Economic Growth

India's central bank cuts key interest rate for fifth time

Oct 4, 2019

India's central bank has cut its key interest by a quarter of a percentage point to 5.15%, a fifth consecutive reduction, and has also lowered its economic growth forecast for the 2019-2020 financial year to 6.1% from 6.9% projected earlier

China central bank says no plans for big economic stimulus

Sep 24, 2019

China's central banker: Policy will be 'stable and healthy,' suggesting no plans to join US, Europe in rate cut

Asian shares mixed as investors look ahead to rate decisions

Sep 10, 2019

Asian shares are mixed after a day of listless trading on Wall Street as investors awaited signs on global interest rates

Mexico proposes generous social budget; bets big on oil

Sep 9, 2019

Mexican President Andrés Manuel Lopez Obrador's proposed budget for next year would continue his commitment to social spending for the elderly and youth and funnel more resources to the state-owned oil company Pemex

Banks, AT&T push US stocks broadly higher in morning trading

Sep 9, 2019

Stocks edged higher in morning trading Monday as rising bond yields lifted banks and AT&T led gains in the communications sector

US economy grew at a moderate 2% annual rate last quarter

Aug 29, 2019

US economy grows at moderate 2% rate in second quarter, lower than initial estimate of 2.1% GDP growth

US stocks climb amid signs of a thaw in US-China trade war

Aug 26, 2019

Stocks are marching broadly higher on Wall Street in midday trading after President Donald Trump claimed China was willing to reopen talks on the costly trade war that has roiled markets and dimmed the outlook for global economic growth

Corporate profits slump again in 2Q

Aug 22, 2019

Corporate profits fell for a second straight quarter in the spring, as the tax cut windfall wears off and companies contend with uncertainty caused by the Trump administration's trade war with China

White House insists 'fundamentals' of US economy are strong

Aug 20, 2019

With eyes on 2020, the White House insists the 'fundamentals' of the US economy are very strong

Japan's exports fell in July for 8th straight month

Aug 19, 2019

Japan's exports fell for the 8th straight month in July as worries continued about President Donald Trump's trade policies denting Asian economic growth

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