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Tag Archives: global markets

Lawmakers looking to push Chinese on 'currency manipulation'

WASHINGTON — A group of 14 U.S. senators unveiled legislation Tuesday that seeks to increase pressure on China to let its currency to rise in value against the dollar, saying Chinese “currency manipulation” is hurting the U.S. economy. The bill calls for stiff trade sanctions if China does not act. Treasury Secretary Timothy Geithner says the legislation is a sign ...

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Japan stays ahead of China

TOKYO — Japan held its title as the world’s second-biggest economy after fourth-quarter growth beat expectations and kept the country just ahead of a surging China. Real gross domestic product grew at an annual pace of 4.6 percent in the October-December period, the government said TOday. The average forecast of 15 economists polled by The Associated Press was annualized growth ...

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