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  • *China slams G7 on statement on South China Sea. ISE-SHIMA, Japan, May 27- The Group of Seven industrial powers pledged on Friday to seek strong global growth, while papering over differences on currencies and stimulus policies and expressing concern over North Korea, Russia and maritime disputes involving China. G7 leaders wrapped up a summit in central Japan...

  • *Sees value in investment grade corporate bonds in US, Europe. TOKYO, May 27- Even though the Federal Reserve is expected to raise interest rates, long-term U.S. bond yields are unlikely to rise due to China's slowdown and negative rates in Japan and Europe, the top fund manager of Invesco Ltd's $240 bln global bond funds said. Gregory McGreevey, Atlanta- based CEO of...

  • SHANGHAI, May 27- China stocks ended slightly lower on Friday, capping a sixth straight week of losses for the Shanghai Composite Index, as industrial profit data added to fears that a recent pick-up in the economy is fizzling out. Many investors remained on the sidelines, worried about China's economic health and the impact of a possible U.S. rate hike as soon as...

  • *G7 criticises N Korea, Russia. ISE-SHIMA, Japan, May 27- The Group of Seven industrial powers pledged on Friday to seek strong global growth, while papering over differences on currencies and stimulus policies and expressing concern over North Korea, Russia and maritime disputes involving China. "Global growth remains moderate and below potential, while risks...

  • Shinzo Abe

    Shinzo Abe is considering delaying a sales tax hike, originally planned in April 2017, by around two years, Japanese media reported on Friday.

  • SHIMA, Japan— The leaders of the Group of Seven rich economies pledged Friday to "collectively tackle" major risks to global growth, including direct political threats to the international order from terrorist attacks, violent extremism and refugee flows. Meeting at a seaside resort with expansive views of a scenic bay and emerald-green islands, G-7 leaders...

  • HSBC economist: Japan will delay tax hike

    HSBC's Izumi Devalier says Shinzo Abe's messages at the G7 summit suggest that Japan will most likely be delaying its consumption tax hike.

  • *G7 criticises N Korea, Russia. ISE-SHIMA, Japan, May 27- The Group of Seven industrial powers pledged on Friday to seek strong global growth, while papering over differences on currencies and stimulus policies and expressing concern over North Korea, Russia and maritime disputes involving China. "Global growth remains moderate and below potential, while risks...

  • Profits of China's industrial firms in April rose 4.2% from the same period last year to 502 billion yuan, the statistics bureau said on Friday.

  • A customer, left, pays for her purchase at a stall at Matsubara shopping street in Yokohama City, Kanagawa Prefecture, Japan, on Saturday, Dec. 26, 2015.

    Japan's core consumer prices fell 0.3% in April on-year, keeping the BOJ under pressure to deploy new stimulus to hit its 2% inflation target.

  • Growing pressure for the west to block Beijing’s bid for “market economy status” and greater access to world markets, the FT reports.

  • *Tokyo May core CPI down 0.5 pct vs f'cast -0.4 pct. TOKYO, May 27- Japan's core consumer prices fell 0.3 percent in April from a year earlier, the second straight month of declines, keeping the central bank under pressure to deploy additional stimulus to achieve its ambitious 2 percent inflation target. The data underscores the fragile nature of Japan's recovery...

  • WASHINGTON— Commerce Department releases personal income and spending for April, 8:30 a.m.; Standard& Poor's releases S&P/Case-Shiller index of home prices for March and the first quarter, 9 a.m.;; The Conference Board releases the Consumer Confidence Index for May, 10 a.m.. WASHINGTON— Institute for Supply Management releases its manufacturing index for May,...

  • SINGAPORE, May 26- Financial markets have a more appropriate reading now on the chances of a U.S. interest rate rise in June than before, St. Louis Federal Reserve President James Bullard said on Thursday. "I think they read the minutes correctly," Bullard told reporters after a speech in Singapore, referring to the minutes of the Fed's latest policy meeting in April.

  • BEIJING, May 26- The People's Bank of China will keep policy slightly loose to support the economy, which still faces downward pressure, the China Business News said on Thursday, cited a report written by the central bank's monetary policy analysis team. Global financial markets have been buzzing over whether China is shifting to a more cautious policy stance...

  • Zhang Zhijun, head of China's Taiwan Affairs Office,

    China's 1.3 billion people are united in their determination never to allow Taiwan to become independent, a top Chinese official said.

  • DUBAI, May 26- Long used to lucrative state contracts, Iran's biggest construction company faces leaner times, as overseas firms better able to attract financing push for orders in an economy trying to open to the world after years of sanctions. The misfortunes of Khatam al Anbia Construction Headquarters are an unwelcome novelty for its powerful owners, the...

  • The big issues surrounding the Japanese market

    The headaches are mounting for Japan’s economy. Mark Tinker, head of Framlington equities Asia at AXA Investment Managers, talks about the future of Abenomics.

  • ISE, Japan— The leaders of the Group of Seven advanced economies pledged Friday to "collectively tackle" major risks to global growth, including direct political threats to the international order from terrorist attacks, violent extremism and refugee flows. G-7 leaders wrapped up their annual summit Friday in central Japan with a declaration that claimed a "...

  • ISE, Japan— The latest news on the Group of Seven summit in Japan, where the leaders of the seven advanced economies are meeting for two days:. President Barack Obama says G-7 leaders are focused on the need to accelerate economic growth. He says that the leaders of the G-7 nations are intent on using all of the tools at their disposal to put people back to work and to...

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