Dec. 14 (Bloomberg) — A Chinese leading indicator fell, fueling concern that the world’s second-biggest economy faces a deeper slowdown as Europe’s debt crisis hits exports and home sales slide. The index declined 0.1 percent to 160.1 in October, The Conference Board said in a statement today, citing a preliminary reading. The gauge captures prospects [...]
(Updates with markets in third and sixth paragraphs. See {EXT4 <GO>} for more on the European debt crisis.) Sept. 23 (Bloomberg) — Group of 20 finance chiefs pledged to address rising risks to the global economy and pushed Europe to contain its sovereign debt crisis after concern the world is on the brink of another [...]
NEW YORK — Not even a string of better earnings reports could stave off worries about debt on Monday. Europe’s banking troubles and an impasse over lifting the U.S. government’s borrowing limit helped drag down stock markets in the U.S. and Europe. Gold rose above $1,600 an ounce as investors sought safe places to park money. The [...]