Asia

Kyle Bass: 40-50% Chance of Brief U.S. Recession

Kyle Bass, the famed hedge fund manager, who successfully called the subprime crisis in 2008 before it nearly destroyed the U.S. financial system, is climbing a new wall of worry; Asia’s impact on the U.S.

IMF's Lagarde: U.S. Economy 'Not Great'

The International Monetary Fund (IMF) is preparing for its spring meeting which gathers the leading economic voices across the globe to discuss the issues and policies impacting the world's financial markets.

Inflation Tests Ahead, Currencies Often Not Cooperating

With the world economy entering a more uncertain phase and the top central banks sounding ever more cautious, attention may turn in the coming week to signs of whether years of aggressive stimulus have yielded any significant rise in inflation.

US Cites Chinese Internet Filters as Trade Barrier

The American government has cited Chinese Internet controls as a trade barrier in a report that comes as Beijing tries to block its public from seeing news online about the finances of leaders' families.

U.S.-China Relationship Needs Work: Penny Pritzker

With trade and concerns over Chinese investment in the U.S. becoming hot issues on the presidential campaign trail, Secretary of Commerce Penny Pritzker weighed in on efforts to help the U.S. be more competitive globally.

Japan Owns More U.S. Debt Than China

Japan is now the largest foreign holder of U.S. debt, knocking China out of first place. Economic policies in Japan are keeping interest rates near record lows there, and Japanese investors have put more money in the U.S., whose Treasury bonds offer higher yields.