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Economy News

RSS feedDisplaying articles 11 - 20 of most recent articles

Juncker unveils 315-bn-euro plan to 'kickstart' EU economy New EU Commission chief Jean-Claude Juncker unveiled Wednesday an eagerly awaited 315-billion-euro investment plan to "kickstart" the economy, saying it would show the world that Europe was back in business after years of crisis. Juncker said th
Yahoo! News | 14 hours, 54 minutes ago | comment? | recommend
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EU's Juncker proposes $380 billion investment plan BRUSSELS (AP) Jean-Claude Juncker, the president of the European Union's executive branch, is proposing a 315-billion euro ($380 billion) investment plan to boost the bloc's flagging economy with some 21 billion coming from EU institutions.
Yahoo! News | 15 hours, 8 minutes ago | comment? | recommend
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South Africa's rand a touch firmer, but vulnerable to U.S. data JOHANNESBURG (Reuters) - South Africa's rand was slightly firmer against the dollar on Wednesday, taking its cue from Asian currencies, although it was likely to come under renewed pressure as signs of a U.S. economic recovery boosted the greenback.
Yahoo! News | 16 hours, 46 minutes ago | comment? | recommend
Asia shares rise on U.S. optimism, oil under pressure before OPEC By Shinichi Saoshiro TOKYO (Reuters) - Asian stocks edged up on Wednesday after upbeat U.S. economic growth data calmed investor anxiety over a deteriorating global outlook, while the Australian dollar languished near four-year lows against the dollar. Oi
Yahoo! News | 16 hours, 56 minutes ago | comment? | recommend
Japan's war on deflation faces its toughest battle As Japanese Prime Minister Shinzo Abe heads to the polls next month, the success of his war on deflation hinges on convincing people like 24-year-old Ryo Tatemichi to shrug off fears about the future and start spending. People are scared of spending their
Yahoo! News | 17 hours, 31 minutes ago | comment? | recommend
Egypt central bank seen keeping rates on hold amid nascent recovery CAIRO (Reuters) - Egypt's central bank is expected to keep interest rates on hold on Thursday as inflationary pressure continues to ease and policymakers seek to avoid stifling a nascent economic recovery in the most populous Arab nation. The economy has
Yahoo! News | 17 hours, 52 minutes ago | comment? | recommend
China considers suing 'economic fugitives' in the U.S., official says By Sui-Lee Wee BEIJING (Reuters) - China is considering suing people suspected of committing economic crimes who have fled to the United States and elsewhere with billions of dollars, an unusual step in a widening anti-graft campaign, a senior official sa
Yahoo! News | 17 hours, 53 minutes ago | comment? | recommend
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Asia stocks rise after US growth revised higher Asian stock markets mostly posted modest gains Wednesday as stronger U.S. growth was tempered by a less rosy outlook for China.
Yahoo! News | 18 hours, 45 minutes ago | comment? | recommend
Asian stocks mostly up after US data Asian markets were mostly higher Wednesday following better-than-expected US economic growth data and news that Germany had narrowly averted recession. The US Commerce Department said third-quarter growth came in at to 3.9 percent, up from a previous esti
Yahoo! News | 21 hours, 3 minutes ago | comment? | recommend
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Premier Li says China to speed up water conservation projects: Xinhua SHANGHAI (Reuters) - Chinese Premier Li Keqiang said China would accelerate water conservation projects to tackle its water shortage and bolster wider economic growth, the official Xinhua news agency said on Wednesday. China is set to launch 172 key water
Yahoo! News | 23 hours, 20 minutes ago | comment? | recommend