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Will China ever get rich? A new era of much slower growth dawns

China is entering an era of much slower economic growth, raising a daunting prospect: it may never get rich.

Japan , Qiushi , Zhejiang , China , Huatai , Jiangxi , United-states , Shanghai , Wang-jun , Hebei , Beijing , Cai-fang

US retail sales miss expectations; underlying sales strong

U.S. retail sales rose less than expected in June amid declines in receipts at service stations and building material stores.

United-states , Washington , Americans , Andrea-ricci , Lucia-mutikani , Chizu-nomiyama , David-russell , Commerce-department , Reuters , Thomson-reuters-trust-principles , Federal-reserve , Market-intelligence

Canada's inflation falls to 27-month low but underlying pressures persist

Canada's annual inflation rate dropped more than expected to a 27-month low of 2.8% in June led by lower energy prices, data showed on Tuesday, though food and shelter cost increases persisted despite 10 interest rate hikes in less than 18 months.

China , Toronto , Ontario , Canada , Ottawa , Canadian , Nivedita-balu , Ismail-shakil , Michael-greenberg , Dale-smith , Alexandra-hudson , Jules-boudreau

Exclusive: China invites global investors for rare meeting as economy sputters

China's financial regulators have invited some of the world's biggest investors to a rare symposium next week, three sources said, seeking to encourage foreigners to keep investing in the world's second-largest economy despite its recent weakness and rising geopolitical tensions.

Taiwan , Canada , China , Beijing , Xie-yu , Selena-li , Julie-zhu , Kim-coghill , Fang-xinghai , Ant-group , Asset-management-association-of-china , China-securities-regulatory-commission

UK economy shows strains and gains, complicating Bank of England's job

Britain's economy is showing some signs of strain from the Bank of England's 13 back-to-back interest rate increases, but the jobs market is still generating inflationary heat and consumers have not reined in their spending sharply.

Germany , London , City-of , United-kingdom , Britain , British , Kripa-jayaram , Vincent-flasseur , Paul-simao , Sumanta-sen , Reuters , Boe-bank-rate

IMF approves $3 bln bailout for cash-starved Pakistan

The International Monetary Fund's board approved a $3 billion bailout programme for Pakistan which will immediately disburse about $1.2 billion to help stabilise the South Asian ailing economy, the lender said on Wednesday.

Saudi-arabia , United-arab-emirates , Islamabad , Pakistan , China , Pakistanis , Pakistani , Gibran-peshimam , Shehbaz-sharif , David-gregorio , Asif-shahzad , Ariba-shahid

Analysis: China's banks bear brunt of concerns around growth and debt

Chinese banks are facing increasing risks from rising non-performing loans (NPLs) and diminishing returns, making them a lightning rod for investors' worries about the world's second-largest economy.

Beijing , China , Shanghai , Hong-kong , United-states , Chinese , Raymond-yeung , Vidya-ranganathan , Morgan-stanley , Ziyi-tang , Muralikumar-anantharaman , Georgina-lee

U.S. factory orders miss expectations in May

New orders for U.S.-made goods increased less than expected in May as a surge in civilian aircraft orders was partially offset by sluggishness elsewhere amid higher interest rates that are eroding demand.

Washington , United-states , Lucia-mutikani , Institute-for-supply-management , Reuters , Thomson-reuters-trust-principles , Commerce-department , Supply-management , Thomson-reuters-trust , Ef-markets-macromatters , Rep , Aer

US weekly jobless claims rise moderately; layoffs drop in June

The number of Americans filing new claims for unemployment benefits increased moderately last week, while private payrolls surged in June, suggesting that the labor market remained on solid ground despite growing risks of a recession.

Minnesota , United-states , Washington , Americans , Chizu-nomiyama , Lucia-mutikani , Gray-christmas , Thomson-reuters-trust-principles , Reuters , Labor-department , Safiyah-riddle , Thomson-reuters-trust

South Korea factory activity suffers longest downturn in at least 19 years

South Korea's factory activity shrank at a steeper pace in June and extended its downturn to a record 12th consecutive month, a survey showed on Monday, underlining the challenges facing the economy as it struggles to mount solid recovery.

Seoul , Soult-ukpyolsi , South-korea , South-korean , Usamah-bhatti , Shri-navaratnam , Reuters , Thomson-reuters-trust-principles , Jihoon-lee-editing , Thomson-reuters-trust , Ef-markets-macromatters , Eci