Jan 9, 2016

U.S. employers hire at robust pace, defying global trends

The U.S. economy is motoring ahead despite slowing global growth that caused upheavals in financial markets around the world this week. Employers added a robust 292,000 jobs last month, and the unemployment rate stayed low at 5 percent, the Labor Department said Friday. Job ...

China eyes huge deficit to cushion reforms, slowing growth

Dec 30, 2015

China eyes huge deficit to cushion reforms, slowing growth

China could run its biggest budget deficit in perhaps half a century next year as leaders turn to government spending to arrest the slowdown in the economy, policy advisers say, after a year of easing monetary policy has brought disappointing results. The government is ...

Dec 26, 2015

Vietnam's economy grows at highest rate in five years

Vietnam’s economy in 2015 grew at its fastest pace in five years, official figures showed Saturday, shaking off regional economic worries with strong exports, record foreign investment and buoyant domestic consumption. The communist nation recorded a GDP growth rate of 6.68 percent, easily surpassing ...