South Korea downplays impact of slowing U.S. economy
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South Korea will be able to avoid a sharp   drop in the economy even if the U.S. economy slows down next   year, thanks to growth in big regions such as Japan, China and   the euro zone, the nation's finance minister said on Tuesday.
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A slowdown in the U.S. economy will likely drag on global growth next year, economists predict, but Asia and Europe are expected to remain fairly resilient amid signs of healthy consumer demand.
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The U.S. economy will slow sharply this year and fall behind growth rates in most of the world, according to forecasts in a U.N. report released Wednesday.
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While the U.S. economy is at some  risk of a slowdown, it will probably avoid a recession, and any  downturn is unlikely to be severe, Dallas Fed President Richard  Fisher said on Thursday.
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EMERYVILLE, California  - A slowdown could keep   the U.S. economy from growing at a sustainable pace into   sometime next year, San Francisco Federal Reserve President   Janet Yellen said on Tuesday.
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TORRANCE, California  - President George W. Bush said on Wednesday the U.S. economy is slowing but is resilient and would overcome problems as it has in the past, following a government report showing growth slumped at the end of last year.
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Seoul shares briefly hit a record on  Monday but then headed lower as exporters fell after China  raised interest rates and on worries that troubles in U.S.  subprime mortgages would hurt the world&#39;s largest economy.
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U.S. Treasury Secretary Henry Paulson said on Tuesday a decline in U.S. housing activity has caused some damage in subprime mortgage markets but was not hurting the overall economy.
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The U.S. economy will be penalized by the current crisis in credit markets but the overall outlook was still benign, U.S. Treasury Secretary Henry Paulson said in a newspaper interview published on Thursday.
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A weakening U.S. housing market and  a steady flow of Americans seeking jobless benefits will help  lead to a slowed economy over the coming months, data released  on Thursday showed.
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Business & money: US will bear brunt of slowdown in economic growth, global stability report says.
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A draft of a statement to be issued at  the G7 finance ministers' meeting this week says the U.S.  economy is moving toward a sustainable growth path but does not  yet contain any references to currencies, Kyodo news agency  reported on Tuesday.
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Continued robust expansion in developing countries will help offset a slowdown in the United States this year amid concerns of a possible recession in the world's largest economy
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The U.S. economy is slowing but the  outlook is benign, while Japan is poised for its longest  post-war growth spell, OECD chief Angel Gurria said on  Thursday.
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South Korea's economic growth accelerated in the fourth quarter on strength in exports and manufacturing, the Bank of Korea said Friday, with economists expressing optimism the country can weather a possible global slowdown.
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Treasury Secretary Henry Paulson on  Friday said that it will take time to work through the problems  contributing to current financial market turmoil but expressed  confidence U.S. growth will not be derailed.
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TOKYO -- As the United States frets noisily about a recession, Japan is quietly enduring a far more fundamental economic slide, one that seems irreversible.