FILE PHOTO: A man rides his motorcycle past shipping containers at the Port of Shanghai February 14, 2011. The International Monetary Fund kept its growth forecasts for the world economy unchanged for this year and next, although it revised up growth expectati... More »
A man walks at Lujiazui financial district of Pudong in Shanghai, China July 17, 2017. China’s economy expanded faster-than-expected in the second quarter, setting the country on course to comfortably meet its 2017 growth target and giving policymakers room to... More »
FILE PHOTO – A one Euro coin is seen in this picture illustration taken in Rome, Italy July 9, 2015. The European Commission recommended on Wednesday the end of disciplinary procedures against Greece over its excessive deficit after improvements in its fiscal ... More »
Indonesia’s Finance Minister Sri Mulyani Indrawati speaks during the International Tax Conference in Jakarta, Indonesia, July 12, 2017. Indonesia will sharply lift its tax collection and work with other nations to develop new rules to tackle the “aggressive” t... More »
Incoming Philippine Central bank Governor Nestor Espenilla speaks during a news conference at the Bangko Sentral ng Pilipinas in Manila, Philippines May 9, 2017. REUTERS/Karen Lema The Philippines central bank is closely watching the rapid pace of domestic cre... More »
French President Emmanuel Macron leaves the polling station after voting in the first of two rounds of parliamentary elections in Le Touquet, France, June 11, 2017. REUTERS/Christophe Petit Tesson/Pool Standard & Poor’s is likely to raise its growth forecasts ... More »
FILE PHOTO: People walk in Omotesando shopping district in Tokyo, Japan May 17, 2017. REUTERS/Toru Hanai/File Photo Japan’s economic growth was much weaker in the first quarter than initially estimated, the Cabinet Office said, but analysts made light of the d... More »
Marine Le Pen, French National Front (FN) political party leader and candidate for French 2017 presidential election, attends a political rally in Pageas, France April 13, 2017. REUTERS/Stephane Mahe Far-right National Front presidential candidate Marine Le Pe... More »
FILE PHOTO: A steel-worker is pictured at a furnace at the plant of German steel company Salzgitter AG in Salzgitter, Lower Saxony on March 17, 2015. REUTERS/Fabian Bimmer/File Photo The German economy, Europe’s largest, picked up speed at the beginning of thi... More »
German Finance Minister Wolfgang Schaeuble before the weekly cabinet meeting in Berlin, Germany, April 5, 2017. REUTERS/Fabrizio Bensch German Finance Minister Wolfgang Schaeuble said in an interview published on Wednesday he would propose moderate tax cuts fo... More »
Workers work at a construction site in front of Shanghai’s financial district of Pudong in Shanghai, China March 27, 2017. REUTERS/Aly Song Developing Asia is on track to post its slowest annual growth in 16 years this year as it adjusts to China’s rebalancing... More »
China’s Premier Li Keqiang waves as he arrives for a news conference after the closing ceremony of China’s National People’s Congress (NPC) at the Great Hall of the People in Beijing, China, March 15, 2017. REUTERS/Thomas Peter Premier Li Keqiang said on Wedne... More »
China aims to cut taxes and fees for companies by 1 trillion yuan ($144.65 billion) this year, Premier Li Keqiang said Wednesday. More »
China’s Premier Li Keqiang gestures during a news conference after the closing ceremony of China’s National People’s Congress (NPC) at the Great Hall of the People in Beijing, China, March 15, 2017. REUTERS/Damir Sagolj China needs to relocate nearly 1 million... More »
China’s Premier Li Keqiang gestures during a news conference after the closing ceremony of China’s National People’s Congress (NPC) at the Great Hall of the People in Beijing, China, March 15, 2017. REUTERS/Jason Lee China will continue to push yuan exchange r... More »
New Zealand’s economy, which surged in 2016’s third quarter, likely cooled in the final three months, as heavy spring rain cut dairy production and a deadly earthquake struck. More »
People wait in line to enter the Nassau County Mega Job Fair at Nassau Veterans Memorial Coliseum in Uniondale, New York, U.S. October 7, 2014. REUTERS/Shannon Stapleton/File Photo U.S. job growth increased more than expected in February and wages rose steadil... More »
