Stocks rise on expectations Fed won't hike rates this year
World stocks rose Monday after weak U.S. jobs data prompted expectations the Federal Reserve might postpone an interest rate hike. KEEPING SCORE: In early trading, France's CAC-40 index jumped 2.7...
View ArticleWorld Bank Cuts Sub-Saharan Africa Growth Estimate to 6-Year Low
The World Bank cut its economic growth estimate for sub-Saharan Africa to the lowest since 2009 as falling commodity prices and tighter global financial conditions stem activity. The Washington-based...
View ArticleWorld Bank cuts Asia growth forecast on China and US rates
The World Bank has cut its growth forecast for the Asia Pacific region for this year and next, because of the risks posed from a sharp slowdown in China and raising US interest rates. The bank now...
View ArticleAfrican crops, economies at risk as El Nino threatens to scorch and soak
By Ed Stoddard POTCHEFSTROOM, South Africa (Reuters) - Standing waist-deep in a hole, South African maize farmer Tom van Rooyen digs at the side with a small pickaxe. "There is moisture 25 centimeters...
View ArticleIt's time to borrow, the IMF tells Australia
The sharemarket's recent gyrations are a testament to the long and thorny transition the Australian economy is making in the wake of the mining boom. Economic growth has already been below par for two...
View ArticleFed's Rosengren Says 2% Growth Needed for Rate Liftoff This Year
Federal Reserve Bank of Boston President Eric Rosengren said the U.S. economy needs to be growing at a 2 percent pace in the second half of the year to justify an interest-rate increase by December....
View ArticleThe IMF exposed
The International Monetary Fund (IMF) was established in 1945 subsequent to the conclusion of World War II at the Bretton Woods Conference in New Hampshire with an expectation to promote economic...
View ArticleUS September job gains weaker than expected
Washington, Oct 3 (IANS) The US job gains in September came in weaker than expected, indicating that slow global growth and financial market volatility are affecting the economy, data from the US...
View ArticleUS Federal Reserve prepares to raise rates, and Treasury yields are falling
This is turning out to be a year that few predicted in the world’s biggest bond market. In January, a Bloomberg survey of economists projected yields would climb through the course of this year, as the...
View ArticleBest Euro Forecaster Breaks From Pack to Predict Sustained Rally
It would take a calamity to send the euro tumbling as low as most forecasters anticipate. That’s the view of Mizuho Bank Ltd., which topped Bloomberg’s third-quarter rankings for the euro against the...
View ArticleFrom Volkswagen to China: Risks That Might Derail German Growth
Europe’s economic powerhouse is facing a test of might. Germany’s trademark industrial prowess has been called into question by Volkswagen AG’s emission scandal, the slowdown in China and other...
View ArticlePhilippine growth to reach 5.8 pct in 2015: World Bank
MANILA, Oct. 5 (Xinhua) -- The Philippine economic growth is expected to reach 5.8 percent in 2015, according to a World Bank report released on Monday. The report said "lower 2015 growth takes into...
View ArticleAn ailing global economy starts to weigh on US job market
WASHINGTON (AP) A sagging global economy has finally caught up with the United States. Nervous employers pulled back on hiring in August and September as China's economy slowed, global markets sank...
View ArticleAiling global economy starts to weigh on U.S. job market
WASHINGTON — A sagging global economy has finally caught up with the United States. Nervous employers pulled back on hiring in August and September as China’s economy slowed, global markets sank and...
View ArticleThere Are Not Enough Jobs, And Austerity Is To Blame
The especially poor September jobs report reinforces what many economists have been saying for months: The six-year recovery from the Great Recession has been too weak to create enough jobs for...
View ArticleSlumping commerce threatens global growth: report
Once the grease of global growth, international commerce failed to rebound completely from the 2009 recession and now is slowing anew. Chinese exports tumbled 5.5 percent in August from a year earlier,...
View ArticleWeakness and strength: 7 snapshots of the US job market
The U.S. job market no longer looks quite so robust. Employers added a meager 142,000 jobs in September, the government said Friday. And the average job gain for each of the past three months — 167,000...
View ArticleU.S. hiring slows in September as global economy weakens
WASHINGTON >> U.S. employers cut back sharply on hiring in September and added fewer jobs in July and August than previously thought — a sour note for a labor market that had been steadily...
View ArticleEast Asia Pacific to grow 6.5 pct in 2015: World Bank
MANILA, Oct. 5 (Xinhua) -- The East Asia Pacific region is expected to witness a 6.5 percent economic growth in 2015, moderating slightly from 6.8 percent of last year, according to an economic update...
View ArticleCan’t be complacent - Economics Weekly (The Royal Bank of Scotland Group plc)
(Source: The Royal Bank of Scotland Group plc) Reasons to be fearful? Yet if UK history is a decent guide to the future, we're closer to the next recession than the last one. The greatest risks to the...
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