Tag Archives: ecomonic growth

Oil tumbles on oversupply concerns, sinking world stocks

11 November, 2018 8:41 am 8:41 am

NEW YORK (Reuters) – Oil prices plunged on concerns about oversupply, sending world stock markets lower as lagging energy shares weighed down Wall Street. Both Brent and US crude fell to their lowest levels since October 2017 and were on course for their biggest one-month decline since late 2014. Although the Organization of the Petroleum … Read More

Japan retail sales growth slows, likely a drag on third quarter GDP

10 October, 2018 8:39 am 8:39 am

TOKYO (Reuters) – Japan’s retail sales rose for an 11th consecutive month in September from a year earlier but the pace of gains slowed from the prior month, in a sign private consumption may not be strong enough to avoid a broader slowdown in economic growth. The trade ministry’s figures followed data that showed an … Read More