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Economy News

RSS feedDisplaying articles 21 - 30 of most recent articles

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US housing price gains slow in July The S&P Case-Shiller price index for 20 major US cities recorded a 5 percent annual increase, down from 5.1 percent in June. Continued expansion in the housing sector coincides with market expectations that economic growth and low interest rates from
Yahoo! News | 23 hours, 7 minutes ago | comment? | recommend
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Namibia's economy contracts 1.2 percent in Q2 Namibia's economy shrunk by 1.2 percent in the second quarter of 2016 compared with a revised 3.4 percent expansion in the first three months of the year, data on the statistics agency's website showed on Tuesday. Construction, hospitality and m
Yahoo! News | Sep 27, 2016 1:13 PM [GMT] | comment? | recommend
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Worries over German banks sink bond issue, hit shares By Jonathan Gould FRANKFURT (Reuters) - Deutsche Bank shares hit a record low on Tuesday and state-backed lender NordLB scrapped plans for a 500 million euro ($560 million) bond sale, underlining investor concern about the health of the financial industry
Yahoo! News | Sep 27, 2016 12:41 PM [GMT] | comment? | recommend
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'Dramatic slowing' seen in global trade, as rhetoric rises The World Trade Organization dramatically slashed its forecast for trade growth this year by about a third to its lowest rate since 2009, when the global economy was mired in recession in the wake of the ...
Yahoo! News | Sep 27, 2016 11:58 AM [GMT] | comment? | recommend
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Futures rise after U.S. presidential debate (Reuters) - Stock futures pointed to a higher opening for Canada's main stock index on Tuesday as investors awarded the first U.S. presidential debate to Democrat Hillary Clinton over Republican Donald Trump. Markets have tended to see Clinton as the
Yahoo! News | Sep 27, 2016 11:52 AM [GMT] | comment? | recommend
Paris climate targets to cost Asia $300 billion a year, but will help save lives: research By Beh Lih Yi JAKARTA (Thomson Reuters Foundation) - Developing economies in Asia will have to spend $300 billion a year until 2050 to meet targets set by the Paris climate deal, but can expect to save thousands of lives and avoid worsening poverty if the
Yahoo! News | Sep 27, 2016 11:42 AM [GMT] | comment? | recommend
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South Africa's Capitec Bank cuts back lending to poorer workers By TJ Strydom JOHANNESBURG (Reuters) - South Africa's Capitec Bank warned on Tuesday that it was cutting back on lending to cash-strapped consumers from lower income groups as it posted a 19 percent rise in half-year profit on steady growth among mor
Yahoo! News | Sep 27, 2016 11:37 AM [GMT] | comment? | recommend
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Scotland says wants clarity on Brexit, warns of 'hard Brexit' risks Scottish First Minister Nicola Sturgeon said on Tuesday she wanted more clarity about the British government's position on leaving the EU and cautioned that a so called "hard Brexit" would hurt the economy. "I'm trying to be tactf
Yahoo! News | Sep 27, 2016 11:24 AM [GMT] | comment? | recommend
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Economic imbalances risk 'destabilising' euro zone: ECB's Draghi BRUSSELS/ROME (Reuters) - Economic imbalances within the euro zone risk destabilizing the currency bloc, top European Central Bank officials said on Monday, stressing the responsibility of governments to help boost growth while respecting EU rules. ECB Pr
Yahoo! News | Sep 27, 2016 11:12 AM [GMT] | comment? | recommend
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Britain says economy needs an infrastructure upgrade after political drama LONDON (Reuters) - Britain's economy needs an infrastructure and vocational education upgrade to deliver stability to businesses after months of political drama including the vote to leave the European Union, business secretary Greg Clark said on Tue
Yahoo! News | Sep 27, 2016 10:37 AM [GMT] | comment? | recommend