Why a Chinese slowdown isn't scary


The figures haven't been kind to China lately. Gone are the days of double digit growth, trade data have weakened, credit markets have overheated and fears of a housing bubble remain. But despite the bearish headlines, the long-term picture for China looks quite good and a slowdown might actually be healthy, according to HSBC.

The sluggish silk road: China’s growth slows to 7.5%


The slowdown most experts expected has finally set in - Chinese GDP growth slowed to 7.5 percent in the second quarter, unhinging skepticism but hardly effecting stocks and indexes.

Hong Kong sees no shelter from housing storm


A combination of slowing demand from mainland Chinese buyers, higher interest rates and tight property restrictions could present a perfect storm for Hong Kong's real estate market, according to an economist at HSBC.

Oil extends gains above $103 after U.S. hiring jump


The price of oil extended gains above $103 a barrel Monday after a stronger-than-expected jump in U.S. hiring suggested demand for fuels will increase. Benchmark crude for August delivery was up 18 cents at $103.40 at early afternoon Bangkok time in electronic trading on the New York Mercantile Exchange. The contract on Friday jumped $1.98 to close at $103.22 in New York after the Labor Department reported that U.S. employers added a robust 195,000 jobs in June and many more in April and May than previously thought. The job growth suggests a stronger economy. Oil has also been pushed higher by instability in Egypt where Mohammed Morsi was ousted as president by the military l

Is 'state capitalism' killing emerging markets?


BOSTON — The US economy is a rusty has-been. The future lies in nimble, dynamic emerging markets like China, Brazil and Russia.

Can one of Europe’s poorest countries change its ways?


HAJMEL, Albania — Wine production has a long history in the northern region of Zadrima: The first recorded planting of its signature grape Kallmet took place in 1555.

At ASEAN, China agrees to formal talks to ease South China Sea tensions


China agreed Monday to hold formal talks to resolve tensions in th South China Sea, key areas of which are disputed Southeast Asian nations.