economy

Saudi government to spend 100 billion riyals on industry plan

Saudi government to spend 100 billion riyals on industry plan

Published 28/01/2019

RIYADH (Reuters) - The Saudi Arabian government will spend 100 billion riyals ($27 billion) in 2019 and 2020 as part of its industrial development program, [more…]

$1.5 trillion U.S. tax cut has no major impact on business capex…

$1.5 trillion U.S. tax cut has no major impact on business capex…

Published 28/01/2019

WASHINGTON (Reuters) - The Trump administration’s $1.5 trillion cut tax package appeared to have no major impact on businesses’ capital investment or hiring plans, according [more…]

Taiwan’s economy to slow in fourth quarter as exports falter:…

Taiwan’s economy to slow in fourth quarter as exports falter:…

Published 28/01/2019

TAIPEI (Reuters) - Taiwan’s economic growth probably slowed in the fourth quarter as the island’s technology exports were hit by softening global demand and fallout [more…]

China’s industrial profits shrink again in Dec. on weak prices, demand

China’s industrial profits shrink again in Dec. on weak prices, demand

Published 28/01/2019

BEIJING (Reuters) - Earnings at China’s industrial firms shrank for a second straight month in December, putting pressure on policymakers to support industries hurt by [more…]

Barclays lowers U.S. first quarter GDP growth view to 2.5 percent

Barclays lowers U.S. first quarter GDP growth view to 2.5 percent

Published 23/01/2019

NEW YORK (Reuters) - Barclays economists said on Wednesday they reduced their outlook on U.S. economic growth in the first quarter to an annualized rate [more…]

France will not put off planned asset sales: finance minister

France will not put off planned asset sales: finance minister

Published 14/01/2019

PARIS (Reuters) - The French government will not put off planned asset sales aimed at financing an innovation fund, French Finance Minister Bruno Le Maire [more…]

Euro zone unemployment unexpectedly falls to 10-year low

Euro zone unemployment unexpectedly falls to 10-year low

Published 09/01/2019

BRUSSELS (Reuters) - Unemployment in the euro zone unexpectedly fell in November to its lowest rate in more than ten years, official estimates released on [more…]

BoJ mulls unpleasant policy options if Fed puts rate hikes on hold

BoJ mulls unpleasant policy options if Fed puts rate hikes on hold

Published 09/01/2019

TOKYO (Reuters) - Worried by prospects of a pause in the U.S. interest rate hike cycle, the Bank of Japan is shifting focus towards a [more…]

Cuba sees 1.5 percent growth next year after hard 2018

Cuba sees 1.5 percent growth next year after hard 2018

Published 21/12/2018

HAVANA (Reuters) - Cuba’s economy grew 1.2 percent in 2018, below the government’s forecast, and is expected to expand 1.5 percent in 2019 despite falling [more…]