The Obama administration welcomes Chinese officials to Washington for two days of intensive and wide-ranging talks, saying the White House wants to foster cooperation on economic and diplomatic issues.
New-Home Sales in U.S. Climbed 11% Last Month, Biggest Gain in Eight Years Purchases of new homes in the U.S. climbed 11 percent in June, the biggest gain in eight years, underscoring evidence that the deepest housing slump since the Great Depression is starting to stabilize.
India Central Bank May Signal End to Sharpest Round of Interest-Rate Cuts India’s central bank may signal that its sharpest round of interest-rate cuts has come to an end by keeping borrowing costs unchanged at a meeting today.
South Korean Manufacturers' Confidence Rises to 14-Month High on Exports South Korean manufacturers’ confidence rose to the highest in 14 months after the economy grew at the fastest pace in almost six years last quarter.
King May Increase Rates Sooner Than Bernanke as U.K. Inflation Leads G-7 Bank of England Governor Mervyn King may beat Ben S. Bernanke to the emergency exit.
Geithner Assures a `Concerned' China the U.S. Will Shrink Record Deficit Treasury Secretary Timothy Geithner pledged to rein in the U.S. deficit as China underscored concern about preserving the value of its $801.5 billion of Treasury holdings.
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