WASHINGTON (Reuters) – China needs to slow down its economy enough to cool inflation at home without putting a drag on growth in the rest of the world.
This will require careful calibration. It’s no secret that advanced economies are growing slowly. The International Monetary Fund thinks 2011 output will reach just 2.2 percent in rich [...]
BEIJING – China’s September trade surplus stayed high at $16.9 billion amid pressure from Washington and others to ease currency controls they blame for job losses amid a slowing global recovery.
Export and import growth both weakened, hurt by slower global demand and a moderation in the rapid expansion of China’s economy, the world’s second-largest, data [...]
SAN BRUNO, Calif. – The tragic explosion of a gas pipeline in a San Francisco suburb has shed light on a problem usually kept underground: Communities have expanded over pipes built decades earlier when no one lived there.
Utilities have been under pressure for years to better inspect and replace aging gas pipes — many of [...]
Continue reading about Aging gas pipe facing explosion nationwide
TOKYO – The U.S. dollar fell to a new 15-year low against the yen in early Tokyo trade Tuesday as investors tried to avoid risky bets, while adding pain for Japanese exporters.
New global banking regulations and signs that growth in China is picking up — assuaging fears of a steep slowdown in the world’s No. [...]
Continue reading about The U.S. dollar fell to a new 15-year low against the yen
The new live streaming platform will be previewed in a two-day trial beginning Monday, but is expected to later grow considerably across the Google Inc.-owned website.
For the last two years, YouTube has offered numerous events live, including a U2 concert, cricket matches in India and President Barack Obama’s first State of the Union address. But [...]
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