FILE PHOTO:Fireworks explode next to the Quadriga sculpture atop the Brandenburg gate during New Year celebrations in Berlin, Germany, January 1, 2017. REUTERS/Fabrizio Bensch/File Photo Over the years, euro zone economic growth has been a bit like the Sirens ... More »
Economic turnaround in Russia and Brazil may be tempting investors back to BRIC equity funds, with EPFR Global on Friday reporting such funds took in new cash for two weeks in a row for the first time in five months. More »
Emerging market equities have a spring in their step as an upswing in company profits extends a year-long 40 percent rally in the sector and allows investors to look past the threat of a global trade war. More »
People carry bags outside a shopping mall on the last day of Christmas shopping in Berlin December 23, 2014. REUTERS/Hannibal Hanschke The German economy quadrupled its growth rate to 0.4 percent in the fourth quarter of 2016 as higher state spending, rising p... More »
Workers walk to work during the morning rush hour in the financial district of Canary Wharf in London, Britain, January 26, 2017. REUTERS/Eddie Keogh Britain’s economy accelerated at the end of 2016 but growth for the whole year was weaker than previously thou... More »
FILE PHOTO – Containers are seen at Container Terminal 9 during sunset at Hong Kong’s Kwai Chung district September 7, 2012. REUTERS/Bobby Yip/File Photo Hong Kong handed out billions of dollars in tax cuts and poverty relief on Wednesday to reflate its econom... More »
Men walk toward the Bank of Japan (BOJ) building in Tokyo, Japan, September 21, 2016. REUTERS/Toru Hanai The likelihood of more monetary stimulus in Japan is diminishing, according to a Reuters poll of economists who were largely split on the central bank’s ne... More »
Pound coins are seen in front of a displayed EU flag in this picture illustration taken January 18, 2017. REUTERS/Dado Ruvic/Illustration The European Commission said on Monday that uncertainty about U.S. policies, Brexit and elections in Germany and France wo... More »
People walk on a street at Tokyo’s Ginza shopping district, Japan, February 12, 2017. REUTERS/Toru Hanai Japan’s economy grew for a fourth straight quarter in the final three months of last year as a weaker yen supported exports, but tepid private consumption ... More »
FILE PHOTO: German Chancellor Angela Merkel addresses the media at the Chancellery in Berlin, Germany, January 18, 2017. REUTERS/Fabrizio Bensch/File Photo A serious challenger to German Chancellor Angela Merkel is forcing global investors to parse another pot... More »
The logo of Mondelez International is pictured at the company’s building in Zurich November 14, 2012. T REUTERS/Michael Buholzer The number of U.S. companies using a budgeting tool made famous in the 1970s by former U.S. President Jimmy Carter is surging as th... More »
A security guard keeps watch on the Bund in front of the financial district of Pudong in Shanghai, China October 19, 2016. REUTERS/Aly Song China’s economic growth in 2016 was expected to be around 6.7 percent, Xu Shaoshi, director of the National Development ... More »
An employee works at a steel factory in Dalian, Liaoning Province, China, June 27, 2016. REUTERS/Stringer China’s economic growth could slow to 6.5 percent this year from about 6.7 percent in 2016, a government-run think tank said on Tuesday, while suggesting ... More »
Argentina declared $97.842 billion in assets by the completion of a second phase of a tax amnesty program that ended on Dec. 31, the government said on Monday. More »
Workers leave a construction site at the end of their shift in Beijing, China December 6, 2016. REUTERS/Thomas Peter China’s economy will grow around 6.5 percent in 2017, while the yuan CNY=CFXS will continue to fall, government researchers said in Beijing on ... More »
Greek Finance Minister Euclid Tsakalotos delivers a speech during a parliamentary session before a budget vote in Athens, Greece, December 10, 2016. REUTERS/Alkis Konstantinidis Greek Finance Minister Euclid Tsakalotos on Thursday defended Athens’ plans to pay... More »
Employers work at a construction site for an offshore oil platform in Qingdao, Shandong province, China, December 1, 2016. Picture taken December 1, 2016. REUTERS/Stringer China should set an economic growth target of around 6.5 percent for 2017, although it i... More »
A container ship is loaded at a terminal in the harbour of Hamburg, Germany September 23, 2012. REUTERS/Fabian Bimmer/File Photo Britain’s decision to leave the European Union, unpredictable U.S. policy under president-elect Donald Trump, and political uncerta... More »
