Search Results for: economy
U.S. data flow suggests economy regaining steam
March 4th, 2016
The number of Americans filing for unemployment benefits unexpectedly rose last week, but the underlying trend continued to point to a strengthening labor market. The labor market optimism was, however, dimmed somewhat by a survey on Thursday showing employment ...
Economy puts aside post-mining boom blues
March 2nd, 2016
Australia finally appears to be getting over the end of the mining boom as new figures showed the economy growing at its fastest pace in nearly two years. The latest national accounts showed the economy expanding at a healthy ...
Swiss Economy Returns to Growth as Franc Shock Overcome
March 2nd, 2016
Fourth-quarter GDP rose 0.4% vs estimate for 0.1% increase SNB expects growth to accelerate in 2016 versus last year The Swiss economy returned to growth at the end of last year as it fought off the impact of a ...
China’s central bank attempts to boost economy with cash injection
March 1st, 2016
The People’s Bank of China has loosened rules on banks’ cash reserves for the fifth time in a year in the hope cheaper loans will be made available China’s central bank has stepped up action to bolster its cooling ...
UK EU exit would be global economy ‘shock’ – G20 leaders
February 29th, 2016
Finance ministers from the world’s leading economies have warned of a “shock” to the global economy if the UK leaves the EU. The ministers gave their opinion in a statement released at the end of a two-day meeting of ...
21 New Numbers That Show That The Global Economy Is Absolutely Imploding
February 17th, 2016
After a series of stunning declines through the month of January and the first half of February, global financial markets seem to have found a patch of relative stability at least for the moment. But that does not mean ...
Gold hits new 3-month high on global economy concerns
February 8th, 2016
Gold hit three-month highs on Monday, extending its biggest weekly rise since July 2013 as sliding stock markets, global growth uncertainty and a softer dollar prompted investors to seek safety in hard assets. Spot gold reached a peak of ...
Saudi economy is resilient, says World Bank expert
February 8th, 2016
Saudi Arabia has five years’ worth of reserves at current spending levels and oil prices, Shantayanan Devarajan, chief economist of the World Bank’s Middle East and North Africa Region said in an interview with Tass. “The fact is that ...
India Becomes Fastest Growing Economy
February 8th, 2016
Industrial reforms have lead to accelerated annualised growth of 7.3% for the last quarter of 2015 – surpassing China. India is forecast to become the fastest growing large economy in the world, surpassing that of China. Figures to be ...
UK economy picks up at start of 2016
February 8th, 2016
Business activity rises at fastest rate for six months and in all regions, led by the West and East Midlands Wales maintains solid growth into New Year Employment continues to rise, and inflationary pressures remain low due to falling ...
