By Lewis Krauskopf NEW YORK (Reuters) – Signs of a resilient U.S. economy are boosting the appeal of semiconductor stocks, even as worries over the Federal Reserve’s monetary policy tightening …
Economic
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Japan’s Nikkei seen hitting 30,000 by end of 2023 on economic recovery: Reuters poll
by Reutersby ReutersBy Junko Fujita TOKYO (Reuters) – Japan’s Nikkei 225 share index will hit the psychological 30,000 level by end-2023 on a better domestic corporate and global economic outlook in the …
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US and World News
Taliban plans to turn former foreign bases into special economic zones
by Reutersby ReutersKABUL (Reuters) – The Taliban administration will move ahead with plans to turn former foreign military bases into special economic zones for businesses, the acting deputy prime minister for economic …
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US and World News
Nigeria’s Atiku promises unity, economic bounce in final campaign rally
by Reutersby ReutersYOLA, Nigeria (Reuters) – Nigeria’s presidential hopeful Atiku Abubakar on Saturday said he would bring peace and unity to the country and improve its economic fortunes as he made his …
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Opinion - EditorialPoliticsTop HeadlinesTrending NewsUS and World News
‘Starve The Red States’: Keith Olbermann Calls For ‘Economic Civil War’ Against Guns
‘Starve The Red States’: Keith Olbermann Calls For ‘Economic Civil War’ Against Guns Harold Hutchison on February 16, 2023 Former MSNBC and ESPN host Keith Olbermann called for blue states …
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China set to leave lending benchmarks unchanged as economic recovery seen on track
by Reutersby ReutersSHANGHAI (Reuters) – China is widely expected to leave its benchmark lending rates unchanged at the monthly fixing on Monday, a Reuters survey showed, as investors believe the world’s second-largest …
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Business News
Oil-rich Guyana expects annual economic growth of over 25% in coming years
by Reutersby ReutersBy Neil Marks and Marianna Parraga GEORGETOWN (Reuters) – Guyana’s government is forecasting the nascent oil producer’s economy, which has recently been among the world’s fastest-growing, will expand by at …
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BRASILIA (Reuters) – Brazil’s economic activity increased by 2.9% in 2022, according to a central bank index released on Thursday, boosted by the services sector and defying earlier predictions of …
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Business News
Economic growth slowed in tourism-reliant Thailand in Q4: Reuters poll
by Reutersby ReutersBy Veronica Dudei Maia Khongwir BENGALURU (Reuters) – Thailand’s economic growth slowed in the fourth quarter as reduced exports and factory activity, together with tightening monetary conditions, curbed private consumption, …
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Business News
S&P warns of possible economic blow, hit to Japan Inc from BOJ rate hike
by Reutersby ReutersBy Leika Kihara TOKYO (Reuters) – A future Bank of Japan (BOJ) interest rate hike could affect the country’s sovereign debt rating if firms struggle to absorb rising funding costs, …
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Business News
South Korea’s think tank warns of steeper economic slowdown in H1
by Reutersby ReutersSEOUL (Reuters) – The rising cost of living is likely to hurt South Korea’s economy much more significantly in the first half of this year than previously thought, its top …
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Business News
U.S. recession still likely despite resilient economic data – PIMCO
by Reutersby ReutersNEW YORK (Reuters) – U.S. bond manager Pacific Investment Management Company (PIMCO) is sticking to its previous forecast that the U.S. economy is headed toward a recession, despite recent data …
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Business News
Russia’s 2022 economic fall seen in lower incomes, slumping consumer demand
by Reutersby ReutersBy Alexander Marrow MOSCOW (Reuters) – Russian consumer demand contracted at its fastest pace in seven years in 2022 and real disposable incomes fell, data released on Wednesday showed, as …
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US and World News
UK’s shortest-serving PM Liz Truss blames economic ‘orthodoxy’ for downfall
by Reutersby ReutersLONDON (Reuters) – Former British prime minister Liz Truss blamed on Sunday the economic “orthodoxy” in the country’s finance ministry, other nations and in parts of the governing Conservative Party …
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Business News
Japan’s Q4 economic growth likely rebounded on tourism reopening
by Reutersby ReutersBy Kantaro Komiya TOKYO (Reuters) – Japan’s economy likely returned to growth in the last quarter of 2022 as the country reopened to tourists, offsetting weakening corporate activity and exports …
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US and World News
Biden thanks White House’s Deese for helping steer economic recovery
by Reutersby ReutersBy Steve Holland and Andrea Shalal WASHINGTON (Reuters) – U.S. President Joe Biden on Thursday credited Brian Deese, his outgoing top White House economic adviser, for helping achieve the administration’s …
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SANTIAGO (Reuters) – Chile’s economy performed better than expected in December but still ended 2022 in negative territory as the world’s largest copper producer faces a slowdown after a rapid …
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SAN JOSE (Reuters) – Costa Rica’s economic growth will likely slow this year, according to a central bank forecast released on Tuesday that also estimates faster growth in 2024. The …
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Business News
China foreign minister seeks stronger economic ties with Saudi Arabia
by Reutersby ReutersBEIJING (Reuters) – China’s new foreign minister Qin Gang wants to build stronger ties with Saudi Arabia and set up a China-Gulf free trade zone “as soon as possible”, according …
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Business News
Pace of Mexican economic growth likely slowed in fourth quarter: Reuters poll
by Reutersby ReutersMEXICO CITY (Reuters) – Mexico’s economic expansion likely dipped in the final three months of last year, at a time of sluggish production activity in the United States, a Reuters …
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By Matt Spetalnick WASHINGTON (Reuters) – U.S. Secretary of State Antony Blinken joined with counterparts from across the Americas on Friday seeking to advance efforts to forge a regional economic …
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Opinion - EditorialPoliticsTop HeadlinesTrending NewsUS and World News
BETSY MCCAUGHEY: Spendaholic Politicians Are Taking A Sledgehammer To Your Economic Future
BETSY MCCAUGHEY: Spendaholic Politicians Are Taking A Sledgehammer To Your Economic Future Betsy McCaughey on January 25, 2023 Most people don’t lie awake at night worried about the national debt. …
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By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. South Korea and the Philippines’ GDP data are on the Asian data docket …
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Business News
UK economic forecaster to downgrade medium-term growth outlook – Times
by Reutersby ReutersLONDON (Reuters) – Britain’s official economic forecaster has told the government that it overestimated the prospects for medium-term growth and that it intends to revise down its outlook, the Times …
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DAVOS, Switzerland (Reuters) – Global leaders and business executives departed a freezing World Economic Forum (WEF) meeting on Friday after a frank exchange of views over how the world will …