Receive Breaking News updates as they occur
China and Japan's economies are expected to slow sharply over the next two years but Asian growth will remain strong as domestic demand takes up the slack from weak global trade, the IMF said Tuesday. Government stimulus measures, lower commodity prices and low unemployment will help drive regional expansion, the International Monetary Fund said, and called on leaders to push on with reforms. Since its previous outlook on the region in October, global markets have seen wild volatility, with worries over China's economy and plunging oil prices hammering shares in January and February, wiping trillions off valuations.
PITTSBURGH (AP) — Patric Hornqvist and Tom Kuhnhackl scored a minute apart in the first period, Matt Murray stopped 47 shots and the Pittsburgh Penguins took control of their Eastern Conference semifinal with a 3-2 win in Game 3 on Monday.