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Economy News

RSS feedDisplaying articles 21 - 30 of most recent articles

China stocks boosted by central bank action SEOUL, South Korea (AP) Shanghai stocks rose Monday after China's central bank announced a boost for the slowing Chinese economy. Other Asian markets drifted lower.
Yahoo! News | Apr 20, 2015 03:43 AM [GMT] | comment? | recommend
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Bank of Canada head sees no need now for more 'insurance': WSJ Bank of Canada Governor Stephen Poloz, who has described a shock January interest rate cut as "insurance", said in an interview he didn't see the need for more insurance now, the Wall Street Journal reported on its website on Sunday. "
Yahoo! News | Apr 20, 2015 03:00 AM [GMT] | comment? | recommend
Greek banks low on refinancing collateral, Noyer tells Le Figaro Greek banks may soon run out of collateral to access European Central Bank refinancing unless Athens reaches an agreement with the European Union and International Monetary Fund on economic reforms, France's central bank chief said. The remarks by Banque
Yahoo! News | Apr 19, 2015 9:46 PM [GMT] | comment? | recommend
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China's Xi heads to Islamabad to unveil $46 billion investment Chinese President Xi Jinping heads to Islamabad Monday for a rare visit to unveil a $46 billion investment plan that Pakistan hopes will end its chronic energy crisis and "transform" the country into a regional economic hub. With the plan, known
Yahoo! News | Apr 19, 2015 9:14 PM [GMT] | comment? | recommend
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Millionaire businessman wins Finland election By Anna Ercanbrack and Jussi Rosendahl HELSINKI (Reuters) - A millionaire former telecoms executive touted as a technocrat capable of rescuing Finland from economic slump won Sunday's parliamentary election, vote predictions showed, but he may need s
Yahoo! News | Apr 19, 2015 7:31 PM [GMT] | comment? | recommend
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Economic victory fails to deliver popularity boost for Hungary's Orban By Krisztina Than and Christian Lowe BUDAPEST/WARSAW (Reuters) - What should have been Hungarian Prime Minister Viktor Orban's finest hour may be becoming his darkest. Investors are turning positive again on Hungarian assets, vindicating Orban after
Yahoo! News | Apr 19, 2015 5:04 PM [GMT] | comment? | recommend
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Egypt to impose 8 pct import tariff on steel rebar - ministry Egypt will impose an eight percent import tariff on rebar - reinforced steel bars - for three years, the trade ministry said on Sunday, extending temporary tariffs introduced last year to protect the domestic industry. A ministry statement said Egypt woul
Yahoo! News | Apr 19, 2015 2:29 PM [GMT] | comment? | recommend
Factbox: Chinese RRR and interest rate changes BEIJING (Reuters) - China's central bank on Sunday cut the amount of cash that banks must hold as reserves, the second industry-wide cut in two months, adding more liquidity to the world's second-biggest economy to help spur bank lending and combat slowin
Yahoo! News | Apr 19, 2015 12:04 PM [GMT] | comment? | recommend
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China's Central Bank to cut bank reserve requirement BEIJING (AP) China's Central Bank said Sunday that it will cut its bank reserve requirement ratio by 1 percentage point to stimulate more lending into a slowing economy.
Yahoo! News | Apr 19, 2015 11:11 AM [GMT] | comment? | recommend
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S.Africa's Eskom cuts 1,000 MW of power as it battles to meet demand JOHANNESBURG (Reuters) - South African power utility Eskom imposed rolling electricity cuts for the eighth straight day on Sunday, cutting 1,000 megawatts (MW), of its strained grid. Africa's most advanced economy is facing its worst electricity cris
Yahoo! News | Apr 19, 2015 08:20 AM [GMT] | comment? | recommend