cut China's long-term local currency credit rating, citing financial risks from rapid credit expansion alongside the rise of shadow banking...
Lew Calls on Trade-Surplus Nations to Bolster Consumer Demand by Reuters Apr 9th 2013 1:10PM Speaking in Berlin, U.S. Treasury Secretary Jack Lew on Tuesday urged countries with a trade surplus to introduce policies to help domestic consumption.
U.S. Trade Gap Narrows in February on Stronger Oil, Auto Exports by The Associated Press Apr 5th 2013 10:03AM The U.S. trade deficit unexpectedly narrowed in February as exports climbed to near an all-time high and the volume of imported crude oil fell to the lowest level in 17 years.
Obama's Goal to Boost Export Levels is Halfway Home by The Associated Press Apr 4th 2013 6:20AM President Obama's five-year goal, set in January 2010, to boost U.S. export levels set is about halfway to its mark, but can the U.S. sustain the momentum?
Could the U.S. Do Like Cyprus and Seize Bank Deposits? by John Grgurich Apr 3rd 2013 4:30PM Cyprus' attempt to raid insured bank accounts has left a bad taste in the mouths of people around the world, and led some to ask: Could it ever happen here in America?
French Tax on Million-Euro Salaries Won't Exempt Soccer Teams by Reuters Apr 2nd 2013 10:59AM France's revamped 75 percent super-tax on annual salaries above €1 million will apply to all companies, including soccer clubs, which were thought to be exempt.
Cyprus' President Appoints Judges to Investigate Economic Crash by The Associated Press Apr 2nd 2013 7:16AM Cyprus' president has appointed a panel of three former supreme court judges to investigate how the country ended up nearly bankrupt.
Apple Apologizes in China Following Criticism by State Media by The Associated Press Apr 2nd 2013 6:35AM Apple apologized to Chinese consumers after government media attacked its repair policies for two weeks in a campaign that reeked of economic nationalism.