German Finance Minister Wolfgang Schaeuble takes questions from reporters during a press conference with Chinese Finance Minister Lou Jiwei (not pictured) at the annual meetings of the IMF and World Bank Group in Washington October 7, 2016. REUTERS/James Lawle... More »
A Union flag flies next to the flag of the European Union in Westminster, London, Britain, June 24, 2016. REUTERS/Toby Melville/File Photo A British think-tank said on Monday it planned to take legal action over whether the government can take Britain out of t... More »
U.S. President elect Donald Trump speaks at election night rally in Manhattan, New York, U.S., November 9, 2016. REUTERS/Mike Segar/File Photo After Donald Trump’s unexpected victory in the U.S. presidential election, investors may refocus in the coming week o... More »
The headquarters of the European Central Bank (ECB) are illuminated with a giant euro sign at the start of the ”Luminale, light and building” event in Frankfurt, Germany, March 12, 2016. EUTERS/Kai Pfaffenbach/File Photo Euro zone states should implement struc... More »
A worker stands on a floor of a building under construction as he waits for a crane to deliver materials in central Sydney, Australia, June 1, 2016. REUTERS/David Gray Australia is forecast to enjoy at least another two years of solid economic growth, extendin... More »
China’s national flag is seen in front of cranes on a construction site at a commercial district in Beijing, China, January 26, 2016. REUTERS/Kim Kyung-Hoon China’s economic growth is expected to cool to 6.6 percent this year and slow further to 6.5 percent in... More »
A woman walks past a luxury boutique in a shopping district in Tokyo, Japan, September 29, 2016. REUTERS/Toru Hanai Japan’s retailers are forecasting a gloomy end to the year, as persistent economic malaise and a lack of wage growth eat away at consumer confid... More »
By Leika Kihara and Tetsushi Kajimoto | TOKYO TOKYO Japan’s economic growth ground to a halt in April-June as weak exports and shaky domestic demand prompted companies to cut spending, putting fresh pressure on premier Shinzo Abe to come up with policies that ... More »
TOKYO Japanese Finance Minister Taro Aso said on Monday that downbeat gross domestic product data for the second quarter was due to weak consumer spending and falling exports. Aso told reporters after a cabinet meeting that the government had already compiled ... More »
BERLIN The German economy lost some growth momentum in the second quarter after a strong performance in the first three months of the year, the Economy Ministry said on Thursday, citing weaker private consumption and weaker-than-expected construction. It added... More »
NUSA DUA, Indonesia The Federal Reserve should be cautious on interest rate increases due to lingering risks to the U.S. economy, one of its most influential policymakers said on Monday, appearing to signal the chance of a hike by the end of the year was fadin... More »
BRUSSELS Economic growth in the euro zone slowed in the second quarter as uncertainty before the British vote to leave the European Union swirled, data showed on Friday, and economists said it could be a sign of future weaker growth. Gross domestic product (GD... More »
FRANKFURT Central banks from Washington to Tokyo take center stage next week, although policymakers are likely to remain cautious as they wait for the dust to settle from Britain’s shock vote to leave the EU. As they wait for political reassurances and greater... More »
SEOUL South Korea’s economic growth was expected to show little improvement over April-June versus the first quarter in sequential terms, a Reuters poll found on Monday, as weak exports and capital investment continue to undermine growth. The economy was expec... More »
FRANKFURT European Central Bank President Mario Draghi is likely to plead for governments to do more to boost the euro zone’s economy in the coming week as the fallout of Britain’s vote to leave the EU and weaker global growth threaten the bloc’s fragile recov... More »
DUBAI Growth in Saudi Arabia’s non-oil gross domestic product is expected to slow to 2.8 percent in 2016 from 3.4 percent in 2015, Saudi central bank governor Ahmed al-Kholifey told state television station Ekhbariya. Kholifey, speaking in an interview broadca... More »
