'The West is winning': Misgivings in Europe as U.S. takes on China

World / Politics Feb 16, 2020

'The West is winning': Misgivings in Europe as U.S. takes on China

U.S. Secretary of State Mike Pompeo defended on Saturday his nation's global role despite misgivings in Europe, vowing that Western values would prevail over Russian and Chinese desires for "empire." Seeking to reassure Europeans troubled by U.S. President Donald Trump's "America first" rhetoric, his ambivalence ...

Business Feb 4, 2020

U.S. manufacturing rebounds but construction spending falls

U.S. factory activity unexpectedly rebounded in January after contracting for five straight months amid a surge in new orders, offering hope that a prolonged slump in business investment has probably bottomed out. A rebound in business investment is critical to keeping the longest economic expansion ...

IMF upgrades Japan's growth forecast to 0.7% for 2020

Business / Economy Jan 21, 2020

IMF upgrades Japan's growth forecast to 0.7% for 2020

The International Monetary Fund is forecasting that Japan's economy will grow 0.7 percent this year, up 0.2 percentage point from its earlier estimate due to stimulus measures to mitigate the impact of the Oct. 1 consumption tax hike. The Washington-based institution also said global growth ...

Asia Pacific Jan 18, 2020

U.S.-Iran tensions may hit China's economy

by Mina Kotani

China's economy, which this past week reported its lowest annual economic growth in nearly 30 years amid a prolonged trade dispute with the United States, is faced with a new troubling source of U.S.-related instability: rising tensions in the Middle East. The U.S. airstrike that ...