Investors Lose Faith in Turkey

Everyone knows that Argentina, Greece and Ukraine are closest to hell among debt-besieged nations. Now another country is falling into investor purgatory. That's Turkey.

Chinese investors bet on first rate cut in two years as growth slows

(Reuters) - A dramatic fall in Chinese interest rate swaps (IRS) this week suggests markets are betting a run of weak economic data will force the central bank to cut its benchmark deposit rate for the first time in over 2 years to support growth.

IMF predicts Britain's GDP growth rate will surge to 3.2% by year end

The International Monetary Fund has raised its forecast for Britain's economic growth rate for the second time this year.

Revised US GDP figures show shrinking economy over harsh winter

The US economy contracted for the first time in three years in early 2014 after a much worse performance than originally feared.

U.S. GDP revised down, but hints of economic thaw emerge

(Reuters) - The U.S. government slashed its estimate for fourth-quarter economic growth on Friday in the latest sign of a loss of momentum, but some tentative signs emerged that suggested the worst of the slowdown may be over.

China softens rules on bank lending to local govts: Sources

SHANGHAI: New rules from China's banking regulator aimed at restricting local government borrowing are weaker than a draft version circulated last month, according to a copy of the rules provided to Reuters by two industry sources.

China January foreign direct investment down 7.3%

BEIJING: Foreign direct investment in China declined in January, official data showed Wednesday, extending a downward trend after falling on an annual basis in 2012 for the first time in three years.

The less productive U.S. economy

WASHINGTON (MarketWatch) — After a brief pick-up due to “overfiring,” the trend in productivity is heading in one direction: down. And from a job’s perspective, thank goodness for that.

Global economy week ahead: Looking for takeoff in US jobs

WASHINGTON: Sorting out trends in the US labor market is tricky business these days. There is plenty of evidence to support the view that unemployment is stalled at 8.3 percent for much of the year, and a case to argue that job growth is poised for takeoff.