Japan February output rose 4.1 percent from a month ago, beating economists' forecast of a 5.0 percent increase. Factory output is seen rising at 0.9 percent in March and gaining 5.2 percent in April. Labor demand strengthens again in February. Japan's industrial production rebounded in February...
Annual rate rose to 1.5 percent in March, below estimate ECB’s Governing Council holds next policy meeting on April 26 German inflation jumped in March, underpinning European Central Bank projections that price growth across the bloc will eventually accelerate. The annual rate rose to 1.5 percent in the...
Dutch central-bank governor says unwinding could take a decade Knot warns of economic damage if central banks wait too long The world no longer needs “extraordinary” monetary stimulus and the European Central Bank should play its part by ending its own bond-buying program after September,...
Mar 28, 2018 JUSTIN YIFU LINThe US has long capitalized on its position as the world’s biggest economic power and largest trader to ensure that trade deals serve its interests. Now, with the US abandoning free trade, China can take up the mantle of promoting it,...
China needs to change its unfair and discriminatory trade policies: US Ambassador 5 Hours Ago | 02:46 Terry Branstad, the U.S. ambassador to China, said that Beijing has not treated American companies fairly during a Thursday interview with CNBC. Beijing needs to be made aware, he said, of how important changing the bilateral trade and business...
BERLIN (Reuters) - Germany’s jobless total dropped more than expected in March and the unemployment rate hit a record low, data showed on Thursday, reflecting the strength of a labour market that has become the linchpin of a consumer-led upswing. Household spending has turned into the...
The 12-month Libor is hovering at nearly 2.7 percent and has been rising steadily all year. As money bolted from the stock market late Tuesday, it flowed into the 10-year Treasury note, knocking the yield down to 2.78 percent. Comparing the 10-year yield to...
North Korean leader Kim Jong Un met Chinese President Xi Jinping during a four-day unofficial visit. China said the North promises to denuclearize the Korean peninsula. The North, on the other hand, didn't mention anything about that in its readout of the talks. "The...
KUALA LUMPUR (March 28): Bank Negara Malaysia (BNM) expects the Malaysian Government to narrow its fiscal deficit to 2.8% of gross domestic product (GDP) in 2018 from the estimated 3% deficit in 2017, supported by higher growth in revenue. BNM said today in its 2017 annual...
Facebook shares contributed to tech's losses, as they fell 4.9 percent after Bank of America Merrill Lynch reduced its price target on the stock for the second time in five days. Tech shares were also under pressure after Reuters reported Nvidia is temporarily suspending...