In light of the recent reports highlighting a 9.4% fall in foreign investments into China this year, officials from the world's second-largest economy are reinforcing their commitment to creating a more favorable environment for international investors. Mao Ning, spokesperson for China's Foreign Ministry, emphasized the country's enduring role as a leading engine of global growth and a top investment destination during a press briefing on Tuesday.
Most Asian stocks moved in a tight range on Thursday as investors awaited more cues from the region’s biggest economies, although expectations of stabler interest rates and improving growth presented a positive outlook for regional markets.
U.S. consumers' inflation expectations rose for a second straight month in November despite growing signs that price increases are in fact slowing, according to a survey released Wednesday that may create some worry for Federal Reserve policymakers.
Orders for long-lasting U.S. manufactured goods fell more than expected in October as orders for motor vehicles and parts dropped amid strikes by the United Auto Workers (UAW) union against Detroit's "Big Three" automakers.
The number of Americans filing new claims for unemployment benefits fell more than expected last week, but that likely does not change the view that the labor market is gradually slowing as higher interest rates cool demand in the economy.
New vehicle sales in the United States are expected to rise in November, a report from industry consultants showed on Wednesday, as demand for the latest models remains strong and inventories improve.