LONDON Sterling is likely to fall by a fifth in the immediate aftermath of a British vote to leave the European Union on June 23, triggering intense inflation pressure, Britain’s National Institute of Economic and Social Research said on Tuesday. NIESR, an aca... More »
BEIJING China’s economy is likely to grow between 6.6 percent and 6.8 percent in 2016, the Shanghai Securities News said quoting the Chinese Academy of Social Sciences (CASS). The forecast was made in the think-tank’s Blue Book on China’s economy that was rele... More »
BENGALURU/SYDNEY Asian factories barely grew in April and those in the euro zone did little better despite heavy discounting, setting a sluggish tone on Monday for the global economy in the second quarter. Japanese manufacturing activity shrank last month at t... More »
BRUSSELS/BERLIN Overcoming years of poor health and crisis, the euro zone economy grew at its fastest pace in five years in the first quarter, driven by unlikely stars such as France and Spain. It now stands larger that in did at its peak before the financial ... More »
BEIJING China’s economy expanded a seasonally-adjusted 1.1 percent in the first quarter of 2016 from the fourth quarter of last year, National Bureau of Statistics data showed, the lowest quarterly expansion on record since 2010. The slower-than-expected quart... More »
JAGODINA, Serbia Ultra-nationalists are set to return to Serbia’s parliament in an April 24 election after an absence of several years, boosted by growing discontent with Prime Minister Aleksandar Vucic’s pro-European Union stance and austerity policies. They ... More »
FRANKFURT Almost a month after stoking a divisive debate about how far it should go in pumping money into the flagging euro zone economy, the European Central Bank is trying to soothe relations with Germany after unusually strong criticism from Berlin. Late la... More »
LIMA Keiko Fujimori, the daughter of a jailed former president, led Peru’s election on Sunday but she likely faces a tight run-off against centrist economist Pedro Pablo Kuczynski in a vote that would protect the country’s free-market economic model. Fujimori,... More »
CAIRO Egypt promised tough action to restore growth on Sunday with a government program that aimed to reduce the budget deficit while protecting the poor as public anger mounts over a deteriorating economy. Prime Minister Sherif Ismail, reading out a 79-page p... More »
TORONTO Prem Watsa, the head of Fairfax Financial Holdings (FFH.TO) and a well known contrarian investor, said on Friday he is concerned about the global economy, pointing to record low bond yields and limited policy levers left in the hands of central bankers... More »
NEW DELHI India will release data on Monday showing it remains one of the fastest growing economies in the world, but economists are struggling to reconcile that rosy picture with ground realities like weak exports, investment, and flat corporate order books. ... More »
LONDON Global markets have been in turmoil since the start of the year, with stocks and commodities prices reeling, eroding inflation and making central banks increasingly dovish – a trend that could continue with more weak economic data. China, a focus of muc... More »
DAVOS, Switzerland Politicians and business leaders gathering in the Swiss Alps this week face an increasingly divided world, with the poor falling further behind the super-rich and political fissures in the United States, Europe and the Middle East running de... More »
BEIJING China’s economic growth in the fourth quarter slowed to the weakest since the financial crisis, adding pressure on a government that is struggling to restore the confidence of investors after perceived policy missteps jolted global markets. Concerns ab... More »
SHANGHAI China will face great difficulty in achieving economic growth above 6.5 percent over the 2016-2020 period due to slowing global demand and rising labor costs at home, the China Securities Journal quotes a top state adviser as saying. Li Wei, president... More »
BENGALURU/NEW YORK The global economy finished last year on a fragile footing, with factory activity in China shrinking for the 10th month running in December, while euro zone manufacturing picked up but U.S. activity slowed. Coming on a day of volatility in A... More »
SHANGHAI China’s economy will likely grow at or above 6.5 percent next year, an official think-tank said in a report in the China Securities Journal on Monday. The country’s consumer price index (CPI) will rise about 1.5 percent, government think-tank the Stat... More »
