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Economy News

RSS feedDisplaying articles 11 - 20 of most recent articles

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China economy stronger than data suggests: government By Aileen Wang and Adam Rose BEIJING (Reuters) - China's economy is doing better than official data suggests, the Commerce Ministry said a day after figures showed growth at an 18-month low, adding that targets for exports and imports this year shoul
Yahoo! News | 15 hours, 23 minutes ago | comment? | recommend
Asia stocks fail to match Wall Street gains HONG KONG (AP) Asian stock markets were mostly lower Thursday, with Japan's Nikkei leading the retreat as investors locked in profits after a strong rally.
Yahoo! News | 17 hours, 38 minutes ago | comment? | recommend
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Canny Australians build a bulwark out of housing debt By Wayne Cole SYDNEY (Reuters) - The adage "safe as houses" has been an oxymoron since the global financial crisis. It's a distinctive feature of the Australian housing market that gives borrowers a vital buffer should the economy take a tu
Yahoo! News | 17 hours, 47 minutes ago | comment? | recommend
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Google, IBM results raise questions about other tech-sector companies By Alexei Oreskovic and Noel Randewich SAN FRANCISCO (Reuters) - Disappointing results from Google Inc and IBM may unnerve investors shaken by a strong recent selloff in tech stocks, underscoring the challenges the Internet and IT sectors face as corporat
Yahoo! News | 19 hours, 50 minutes ago | comment? | recommend
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Brazil's leader holds wide lead six months from election: survey Despite a mushrooming scandal at state-run oil company Petrobras and bad news on the economic front, Brazil's President Dilma Rousseff is still the hands-down favorite to win the elections in October, according to a new poll on Wednesday. The survey
Yahoo! News | 21 hours, 52 minutes ago | comment? | recommend
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Detroit pension deal approved by one retirement system (Reuters) - The board of Detroit's General Retirement System on Wednesday approved economic terms of a settlement with the city that include cuts to pension benefits, putting in place another key component of Detroit's effort to exit bankruptcy
Yahoo! News | 23 hours, 35 minutes ago | comment? | recommend
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Canadians bid farewell to Jim Flaherty, former finance minister By Cameron French TORONTO (Reuters) - Canada's political elite and hundreds of well-wishers paid final respects to former Finance Minister Jim Flaherty at a state funeral on Wednesday, with Prime Minister Stephen Harper depicting Flaherty as a man wh
Yahoo! News | 23 hours, 59 minutes ago | comment? | recommend
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China's Xi purging corrupt officials to put own men in place: sources By Benjamin Kang Lim and Megha Rajagopalan BEIJING (Reuters) - Chinese President Xi Jinping plans to use a purge of senior officials suspected of corruption to put his own men and reform-minded bureaucrats into key positions across the Communist Party, th
Yahoo! News | Apr 16, 2014 9:06 PM [GMT] | comment? | recommend
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Rapper Jay Z brings 'Made in America' music fest to Los Angeles By Piya Sinha-Roy LOS ANGELES (Reuters) - Rapper Jay Z joined Los Angeles Mayor Eric Garcetti on Wednesday to announce that his music festival, "Budweiser Made in America," will be coming to downtown Los Angeles in August, giving the annual musi
Yahoo! News | Apr 16, 2014 8:18 PM [GMT] | comment? | recommend
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American Express profit rises 12 percent (Reuters) - American Express Co reported a 12 percent rise in quarterly profit as its credit-card customers spent more in a recovering U.S. economy. The world's biggest credit card issuer's net income rose to $1.43 billion, or $1.33 per share, f
Yahoo! News | Apr 16, 2014 8:13 PM [GMT] | comment? | recommend