Intel plans to invest $5 billion to expand production at its Kiryat Gat plant in southern Israel, Israeli Economy Minister Eli Cohen said on Wednesday after talks with the US chipmaker.

The head of China's second-biggest e-commerce company, JD.com Inc, accused the United States on Wednesday of practising "serious" protectionism against Chinese firms and said this would ultimately backfire on the world's largest economy.

The US economy gathered speed in the second quarter of the year, growing at an annualised pace of 2.6%.

China's economy accelerated for a second-straight quarter as investment picked up, retail sales rebounded and factory output strengthened amid robust credit growth and further strength in property markets.

Will there be a trade war? Probably not, because protectionist measures would hurt the US economy and the Chinese are counting on it to be impractical.

Osram is focusing the business on semiconductors after the German Economy Ministry signed off on the sale of Ledvance to a Chinese consortium. After the disposal, the company's portfolio will center on automotive lighting as well as sensors and specialty LEDs.

China's economy grew by 6.7% in 2016, compared with 6.9% a year earlier, according to official data, marking its slowest growth since 1990.

The Reserve Bank of India acknowledged Wednesday that the country's ongoing cash shortage is hurting the economy.

Europe's largest economy grew by 0.2% between July and September, half the 0.4% rate seen in the previous three months.

Hitachi is preparing to unload operations in power tools and semiconductor fabrication equipment, further narrowing its focus and resources with the aim of bolstering earning power in an uncertain global economy.

The world's second-largest economy grew by 6.7% in the three months to the end of June, compared with the same period a year earlier.

Singapore is rushing to reinvent itself as Asia's financial technology, or fintech, hub to fend off a regulatory threat to its wealth management industry and revive a sluggish economy.

The Institute of Directors (IoD) surveyed 1,000 of its members and found that a quarter planned to freeze recruitment.

UKIP leader Nigel Farage hailed it as the UK's "independence day" but the Remain camp called it a "catastrophe."

Foreign investors are selling Japanese stocks at the fastest pace in years, as high hopes for "Abenomics" turn to disenchantment.

When Taiwan's new president takes the oath of office this week, two vital constituencies-one at home, the other across the strait in mainland China-will be listening hard, but for different things.

Chinese exports have seen their sharpest drop in almost seven years, adding to concerns over the health of the world's second largest economy.

Japan's GDP shrank by 1.4% in the last three months of 2015, the government said Monday, underlining the challenges for officials who have been trying for years to drag the world's third-largest economy out of stagnation.

The European Commission has cut its forecast for economic growth in the eurozone this year.

China's economy grew by 6.9% in 2015, compared with 7.3% a year earlier, marking its slowest growth in a quarter of a century.

Oil plummeted below $30 a barrel on Tuesday for the first time since December 2003.

The eurozone economy slowed in the three months to September as exports to large developing economies weakened, a development that makes it more likely the European Central Bank will expand its stimulus programs in December.

US retail sales rose less than expected in October amid a surprise decline in automobile purchases, suggesting a slowdown in consumer spending that could temper expectations of a strong pickup in fourth-quarter economic growth.

World stock markets face a turbulent open on Monday after the attacks in Paris on Friday night that killed 129.

China's decades-long economic boom, based on manufacturing for export, is now going in reverse. With orders in some Chinese manufacturing industries declining, the country is facing factory closures and massive worker layoffs.

Growth in China's investment and factory output in August has come in below forecasts, in a further indication that the world's second-largest economy is losing steam.

China's imports in August fell 14.3% in yuan-denominated terms from a year ago, while exports fell by 6.1%.

The People's Bank of China on Tuesday announced cuts to benchmark interest rates, lowering its lending and deposit rates by 0.25 percentage point.

Stock markets in London, Paris and Frankfurt have fallen sharply as fears of a Chinese economic slowdown continue to haunt investors.

China's Central Bank has again cut the guiding rate for the national currency, the yuan, a day after Tuesday's record 1.9% devaluation.

Taiwan's economy grew at the slowest pace in three years as exports collapsed amid weaker global demand and rising competition from regional rivals.

China has tried to calm investors by reassuring it will implement prudent monetary policy to stabilise markets.

Growth in the world's second largest economy, China, beat expectations in the second quarter, but it was still the weakest showing since the global financial crisis.

Tumbling markets and economic uncertainty in China pose a risk to major chipmakers such as Qualcomm that derive a big portion of their sales from the world's second-largest economy.

South Korea's government has proposed pumping billions of dollars into its economy as it struggles with falling exports and an outbreak of Middle East Respiratory Syndrome (Mers).

Growth in Asia's fourth largest economy, South Korea, fell to a six year low in the fourth quarter of 2014.

The International Monetary Fund has lowered its forecast for global economic growth for this year and next. The IMF now expects growth of 3.5% this year, compared with the previous estimate of 3.8% which it made in October.

Germany's falling exports come on the back of weaker figures for industrial orders

Investors are worried that combination of a global supply glut and weak demand could cause prices to tumble further.