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Economic Regions BRICS

  • BASEL, Switzerland- Bank of England Banknotes and Chief Cashier Director Victoria Cleland will speak on "Introduction of the new Bank of England 5 Euro note" at World Banknote Summit 2017- 0950 GMT. PHILADELPHIA, United States- Federal Reserve Bank of Philadelphia President Patrick Harker speaks on the economic outlook before an event hosted by the Temple...

  • BASEL, Switzerland- Bank of England Banknotes and Chief Cashier Director Victoria Cleland will speak on "Introduction of the new Bank of England 5 Euro note" at World Banknote Summit 2017- 0950 GMT. PHILADELPHIA, United States- Federal Reserve Bank of Philadelphia President Patrick Harker speaks on the economic outlook before an event hosted by the Temple...

  • *India's GDP growth tipped to slip to 3- yr low in Dec qtr. GHAZIABAD, India, Feb 27- Struggling with customers unable to pay on time and plummeting sales, Indian small-business owner Ravi Jain fears the government's crackdown on cash will have a much larger impact than predicted by top policymakers. Asia's third-largest economy is tipped to slow down to a near...

  • *India's GDP growth tipped to slip to 3- yr low in Dec qtr. GHAZIABAD, India, Feb 27- Struggling with customers unable to pay on time and plummeting sales, Indian small-business owner Ravi Jain fears the government's crackdown on cash will have a much larger impact than predicted by top policymakers. Asia's third-largest economy is tipped to slow down to a near...

  • NORMAN, United States- Dallas Fed President Robert Kaplan to participate in a moderated Q&A session before the University of Oklahoma Price College of Business Distinguished Speaker Series- 1600 GMT. SANTA CRUZ, United States- San Francisco Fed President John Williams to speak on the economic outlook before the Santa Cruz Chamber of Commerce- 2030 GMT.

  • NORMAN, United States- Dallas Fed President Robert Kaplan to participate in a moderated Q&A session before the University of Oklahoma Price College of Business Distinguished Speaker Series- 1600 GMT. SANTA CRUZ, United States- San Francisco Fed President John Williams to speak on the economic outlook before the Santa Cruz Chamber of Commerce- 2030 GMT.

  • NORMAN, United States- Dallas Fed President Robert Kaplan to participate in a moderated Q&A session before the University of Oklahoma Price College of Business Distinguished Speaker Series- 1600 GMT. SANTA CRUZ, United States- San Francisco Fed President John Williams to speak on the economic outlook before the Santa Cruz Chamber of Commerce- 2030 GMT.

  • NORMAN, United States- Dallas Fed President Robert Kaplan to participate in a moderated Q&A session before the University of Oklahoma Price College of Business Distinguished Speaker Series- 1600 GMT. SANTA CRUZ, United States- San Francisco Fed President John Williams to speak on the economic outlook before the Santa Cruz Chamber of Commerce- 2030 GMT.

  • HERNANDARIAS, Paraguay, Feb 24- When toymaker Estrela decided to move manufacturing capacity back to Latin America from China, it sank $2 million into a new factory not in its native Brazil- the region's largest economy- but in its tiny southern neighbor Paraguay. Paraguay has important competitive advantages: cheap energy, labor flexibility and low social...

  • HERNANDARIAS, Paraguay, Feb 24- When toymaker Estrela decided to move manufacturing capacity back to Latin America from China, it sank $2 million into a new factory not in its native Brazil- the region's largest economy- but in its tiny southern neighbor Paraguay. Paraguay has important competitive advantages: cheap energy, labor flexibility and low social...

  • HERNANDARIAS, Paraguay, Feb 24- When toymaker Estrela decided to move manufacturing capacity back to Latin America from China, it sank $2 million into a new factory not in its native Brazil- the region's largest economy- but in its tiny southern neighbor Paraguay. Paraguay has important competitive advantages: cheap energy, labor flexibility and low social...

  • HERNANDARIAS, Paraguay, Feb 24- When toymaker Estrela decided to move manufacturing capacity back to Latin America from China, it sank $2 million into a new factory not in its native Brazil- the region's largest economy- but in its tiny southern neighbor Paraguay. Paraguay has important competitive advantages: cheap energy, labor flexibility and low social...

  • BEIJING— China's government has named a trade specialist as its new commerce minister and appointed a new head of its top economic planning body as part of a Cabinet reshuffle that comes amid a slowing economy and the threat of increased trade friction with President Donald Trump's administration. Chinese policymakers are entering an "uneasy" moment and are...

  • Feb 24- Gold prices held steady on Friday near 3-1/ 2- month highs hit in the previous session following tempered expectations of a U.S. rate hike in March, and as investors awaited clarity on President Donald Trump's economic policy. *Spot gold inched down 0.1 percent to $1,248.21 per ounce at 0054 GMT. The metal, which hit $1,251.14, the highest since Nov. 11, in the...

  • BRASILIA, Feb 22- Brazil's central bank maintained its pace of interest rate cuts as expected on Wednesday, but signaled policymakers could step up monetary easing in an attempt to pull the economy out of its worst recession ever. In a unanimous vote, the bank's 9- member monetary policy committee, known as Copom, cut its benchmark Selic rate by 75 basis points for...

  • BRASILIA, Feb 22- Brazil's central bank maintained its pace of interest rate cuts as expected on Wednesday, but signaled policymakers could step up monetary easing in an attempt to pull the economy out of its worst recession ever. In a unanimous vote, the bank's 9- member monetary policy committee, known as Copom, cut its benchmark Selic rate by 75 basis points for...

  • BRASILIA, Feb 21- The Brazilian government sees no alternative to its pension reform proposal and any changes would distort a plan needed for the recovery of Latin America's biggest economy, Finance Minister Henrique Meirelles said on Tuesday. Workers unions and some lawmakers from President Michel Temer's alliance in Congress have demanded changes to the...

  • *India RBI releases minutes from Feb 7-8 meeting. MUMBAI, Feb 22- The Reserve Bank of India's six-member monetary policy committee cited concerns about inflation in holding rates in February, with three mentioning the need to shift the policy stance to "neutral" from "accommodative," minutes from the meeting showed. The minutes were released on Wednesday, two weeks...

  • HONG KONG, Feb 22- Hong Kong handed out billions of dollars in tax cuts and poverty relief on Wednesday to reflate its economy, and projected a brighter outlook this year amid growing concerns over rising trade protectionism and higher interest rates. "The property market was much better in the December quarter and that filtered into the pick-up in private...

  • HONG KONG, Feb 22- Hong Kong handed out billions in tax cuts and poverty relief on Wednesday, to stimulate its economy that is expected to grow more strongly than expected at 2 to 3 percent this year despite headwinds from rising global trade protectionism. Financial Secretary Paul Chan said in his maiden annual budget address that stronger exports and jobs,...