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Economy News

RSS feedDisplaying articles 21 - 30 of most recent articles

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Zimbabwe's stock market main index falls in H1, further loses seen The Zimbabwe Stock Exchange's (ZSE) main index shed 13.7 percent and market capitalisation fell by $300 million during the first six months of the year, official data showed on Friday, as fewer foreign investors bought shares and the economy slowed d
Yahoo! News | 18 hours, 39 minutes ago | comment? | recommend
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Obama signs Puerto Rico debt relief bill US President Barack Obama on Thursday signed into law a bipartisan bill allowing Puerto Rico to restructure its $70 billion debt, just one day before the island would have careened into default. Obama signed the Puerto Rico Oversight, Management, and Econ
Yahoo! News | 18 hours, 58 minutes ago | comment? | recommend
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EU will ensure there's no 'cherry-picking' in Brexit negotiations: Gabriel BERLIN (Reuters) - The European Union will ensure that there is "no cherry-picking" in the negotiations to be held on Britain's exit from the bloc, German Economy Minister Sigmar Gabriel said in a letter to employees seen by Reuters on Frid
Yahoo! News | 20 hours, 21 minutes ago | comment? | recommend
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Abe's expected election win means more bullet trains for Japan, fewer deep reforms By Stanley White TOKYO (Reuters) - An election victory for Japan's ruling coalition this month could give Prime Minister Shinzo Abe a mandate to pursue bolder economic policies, but he's likely to choose big-ticket infrastructure items over more
Yahoo! News | 21 hours, 41 minutes ago | comment? | recommend
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China factory activity stalls in June, more stimulus expected By Elias Glenn BEIJING (Reuters) - Growth in China's manufacturing sector stalled in June, an official survey showed on Friday, adding to expectations that Beijing will have to roll out more stimulus soon to boost the sluggish economy. A similar surv
Yahoo! News | 23 hours, 46 minutes ago | comment? | recommend
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China factory activity slips again as slowdown weighs HONG KONG (AP) Chinese manufacturing deteriorated again last month, according to surveys released Friday, signaling further weakness in the world's No. 2 economy as it undergoes a prolonged slowdown.
Yahoo! News | Jul 1, 2016 03:28 AM [GMT] | comment? | recommend
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Japan clobbered by weak inflation, businesss confidence Japan was clobbered with a one-two punch Friday morning as weak data and a lacklustre business confidence report underscored the slowdown dragging on the world's number three economy. The poor readings will heap pressure on policymakers to unveil mor
Yahoo! News | Jul 1, 2016 01:57 AM [GMT] | comment? | recommend
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Mexico central bank boosts interest rate after Brexit Mexico's central bank raised its key interest rate by half a point to contain inflation and shore up the peso after its battering following Britain's decision to leave the European Union. Facing the prospect of "sluggish" global growth
Yahoo! News | Jul 1, 2016 01:00 AM [GMT] | comment? | recommend
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Sterling tumbles after dovish comments from BoE's Carney By Sam Forgione NEW YORK (Reuters) - The U.S. dollar gained against the sterling and the euro on Thursday, snapping two straight days of losses, after Bank of England Governor Mark Carney said he saw the need for more stimulus and a Bloomberg report hinte
Yahoo! News | Jun 30, 2016 7:50 PM [GMT] | comment? | recommend
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Global equities rise, bond yields subdued as more stimulus seen By Edward Krudy NEW YORK (Reuters) - World stock markets rose for a third day and bond yields hovered around record lows as investors expected more stimulus from central banks in the wake of Britain's vote to leave the EU and as the Bank of England r
Yahoo! News | Jun 30, 2016 6:48 PM [GMT] | comment? | recommend