BEIJING - China's factory activity shrank for the fourth straight month in April, signalling economic weakness into the second quarter, a preliminary survey showed on Wednesday, although the pace of decline eased helped by policy steps to arrest the slowdown.
TOKYO - Japan overhauled the world's biggest public pension fund on Tuesday, appointing new committee members, in a push toward Prime Minister Shinzo Abe's goal of a more aggressive investment strategy.
MADRID - Carmen Collado has laundered hospital linen in Madrid for 11 years. Now, almost half her colleagues have been fired and the 61-year-old grandmother is cleaning the same bed sheets, nurses' scrubs and towels as before for half the pay.
BRASILIA - As if worrying about unfinished stadiums and overcrowded airports wasn't enough, the upcoming soccer World Cup will give Brazilian policymakers another headache: an inflation spike.
SINGAPORE - Selling insurance against a financial crisis should not be difficult, five years after the last one nearly wrecked the global economy.
BEIJING - China's property market could threaten Beijing's plan to manage a slowdown in growth, as evidence mounts of a rapid cooling in what had been one of the few strong spots in the world's second-largest economy.
TOKYO - Japanese companies' investments in Southeast Asia surged last year to almost three times the amount invested in China, after relations between Beijing and Tokyo soured in 2012 and Chinese labour costs rose, a government agency of Japan said on Friday.
WASHINGTON - New applications for unemployment benefits held near their pre-recession levels last week, offering further evidence of the economy's underlying strength.
MUMBAI - Standard and Poor's may upgrade India's outlook if the government that is elected next month addresses some of the country's fiscal and economic challenges through steps such as passing a goods and services tax.
SINGAPORE - Gold was steady but near its lowest in more than two months on Wednesday, with stronger equities denting the metal's safe-haven appeal and outflows from bullion funds showing weak investor appetite.