Sky high:  workers have just topped off the Shanghai Tower, currently the world’s second-largest skyscraper.  Photograph: Reuters

Clifford CoonanTaking a good, stand-back reading of the Chinese economy is always a difficult task, especially if one’s spectacles do not happen to be(...)

Shenzhen has 10 per cent the number of luxury goods shops Hong Kong has, and a third of Beijing’s and Shanghai’s. Photograph: Philippe Lopez/AFP/Getty Images

Shenzhen trails Hong Kong in the consumption of luxury goods, with spending hit by the Chinese government’s crackdown on corruption and by local peopl(...)

Chinese Premier Li Keqiang:  ruled out major stimulus to fight short-term dips in growth.

China’s slowing economy was the backdrop to last week’s annual investment forum in Boao, on the holiday island of Hainan off southern China, wh(...)

Britain’s current account deficit was much bigger than expected in the fourth quarter and households ran down savings to keep up their spending(...)

Zhang Dejiang, chairman of the National People’s Congress (NPC), is seen on a monitor broadcasting coverage of the opening session of the NPC in the Causeway Bay district of Hong Kong, China. Chinese stocks listed in Hong Kong fell to a three-week low as the national legislature began its annual meeting and concern mounted that the country may be facing its first onshore corporate bond default.  photograph: brent lewin/bloomberg

The Chinese government set an economic growth target for the year of 7.5 per cent at the country’s annual parliament last week, and since then (...)

A customer holds a 100 hryvnia currency banknote to pay for goods at a market stall in Kiev, Ukraine. Photograph: : Vincent Mundy/Bloomberg

Ukraine’s hryvnia tumbled 4 per cent on Wednesday to 10 per dollar as political uncertainty mounted, with ripples spreading to Russia where the(...)

 Pipes for a new natural gas pipeline are unloaded on the former airfield in Ellund, Germany. Photograph: Carsten Rehder/EPA

German analyst and investor sentiment unexpectedly cooled in January on slightly lower expectations for private consumption, but it remained near the (...)

The hint that the US Federal Reserve might be about to taper off its bond purchases was enough to cause tremors in financial markets.

Too much state-created money is by definition a bad thing. And so is too little. But how do we know how much is too much and how much too little? The (...)

The Bank of England will probably leave stimulus unchanged today as the economic recovery gathers momentum. Photograph:  Yui Mok/PA Wire

The Bank of England kept its monetary policy unchanged today as expected, sticking to its commitment to keep interest rates steady while unemployment (...)

Federal Reserve chairman Ben Bernanke said that one part of his tapering scenario included “inflation moving back toward our 2 per cent objective over time”. Photograph: Gary Cameron/Reuters

The cost of living in the US increased less than expected in August, but still pointed to a stabilisation in underlying inflation that could pave the (...)

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