Will China's slowdown make us poorer?

There has never been an economic story like China's - consistent rises in national income for 30 years at an annual rate of 10%, hundreds of millions of Chinese people lifted out of poverty, and expansion that took it from almost nowhere to become the world's second biggest economy, contributing 15% of global GDP and 25% of global GDP growth.

G-20 Says Volatile Currencies Pose Risk After Dollar Surges

Global finance chiefs identified volatile currencies as a threat to an improving world economy, signaling for the first time that they may be concerned by a surging U.S. dollar.

World led by US poised for fastest growth since 2010

The world economy is primed for its fastest expansion in four years, with the US propelling the improvement in output.

US shutdown risk to global economy if protracted: ECB

The US government shutdown could threaten not only the United States but also the global economy if it lasts, European Central Bank chief Mario Draghi said Wednesday.

Global economic outlook dims while US recovery continues, ICC-Ifo survey reveals

Paris – The world economy has weakened slightly this quarter, mainly due to declining optimism in Asia and Latin America, while North America shows signs of continuing recovery, according to a World Economic Survey published today by the International Chamber of Commerce (ICC) and the Munich-based economic research institute Ifo.

ECB can do more to bolster the euro: Christine Lagarde

WASHINGTON: International Monetary Fund chief Christine Lagarde is calling on the European Central Bank to take futher steps to stabilize the economy of the eurozone.

No respite seen for euro zone periphery woes: Poll

LONDON: Deeper recessions, spiralling unemployment and a failure to meet budget deficit targets will afflict the euro zone's most vulnerable economies floundering under austerity, a Reuters poll suggested on Thursday.

IMF chief Lagarde urges more global finance reform

BEIJING (AP) — The head of the International Monetary Fund warned Sunday against complacency about global finance despite improved conditions after the latest Greek debt deal and said the world urgently needs more financial reforms.

Fears mount of cuts in EU bank lending

Rising funding costs for European banks are stoking fears that they could be forced to cut back lending and drag down the already struggling world economy.

The spreads for credit default swaps – essentially the price to insure five-year bonds – have hit all-time highs in the past two weeks for the big French and Italian banks, as well as Spain’s Banco Santander. The index of five-year bank CDS’s is now trading wider than during 2008, when the collapse of Lehman Brothers froze interbank lending and sparked a credit crunch.