Canada Stocks Jumps to Join Global Rally After U.S. GDP Report

Canadian stocks advanced for the best three-day rally this year, as crude prices jumped and the U.S. economy grew more than forecast amid a relief rally in global stocks.

JPMorgan Warns This Emerging-Market Credit Strength May Fizzle

Try figuring this one out: Emerging-market stocks have gotten pummeled over the past few weeks while corporate bonds from the same regions have outperformed many other assets.

World Bank calls for quantitative easing to stop eurozone stagnation

The World Bank has warned of the risk of the eurozone sliding into permanent stagnation and urged the European Central Bank to embark on a money-creation programme to boost growth.

Bank of England chief economist ‘gloomier’ about UK prospects

The chances of an early rise in UK interest rates have fallen, says the Bank of England’s chief economist, Andrew Haldane, who admits he is “gloomier” about the prospects for the economy than he was a few months ago.

Singapore’s GDP Decline Shows Manufacturing Constraint: Economy

Singapore’s economy unexpectedly contracted in the second quarter as higher labor costs and company moves to shift production overseas hurt manufacturing.

World economic recovery struggling to gain traction

(Reuters) - Another month of slower factory activity in China and a sharp decline in a closely-watched gauge of U.S. manufacturing on Thursday added to concern about the state of the global economy.

Emerging markets inflow numbers point to exit by bond investors

The release this week of updated capital inflow data by the Institute of International Finance could not have been better timed.

Canada's economic recovery 'relatively strong': PM Harper

TEL AVIV (Reuters) - Canada's economic recovery has been quite strong, and could continue to improve as the global economy advances, Prime Minister Stephen Harper said on Wednesday.

China to maintain steady growth in second half: Government

BEIJING: China's economy will continue to grow at a steady rate during the second half of this year despite "extremely complicated domestic and international conditions", the government said Tuesday.

EU Rebuts Austerity-Obsessed Image, Defends Growth Plans

European officials sought to convince policy makers from the rest of the world that they’re not cutting budgets at the expense of stronger growth.

Growth slows, markets feeling good ahead of Davos

FRANKFURT, Germany (AP) — The world's financial and political elite will head this week to the Alps for 2013's gathering of the World Economic Forum in Davos, Switzerland, with the global economy far less plagued by fear than it was last year.

David Cameron: Rebalancing UK economy 'slow and difficult'

The UK is going through a "slow and difficult healing process" as it rebalances its economy, Prime Minister David Cameron has said.

IMF's Christine Lagarde warns of more global growth cuts

The International Monetary Fund looks likely to cut its forecast for global growth next month when it updates its projections for the world economy.

U.S. job growth, economy stuck in doldrums

WASHINGTON (MarketWatch) — Slackening U.S. and global growth likely means the nation’s unemployment rate will remain stuck around 8%, reducing the odds of a faster economic recovery kicking in before the end of the year.

Global liquidity peak spells trouble for late 2012

Data collected by Simon Ward at Henderson Global Investors shows that M1 money supply growth in the big G7 economies and leading E7 emerging powers buckled over the winter.

Structural reforms needed even in recovery: OECD

Reuters) - The recent financial crisis and sluggish recovery around the globe have rightly helped spur governments to take on structural reforms such as in the labor, retirement and tax sectors to the benefit of many nations, the OECD said on Friday.

UK economic growth slower than previously thought

The UK economy grew by 0.1% between April and June, less than the 0.2% estimated previously.

Output from the service sector grew by 0.2%, compared with the previous estimate of 0.5%, the Office for National Statistics (ONS) said.

However, industrial output fell by less than previously thought.