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Economy News

RSS feedDisplaying articles 31 - 40 of most recent articles

Bundesbank chief says ball in Athens' court over bailout Greece's European partners cannot simply buy it more time to calm financial markets and it is up to the government in Athens to stabilize the Greek economy, Bundesbank chief Jens Weidmann has told Reuters. Greek Prime Minister Alexis Tsipras's leftist gov
Yahoo! News | May 22, 2015 10:10 AM [GMT] | comment? | recommend
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Obama boosts support, elevates status for ally Tunisia By Roberta Rampton WASHINGTON (Reuters) - President Barack Obama on Thursday pledged to elevate Tunisia as a major non-NATO ally of the United States, a gesture that recognizes the country's democratic progress after the 2011 Arab Spring uprising. Th
Yahoo! News | May 22, 2015 09:59 AM [GMT] | comment? | recommend
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Eurozone outlook 'brightest in seven years', says ECB chief The economic skies above Europe are clearing after the long years of crisis and governments should take advantage of this to get their economies in order, European Central Bank president Mario Draghi said on Friday. "The economic outlook for the euro
Yahoo! News | May 22, 2015 09:28 AM [GMT] | comment? | recommend
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China margin trading balance balloons to record high Chinese investors' borrowing to trade on the country's stock markets -- the force behind their extraordinary recent performance -- has surpassed 2 trillion yuan for the first time, figures showed Friday, highlighting the risks in the rally. Data
Yahoo! News | May 22, 2015 08:15 AM [GMT] | comment? | recommend
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Ethiopia's economy to grow 10.5 percent in 2015/16: World Bank By Drazen Jorgic ADDIS ABABA (Reuters) - Ethiopia's economy is expected to grow by 9.5 percent this fiscal year ending June before accelerating to 10.5 percent in 2015/16, the World Bank said on Friday, adding inflation will remain in single digits d
Yahoo! News | May 22, 2015 07:30 AM [GMT] | comment? | recommend
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Bank of Ghana pays 23.47 pct yield for 3-year bond Ghana accepted 502.1 million cedis' ($124.9 million) worth of bids on a three-year domestic bond sale and paid a yield of 23.47 percent, the central bank said on Thursday. A total of 572.89 million cedis' worth of bids were tendered for the 630
Yahoo! News | May 22, 2015 06:54 AM [GMT] | comment? | recommend
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China stocks at 7-year high, rest of Asia subdued before Fed HONG KONG (AP) Chinese stocks hit a seven-year high as investors pinned their hopes on further economic stimulus while other Asian markets were subdued ahead of a speech by Fed chair Janet Yellen.
Yahoo! News | May 22, 2015 05:32 AM [GMT] | comment? | recommend
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How an off-the-cuff remark shaped Jeb Bush's economic vision for U.S. By Howard Schneider and Steve Holland WASHINGTON (Reuters) - There were no fancy economic models or forecasts when former Florida Governor Jeb Bush first tossed out the idea that 4 percent annual growth should be the overarching goal for the U.S. economy.
Yahoo! News | May 22, 2015 05:10 AM [GMT] | comment? | recommend
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Bank of Japan holds fire on stimulus after upbeat GDP data The Bank of Japan on Friday held fire on launching more stimulus, days after official data showed the world's number three economy grew more than expected in the first quarter. Policymakers kept the central bank's annual 80 trillion yen ($662 bi
Yahoo! News | May 22, 2015 04:31 AM [GMT] | comment? | recommend
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A year after Thai coup, stability trumps growth for business By Amy Sawitta Lefevre and Panarat Thepgumpanat BANGKOK (Reuters) - When Thailand's army seized power in a bloodless coup, much of the business establishment quietly cheered them on. A year on, the captains of Thai industry remain firmly behind the j
Yahoo! News | May 22, 2015 03:18 AM [GMT] | comment? | recommend