Mention exchange rates and most Canadians will immediately assume U.S. dollars. With most of our trade still denominated in USD, the fixation is natural. China is seen by many as an upcoming reserve currency, but that day is still a long way off. On both Canadian and world stages, the greenback still takes the lead role. But as we move into the next growth cycle, others will play increasingly significant supporting roles.

Weakness in the developing world has had an ugly recent effect: vibrant Asian economies wilted over the summer months, and now face a less certain path in the months ahead. Vaunted as a key engine of the world economy, Asian economic powerhouses are now contributing to the pervasive sense of global gloom. Will Asia self-start, or will re-ignition require a boost from another battery?

Economists often can’t agree on where the economy will be headed next week, let alone where it will be 38 years from now, so predictions about the s...

We had some not so friendly news hit the wires this week regarding China. The world's largest consumer of things from the ground and largest sibling in the Asian region recorded slower-than-expected GDP growth for the second quarter: 7.6 per cent. This is the sixth straight quarter in which growth has decelerated and represents a half a per cent decline from the growth seen in Q1.

BEIJING, China - China cut its benchmark lending rate Thursday for the first time in nearly four years, adding to efforts to reverse a sharp economic ...

MUMBAI, India - A skyscraper building boom in China and India may be a sign of an impending economic correction in two of Asia's largest economies, ac...

SHANGHAI - Signs that the powerhouse Chinese economy is slowing have spooked global markets and sharpened fears that the world economy will not escape...

THE CANADIAN PRESS -- BEIJING, China - At first, it looks like a sleek Apple store. Sales assistants in blue T-shirts with the company's logo chat to ...