FRANKFURT The European Central Bank looks set to continue to support the economy as the euro zone’s upswing broadens and strengthens, Eurogroup chief Jeroen Dijsselbloem said on Thursday. “The ECB has been accommodative … supportive for the economic recovery a... More »
TOKYO Japan slipped into its fourth technical recession in five years between July and September – spotlighting how the government’s “Abenomics” policies have struggled to drag the economy out of chronic stagnation. Official data on Monday showed the world’s t... More »
PARISGlobal trade flows have fallen dangerously close to levels usually associated with a global recession, although actions taken by China and others should ensure a pick-up in 2016, the OECD said in a report on Monday. The Paris-based Organisation for Econom... More »
LONDONEuro zone private business growth remained tepid last month but activity in China’s services industry expanded at its fastest pace in three months, easing concerns about persistent weakness in its economy, surveys showed on Wednesday. There was little si... More »
TOKYO Japan’s economy is expected to have slowed sharply in the third quarter as demand across Asia ebbed, keeping the Bank of Japan and policymakers under pressure to inject more stimulus to revitalize growth, a Reuters poll found. The poll of 21 economists p... More »
BEIJING China’s economic growth dipped below 7 percent for the first time since the global financial crisis on Monday, hurt partly by cooling investment, raising pressure on Beijing to further cut interest rates and take other measures to stoke activity. The w... More »
BEIJING China’s economy will maintain stable growth in the future, a spokesman for the National Bureau of Statistics said on Monday, after growth eased to the slowest since the global financial crisis. China’s exports face increased downward pressure and the g... More »
BEIJING China’s economic growth eased to 6.9 percent in the third quarter from a year earlier, beating expectations but still the slowest since the global financial crisis, putting pressure on policymakers to roll out more support measures as fears of a sharpe... More »
SEOUL South Korea’s central bank chief said on Monday economic growth this year will be near the 2.8 percent level the bank had forecast in July. The central bank will revise its forecasts later this month. “Domestic consumption is considered to be in recovery... More »
MUMBAI The Reserve Bank of India is expected cut its key repo rate to a four-year low on Tuesday to help support the domestic economy at a time when consumer inflation is at a record low, but may express caution about easing further as price risks still loom. ... More »
FRANKFURT The U.S. Federal Reserve takes center stage in the coming week, eclipsing industry data from China, another grim inflation reading from the euro zone and rate decisions in Japan and Switzerland. Guessing whether the Fed hikes rates on Thursday or opt... More »
BEIJING China has revised its annual economic growth rate in 2014 to 7.3 percent from the previously released figure of 7.4 percent, the National Bureau of Statistics said on Monday. Gross domestic product stood at 63.6 trillion yuan ($10.00 trillion) last yea... More »
LONDON China’s giant manufacturing industry contracted and euro zone and U.S. growth eased in August in data published on Tuesday, while the International Monetary Fund cut its forecast for world growth this year. Stocks on major markets tumbled along with com... More »
ACCRA Ghana faced down the first major challenge to an IMF austerity program on Monday when doctors suspended a three-week strike but a bigger test of President John Mahama’s commitment will come next year as he fights for reelection. The International Monetar... More »
LONDON/SYDNEY Economic headwinds facing Chinese manufacturers intensified last month, with conditions deteriorating to their weakest level in two years, while euro zone factories largely shrugged off Greece’s brush with bankruptcy. July was a fraught month for... More »
LONDON/NEW YORK The global economy started the second half of the year on shaky ground with China’s factory sector activity contracting in July at the fastest pace in 15 months and euro zone manufacturing weaker than expected, although U.S. activity picked up.... More »
