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Economy News

RSS feedDisplaying articles 21 - 30 of most recent articles

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As disaster risks rise, 20 vulnerable nations get help to prepare By Megan Rowling ISTANBUL (Thomson Reuters Foundation) - A new scheme launched by U.N. agencies, the World Bank and countries most vulnerable to climate change on Tuesday is seeking funding of up to $130 million to help 20 at-risk nations prepare better f
Yahoo! News | 22 hours, 27 minutes ago | comment? | recommend
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Japan, Canada share 'serious concerns' on South China Sea: PM Abe Japan and Canada share "serious concerns" over reclamation and militarization in the South China Sea, Japanese Prime Minister Shinzo Abe said on Tuesday, in an apparent reference to China's maritime activity. China and the United States hav
Yahoo! News | 22 hours, 40 minutes ago | comment? | recommend
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C$ pares losses against greenback as oil rises Higher oil prices helped the Canadian dollar reduce its losses against its broadly firmer U.S. counterpart after the currency weakened to a seven-week low on Tuesday. The loonie has fallen 5 percent from its 10-month high of C$1.2461 on May 3, pressured b
Yahoo! News | 22 hours, 58 minutes ago | comment? | recommend
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Nigeria FX reserves down 2.7 pct as markets eye rate decision Nigeria's forex reserves fell 2.7 percent to $26.56 billion by May 20 from a month earlier, central bank data showed, as analysts awaited a rate decision on Tuesday, which many believe could include a revamp of exchange rate policy. Analysts are expe
Yahoo! News | May 24, 2016 12:41 PM [GMT] | comment? | recommend
G7 statement: Finance ministers agreed to avoid competitive devaluation Finance leaders of the Group of Seven (G7) advanced economies reaffirmed existing exchange-rate pacts, including not targeting exchange rates and avoiding competitive currency devaluation, an official summary released on Tuesday showed. The G7 countries a
Yahoo! News | May 24, 2016 12:07 PM [GMT] | comment? | recommend
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Futures trade slightly higher (Reuters) - Canada's main stock index was set to open modestly higher on Tuesday, with June futures on the S&P TSX index up 0.12 percent at 7:40 a.m. ET. The market was closed for a holiday on Monday. Canada's main stock index rose on Friday
Yahoo! News | May 24, 2016 12:02 PM [GMT] | comment? | recommend
Philippines says Malaysian Navy detains three fishermen in South China Sea A Malaysian naval patrol detained three Philippine fishermen for encroaching in territorial waters in the disputed Spratlys this month, the Philippine military said on Tuesday, in what may be the first such incident involving Southeast Asian neighbors. Ma
Yahoo! News | May 24, 2016 11:54 AM [GMT] | comment? | recommend
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Bank of England policymakers appear before parliament Bank of England Governor Mark Carney and Monetary Policy Committee members Ben Broadbent, Gertjan Vlieghe and Martin Weale are appearing in front of parliament's Treasury Select Committee to answer questions. The focus of the questions was on issues
Yahoo! News | May 24, 2016 11:39 AM [GMT] | comment? | recommend
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Kenya's central bank sees 2016 growth up, current account deficit down By George Obulutsa NAIROBI (Reuters) - Kenya's central bank governor said on Tuesday the economy was expected to expand by 6 percent in 2016 after 5.6 percent growth last year, while the current account deficit was expected to narrow to 5.5 percent o
Yahoo! News | May 24, 2016 11:33 AM [GMT] | comment? | recommend
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German investors spooked by Brexit fears Investor confidence in Germany fell unexpectedly in May as uncertainty over a possible exit by Britain from the European Union overshadowed strong growth data, a leading survey showed on Tuesday. The investor sentiment index calculated by the ZEW economic
Yahoo! News | May 24, 2016 10:20 AM [GMT] | comment? | recommend