U.S. economic resilience could add luster to semiconductor shares
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 …
Economic
Japan’s Nikkei seen hitting 30,000 by end of 2023 on economic recovery: Reuters poll
By 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 …
Taliban plans to turn former foreign bases into special economic zones
KABUL (Reuters) – The Taliban administration will move ahead with plans to turn former foreign military bases into special economic zones for businesses, the acting …
Nigeria’s Atiku promises unity, economic bounce in final campaign rally
YOLA, Nigeria (Reuters) – Nigeria’s presidential hopeful Atiku Abubakar on Saturday said he would bring peace and unity to the country and improve its economic …
‘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 …
China set to leave lending benchmarks unchanged as economic recovery seen on track
SHANGHAI (Reuters) – China is widely expected to leave its benchmark lending rates unchanged at the monthly fixing on Monday, a Reuters survey showed, as …
Oil-rich Guyana expects annual economic growth of over 25% in coming years
By 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 …
Brazil’s economic activity rises 2.9% in 2022
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 …
Economic growth slowed in tourism-reliant Thailand in Q4: Reuters poll
By Veronica Dudei Maia Khongwir BENGALURU (Reuters) – Thailand’s economic growth slowed in the fourth quarter as reduced exports and factory activity, together with tightening …
S&P warns of possible economic blow, hit to Japan Inc from BOJ rate hike
By Leika Kihara TOKYO (Reuters) – A future Bank of Japan (BOJ) interest rate hike could affect the country’s sovereign debt rating if firms struggle …
South Korea’s think tank warns of steeper economic slowdown in H1
SEOUL (Reuters) – The rising cost of living is likely to hurt South Korea’s economy much more significantly in the first half of this year …
U.S. recession still likely despite resilient economic data – PIMCO
NEW 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 …
Russia’s 2022 economic fall seen in lower incomes, slumping consumer demand
By Alexander Marrow MOSCOW (Reuters) – Russian consumer demand contracted at its fastest pace in seven years in 2022 and real disposable incomes fell, data …
UK’s shortest-serving PM Liz Truss blames economic ‘orthodoxy’ for downfall
LONDON (Reuters) – Former British prime minister Liz Truss blamed on Sunday the economic “orthodoxy” in the country’s finance ministry, other nations and in parts …
Japan’s Q4 economic growth likely rebounded on tourism reopening
By Kantaro Komiya TOKYO (Reuters) – Japan’s economy likely returned to growth in the last quarter of 2022 as the country reopened to tourists, offsetting …
Biden thanks White House’s Deese for helping steer economic recovery
By Steve Holland and Andrea Shalal WASHINGTON (Reuters) – U.S. President Joe Biden on Thursday credited Brian Deese, his outgoing top White House economic adviser, …
Chile’s economic activity falls less than expected in December
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 …
Costa Rica’s economic growth seen slowing down this year
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 …
China foreign minister seeks stronger economic ties with Saudi Arabia
BEIJING (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 …
Pace of Mexican economic growth likely slowed in fourth quarter: Reuters poll
MEXICO CITY (Reuters) – Mexico’s economic expansion likely dipped in the final three months of last year, at a time of sluggish production activity in …
U.S. seeks to advance Americas economic plan with partners
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 …
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 …
Marketmind: Gloomy economic signals
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. South Korea and the Philippines’ GDP data are …
UK economic forecaster to downgrade medium-term growth outlook – Times
LONDON (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 …
Davos 2023: Key takeaways from the World Economic Forum
DAVOS, Switzerland (Reuters) – Global leaders and business executives departed a freezing World Economic Forum (WEF) meeting on Friday after a frank exchange of views …
U.S. firms pessimistic about economic growth this year, Fed survey shows
(Reuters) – There were some encouraging signs U.S. inflation pressures and labor shortages were easing, a Federal Reserve report showed on Wednesday, but economic activity …
The World Economic Forum Partners With Chinese Tech Firms Allegedly Linked To Genocide, Surveillance
The World Economic Forum Partners With Chinese Tech Firms Allegedly Linked To Genocide, Surveillance Philip Lenczycki on January 16, 2023 The World Economic Forum (WEF), …
Meet The ‘Disinformation’ Panelists, Including A Media Mogul and Dem Congressman, Attending the World Economic Forum
Meet The ‘Disinformation’ Panelists, Including A Media Mogul and Dem Congressman, Attending the World Economic Forum John Hugh DeMastri on January 16, 2023 A panel …
