China's annual economic growth could slow to 7.5 percent in the second quarter, largely due to curbs on the property sector and headwinds from external demand, the State Information Center, a government think-t...more | All News
U.S. stock indexes headed lower Thursday with investors keeping an eye on the financial sector and the weekly job report. The U.S. Labor Department said first-time claims for unemployment benefits were unchanged in...more | All News
The European Central Bank said it will temporarily stop lending to some Greek banks to limit its risk as President Mario Draghi signaled the ECB won’t compromise on key principles to keep Greece in the euro a...more | All News
Rating agency Moody's, downgraded 16 Spanish banks on Thursday, the latest sign of distress in Europe. Among those downgraded were giants Banco Santander and BBVA, the country's two largest banks. Moody'...more | All News
Spain has paid sharply higher rates of interest to borrow money on the international markets, as worries grow about the state of its economy. In total, it raised 2.5bn euros ($3.2bn; £2bn) through issuing a n...more | All News