largest economy

BERLIN | Industrial production drops in Germany in October

BERLIN — Official figures show that factory production in Germany declined in October in another sign that Europe’s largest economy may be slowing. The Economy Ministry said Friday that industrial production dropped 0.5 percent in October over September after adjusting for seasonal and calendar factors. The drop erased modest gains made in the last two … Continue reading BERLIN | Industrial production drops in Germany in October

BEIJING | Swine fever adds to China’s economic headaches

BEIJING — Reeling from rising feed costs in Beijing’s tariff fight with U.S. President Donald Trump, Chinese pig farmers face a new blow from an outbreak of African swine fever that has sent an economic shockwave through the countryside. First detected in August, the disease has killed 1 million pigs, prompting authorities to restrict shipments … Continue reading BEIJING | Swine fever adds to China’s economic headaches

TOKYO | Japan’s exports recover but reports trade deficit in October

TOKYO  — Japan is reporting a trade deficit in October but is seeing a recovery in exports after getting slammed by natural disasters in September. Japan’s Ministry of Finance said Monday exports grew 8.2 percent from the same month the previous year. In September, exports fell 1.2 percent from the previous year in the first … Continue reading TOKYO | Japan’s exports recover but reports trade deficit in October

BEIJING | China’s yuan sinks to 10-year low against dollar

BEIJING  — China’s yuan sank to a 10-year low against the dollar on Monday, coming close to breaking the politically sensitive level of seven to the U.S. currency. The yuan declined to 6.9644 per dollar at midday, passing its most recent low in 2016 before recovering slightly. It was the lowest level since May 2008. … Continue reading BEIJING | China’s yuan sinks to 10-year low against dollar

Stocks shudder on Wall Street following steep drops overseas

U.S. stocks slumped broadly on Wall Street Tuesday, sending the Dow Jones Industrial Average down 200 points and extending the market’s recent string of losses. The latest selling came as investors grew unsettled by slowing economic growth in China and the growing costs of President Donald Trump’s aggressive trade policies. China’s economy grew 6.5 percent … Continue reading Stocks shudder on Wall Street following steep drops overseas

SALINAS, Calif. | California housing measures offer hope for high-cost Salinas

SALINAS, Calif.— Middle-school English teacher Maryam Powers doesn’t take vacations. To earn additional money, she picks up an extra period of teaching when she can and mentors new hires. But to afford the mortgage on a $330,000 three-bedroom home she purchased in Salinas in 2015, Powers still must rent out the master bedroom for $800 … Continue reading SALINAS, Calif. | California housing measures offer hope for high-cost Salinas

SAO PAULO | Brazil votes amid anger at the ruling class

SAO PAULO— Brazilians are choosing their leaders Sunday in an election marked by intense anger at the ruling class following years of political and economic turmoil, including what may be the largest corruption scandal in Latin American history. Many had thought that “throw-the-bums-out” rage would buoy the chances of an outsider and end the hegemony … Continue reading SAO PAULO | Brazil votes amid anger at the ruling class