World Economic Forum Lists ‘Misinformation’ As A Top Risk Threatening The World
World Economic Forum Lists ‘Misinformation’ As A Top Risk Threatening The World Micaela Burrow on January 16, 2023 The World Economic Forum (WEF) names “misinformation” …
Davos 2023: The World Economic Forum explained
By Siddharth K DAVOS, Switzerland (Reuters) – The World Economic Forum (WEF) returns to its snowy winter residency in the Swiss Alps this week with …
EU’s Dombrovskis: Some positive economic signs but must remain vigilant
BRUSSELS (Reuters) – The European Union might escape the steep economic recession some had predicted several months ago, when energy prices were sky-rocketing, but that …
Former GE Power Engineer Sentenced for Conspiracy to Commit Economic Espionage
A New York man was sentenced today to 24 months in prison for conspiring to steal General Electric (GE) trade secrets, knowing or intending to …
Germany should diversify its trade partners, economic adviser says
BERLIN (Reuters) – Germany needs to diversify its international business partners and focus on new regions of the world, the government’s chief economic adviser said, …
Fed’s more gradual rate hike path should limit economic harm, Barkin says
By Lindsay Dunsmuir (Reuters) – The Federal Reserve’s move to smaller interest rate hike increments will help limit damage to the economy as the U.S. …
Canadian dollar to rebound in 2023 if economic uncertainty clears: Reuters poll
By Fergal Smith TORONTO (Reuters) – Canada’s dollar will rally this year, but much of the upswing will have to wait until a period of …
Majority Of Big Banks Predict Significant Economic Downturn In 2023: POLL
Majority Of Big Banks Predict Significant Economic Downturn In 2023: POLL John Hugh DeMastri on January 2, 2023 Of 23 major financial institutions that work …
Remittances to Mexico drop in November amid economic crunch fears
(Reuters) – Remittances to Mexico from abroad dropped in November to $4.8 billion after a series of record months, data from the Mexican central bank …
Dubai scraps 30% tax on alcohol sales amid economic rebound
DUBAI (Reuters) – Dubai has suspended a tax of 30% on alcohol and dropped a licence fee previously needed to buy alcohol in the commercial …
Economic weakness set to weigh on oil price in 2023
By Brijesh Patel (Reuters) -Oil prices are set for small gains in 2023 as a darkening global economic backdrop and COVID-19 flare-ups in China threaten …
Economic weakness set to weigh on oil price in 2023
By Brijesh Patel (Reuters) – Oil prices are set for small gains in 2023 as a darkening global economic backdrop and COVID-19 flare-ups in China …
Subdued consumer demand one of Russia’s key economic challenges -deputy PM
MOSCOW (Reuters) – Fostering a recovery in consumer demand and helping the corporate sector become profitable are the biggest tasks for the Russian government to …
Tunisia seeks to cut fiscal deficit to 5.5% in 2023, led by economic reforms
By Tarek Amara TUNIS (Reuters) -Tunisia expects to reduce its fiscal deficit to 5.5% next year from a forecast 7.7% this year, driven by austerity …
Indian stocks top Asian markets, strong economic growth fuels hope
By Ankur Banerjee SINGAPORE (Reuters) – In a year when Indian equities emerged as the best performers in Asia and the country took advantage of …
In hangover of World Cup fiesta, Argentina’s economic reality bites
By Rodrigo Campos and Belen Liotti NEW YORK/BUENOS AIRES (Reuters) – Gregorina Victorica, 86, a retiree in Buenos Aires has been cheering Argentina’s victory in …
China’s economic output to exceed 120 trln yuan in 2022 -party official
SHANGHAI (Reuters) – China’s economic output is likely to exceed 120 trillion yuan ($17.2 trillion) this year, state media quoted a senior Chinese Communist Party …
Peru’s central bank slightly lowers 2023 economic growth estimate
LIMA (Reuters) – The Central Reserve Bank of Peru on Friday slightly reduced its economic growth projection for 2023 to 2.9% from 3.0%, according to …
French economic contraction worsened in December – flash PMI
By Sudip Kar-Gupta PARIS (Reuters) – French business activity contracted at a faster rate in December than the previous month, a survey showed on Friday, …
Yellen, China’s ambassador discuss economic developments, U.S. Treasury says
WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen met with China’s ambassador to the United States, Qin Gang, on Thursday to discuss their “views on …
Economic growth in Latin America, Caribbean seen slowing in 2023
SANTIAGO (Reuters) – The expansion of economies in Latin America and the Caribbean is seen cooling next year, the United Nations economic commission for the …
Russia improves Q3 economic contraction to 3.7% y/y – revised data
MOSCOW (Reuters) – Russia’s economy shrank 3.7% year-on-year in the third quarter of 2022, revised data from the federal statistics service Rosstat showed on Wednesday, …