Oil Prices Slide To New Lows on ‘Bearish’ Data
With demand from China slowing and a supply glut continuing, prospects of a price rebound in the second half of 2015 have "evaporated."
Mead Johnson Nutrition Settles FCPA Charges
The infant formula maker paid health-care professionals in China to recommend its products to expectant mothers.
China Corporate Debt Growth Seen as High Risk
S&P estimates that China's corporate debt pile, now at 160% of GDP, will climb 77% to $28.8 trillion over the next five years.
Chinese Chip Firm to Bid $23B for Micron
State-owned Tsinghua Unigroup's bid for the memory maker is likely to be blocked by U.S. regulators.
IMF Trims 2015 World Growth Forecast
The IMF forecasts lower annual global growth in 2015 largely due to the impact of weaker first-quarter growth in advanced economies.
China Moves to Stop Stock Markets’ Nosedive
Trading suspensions and share purchasing by brokerage firms "reek of panic," says one analyst.
China Uncovers $2.7B in Misused Lottery Funds
Audit finds that a quarter of all the money raised through the state-run lottery program between 2012 and 2014 was embezzled or misappropriated.
IMF Economists Say ‘Just Live With’ Debt
While some countries face 'debt sustainability constraints' that leave them no choice but to pay down debt, others can fund themselves at very low rates.
KFC Sues Over Food Safety Rumors in China
Lawsuits say three Chinese companies used WeChat social media app to spread false rumors about deformed chickens.
Expedia Sells China Stakes
The online travel site is one of several companies that have recently relinquished majority ownership of Chinese ventures.
Trade Deficit Largest Since 2008
Gap between U.S. imports and exports likely means that U.S. GDP actually contracted in the first quarter.