Tag Archives: economic growth


China confident of keeping 2019 growth within ‘appropriate range̵...

01 January, 2019 9:06 am 9:06 am

SHANGHAI (Reuters) – China is fully confident that it is capable of keeping its economic growth rate within an appropriate range in 2019 in spite of challenges, state news agency Xinhua reported . “China’s economy has enough resilience, potential and Read More

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Oil prices dip on signs of economic slowdown, but OPEC-led cuts provide sup...

01 January, 2019 8:16 am 8:16 am

SINGAPORE (Reuters) – Oil prices dipped on Wednesday on increasing signs of a global economic slowdown, although OPEC-led supply cuts helped support Brent crude above $60 per barrel. International Brent crude oil futures LCOc1 were at $60.46 per barrel at Read More

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May warns of catastrophe if lawmakers don’t back Brexit deal

01 January, 2019 8:16 am 8:16 am

LONDON (Reuters) – British Prime Minister Theresa May has warned lawmakers that failure to back her plan to leave the European Union would be catastrophic for Britain, in a plea for support two days ahead of a vote in parliament Read More

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Japan’s Abe says vigilant to global economic risks clouding recovery

01 January, 2019 10:58 am 10:58 am

TOKYO (Reuters) – Japan’s government will keep a close eye on looming risks to a global economic recovery as it guides policy, Prime Minister Shinzo Abe said in an interview aired by public broadcaster NHK on Sunday. Signs of slowing Read More

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Golden years are over for German tax revenues: Finance Minister Scholz

01 January, 2019 8:41 am 8:41 am

BERLIN (Reuters) – The golden years of German tax revenues regularly exceeding expectations are ending, Finance Minister Olaf Scholz told newspaper Bild am Sonntag. Germany has enjoyed a surplus since 2014 as the European Union’s largest economy has grown for Read More

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Trade wars cost US, China billions of dollars each in 2018

12 December, 2018 8:20 am 8:20 am

CHICAGO (Reuters) – The US-China trade war resulted in billions of dollars of losses for both sides in 2018, hitting industries including autos, technology – and above all, agriculture. Broad pain from trade tariffs outlined by several economists shows that, Read More

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Oil plunges 6 percent as economic slowdown fears grip market

12 December, 2018 2:32 pm 2:32 pm

NEW YORK (Reuters) – Oil prices plunged more than 6 percent to the lowest level in more than a year on Monday, pulling back sharply late in the session as fears of an economic slowdown rattled the market. US crude Read More

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As FAANG stocks falter, fund managers make bets on survivors

12 December, 2018 10:19 am 10:19 am

NEW YORK (Reuters) – A bear market in the so-called FAANG stocks – Wall Street’s most popular trade going into the year – is pushing fund managers into searching for the next big growth companies that can lead the overall Read More

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Global growth worry hits stocks, but US data lifts dollar

12 December, 2018 9:07 am 9:07 am

NEW YORK (Reuters) – A gauge of global stocks tumbled after weak economic data from China and Europe intensified global growth worries as investors weighed the broader impact of the trade dispute between the United States and China. Euro zone Read More

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Global shares mixed as trade worries loom; oil surges

12 December, 2018 9:33 am 9:33 am

NEW YORK (Reuters) – Concerns over China-US trade tensions gave European shares their worst week of losses in two months and sank US stocks , overshadowing the lift from higher oil prices and jobs data. While Europe was higher on Read More

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Brexit deal is best option to protect British economy: Hammond

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

EDINBURGH (Reuters) – Britain’s draft deal to leave the European Union is the best available solution to safeguard the economy and start to reunite a divided country, Chancellor Philip Hammond said on Saturday. Prime Minister Theresa May is due to Read More

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German minister looks to tax cuts as economy contracts

11 November, 2018 9:21 am 9:21 am

BERLIN (Reuters) – Germany needs a package of tax cuts and other measures to shore up economic growth in the long term, Economy Minister Peter Altmaier said in an interview published on Sunday, days after the country posted its first Read More

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Dollar, US yields slide on Fed official rate talk

11 November, 2018 8:57 am 8:57 am

NEW YORK (Reuters) – The US dollar weakened and Treasury yields slid after a top Federal Reserve official said US interest rates were near a neutral rate, while the S&P 500 ended positive after a seesaw session helped by optimism Read More

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Dollar keeps to tight ranges as investors brace for US elections

11 November, 2018 9:45 am 9:45 am

TOKYO (Reuters) – The dollar stuck to tight ranges against its major rivals on Tuesday as investors favoured caution ahead of US midterm elections later in the day. The US congressional election is widely expected to boost the Democratic Party, Read More

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Asian shares fall on trade, Fed rate hike fears, pound hits 2-week top

11 November, 2018 9:49 am 9:49 am

SYDNEY (Reuters) – Asian stocks were hammered on Monday as fears of faster rate hikes in the United States and uncertainty around the Sino-US trade war dented risk sentiment, while sterling jumped to two-week highs on hopes of an orderly Read More

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