Relative Content

Economy

ECB concerned about U.S. political influence on exchange rates: Nowotny

European Central Bank (ECB) Governing Council member and OeNB governor Ewald Nowotny addresses a news conference in Vienna, Austria, June 9, 2017. REUTERS/Leonhard Foeger February 11, 2018 ZURICH (Reuters) – The European Central Bank is concerned that the United States is exerting “political influence” on exchange rates and will make this a theme at upcoming […]

Euro hits three-year high as bullish bets hit record level

FILE PHOTO: A picture illustration of U.S. dollar, Swiss franc, British pound and Euro bank notes January 26, 2011. REUTERS/Kacper Pempel/Illustration/File Photo January 15, 2018 By Tommy Wilkes LONDON (Reuters) – The euro rose to a three-year high against the dollar on Monday, fueled by growing economic optimism in the euro zone and expectations that […]

China, UK vow to bolster economic cooperation, speed up stock connect plan

Britain’s Chancellor of the Exchequer Philip Hammond and Chinese Vice Premier Ma Kai attend the UK-China Economic Financial Dialogue at the Diaoyutai State Guesthouse in Beijing, China December 16, 2017. REUTERS/Fred Dufour/Pool December 16, 2017 By Ben Blanchard BEIJING (Reuters) – China and Britain have vowed to continue and strengthen cooperation on a wide range […]

South Africa to outline ‘decisive’ policy in 2018 after ratings cut

FILE PHOTO: A view shows the Standard & Poor’s building in New York’s financial district February 5, 2013. REUTERS/Brendan McDermid November 25, 2017 JOHANNESBURG (Reuters) – South Africa will use its annual budget next year to outline “decisive” policy to strengthen its fiscal framework, the finance ministry said on Saturday after S&P Global Ratings cut […]

Japan’s economy set to show seven straight growth quarters

FILE PHOTO – People are seen at a market street in Tokyo, Japan, January 23, 2017. REUTERS/Kim Kyung-Hoon/File Photo November 10, 2017 By Kaori Kaneko TOKYO (Reuters) – Japan’s economy was expected have grown for a seventh straight quarter in July-September, a period of unbroken expansion last seen between 1999 and 2001, a Reuters poll […]

Dollar edges up ahead of Fed decision; kiwi jumps on strong jobs data

FILE PHOTO: U.S. dollar notes are seen in this November 7, 2016 picture illustration. REUTERS/Dado Ruvic/Illustration/File Photo November 1, 2017 By Lisa Twaronite TOKYO (Reuters) – The dollar edged higher on Wednesday as investors awaited the outcome of the Federal Reserve’s policy meeting for clues about future tightening, while the beleaguered New Zealand dollar came […]

ADB raises China’s 2017 growth forecast to 6.7 percent on consumption, exports boost

FILE PHOTO: A woman pauses as she shops at a wholesale market in Yiwu, Zhejiang province January 11, 2011. REUTERS/Carlos Barria/File Photo September 26, 2017 BEIJING (Reuters) – The Asian Development Bank raised its outlook for China’s economic growth this year on the back of strong domestic consumption, an export recovery and solid growth in […]

Japan’s second-quarter economic growth revised down from stellar first reading

FILE PHOTO: Tokyo’s Akasaka business district is seen in Tokyo, Japan July 19, 2016. REUTERS/Toru Hanai/File Photo September 8, 2017 By Leika Kihara TOKYO (Reuters) – Japan’s economic growth in the second quarter was much slower than seen in a stellar preliminary reading, government data showed on Friday, confounding hopes for a long awaited pick-up […]

IMF maintains global growth forecasts; China, euro zone revised higher

FILE PHOTO: A man rides his motorcycle past shipping containers at the Port of Shanghai February 14, 2011. REUTERS/Aly Song/File Photo July 24, 2017 KUALA LUMPUR (Reuters) – The International Monetary Fund kept its growth forecasts for the world economy unchanged for this year and next, although it revised up growth expectations for the euro […]