Economic Regions BRICS

  • BEIJING— People in Beijing expressed doubts Saturday about President Donald Trump's ability to steer the U.S. economy and manage China-American relations, underscoring concerns over trade, Taiwan and other issues. While Trump didn't mention China in his inaugural address Friday, he referred often to the country during the campaign and upended diplomatic...

  • Communist China is the world's champion of free trade and globalization. And Europe, spurned by Washington and London, is turning to Beijing to fill the void. Welcome to the World Economic Forum in Davos circa 2017.

  • MOSCOW— A chocolate maker owned by Ukraine's president says it's planning to shut its factory in Russia for "economic and political reasons." Ukrainian President Petro Poroshenko last year put the Roshen confectionery company in a trust, arguing that it's difficult to sell the asset amid an economic downturn. Relations between the two ex-Soviet neighbors...

  • DAVOS, Switzerland, Jan 20- Russia's economy could grow by 2 percent in 2017 as long as there are no external shocks such as a renewed fall in oil prices, Economy Minister Maxim Oreshkin said on the sidelines of the World Economic Forum in Davos. Oreshkin said Russia would not abandon a free-floating rouble, which was one of the moves taken by the Russian central bank...

  • *China Q4 GDP growth faster than expected, boosted by housing. BEIJING, Jan 20- China's economy grew a faster-than-expected 6.8 percent in the fourth quarter, boosted a tailwind heading into what is expected to be a turbulent year. China's debt to GDP ratio rose to 277 percent at the end of 2016 from 254 percent the previous year, with an increasing share of new credit...

  • BEIJING— China's economic growth sank to a three-decade low in 2016 as its struggling exporters brace for a possible trade battle with President-elect Donald Trump. Beijing wants to nurture more self-sustaining growth based on domestic consumption but trade still supports millions of jobs. The American Chamber of Commerce in China said Beijing is...

  • MANILA, Jan 20- London copper futures surrendered early gains to edge lower on Friday as investors exercised caution ahead of U.S. President-elect Donald Trump's inauguration, looking past data that showed China's economy grew slightly faster than expected. Expectations that China will continue to spur economic activity this year should boost demand in...

  • *China Q4 GDP data tops expectations, lifts mainland stocks. President-elect Donald Trump's inauguration, even as China's economic growth beat expectations and Federal Reserve Chair Janet Yellen toned down her earlier hawkish policy stance. Financial spreadbetter CMC Markets expected Britain's FTSE 100 to open 0.1 percent higher, and Germany's DAX and...

  • *China Q4 GDP growth faster than expected, boosted by housing. *China to focus on stability ahead of key political meeting. BEIJING, Jan 20- China's economy grew a faster-than-expected 6.8 percent in the fourth quarter, boosted a solid tailwind heading into what is expected to be a turbulent year.

  • *China Q4 GDP growth faster than expected, boosted by housing. *China to focus on stability ahead of key political meeting. BEIJING, Jan 20- China's economy grew a faster-than-expected 6.8 percent in the fourth quarter, boosted a solid tailwind heading into what is expected to be a turbulent 2017.

  • *China Q4 GDP grew 6.8 pct, market expected 6.7 pct. MANILA, Jan 20- London copper futures edged higher on Friday after China's economy grew slightly faster than expected in the last quarter of 2016, but caution among investors ahead of U.S. Expectations that China will continue to spur economic activity this year should boost demand in the world's top copper...

  • *Asia ex- Japan stocks down; Nikkei flat. *China 4 Q GDP data tops expectations, aids mainland stocks. President-elect Donald Trump's inauguration, even as China's fourth-quarter economic growth beat expectations and Federal Reserve Chair Janet Yellen took a less hawkish policy stance.

  • risks loom@ BEIJING, Jan 20- Boosted by higher government spending and record bank lending, China's economy grew by a faster-than-expected 6.8 percent in the fourth quarter, giving it a solid tailwind heading into what is expected to be a turbulent 2017. Economists polled by Reuters had expected China would report 6.7 percent growth for both the fourth quarter...

  • BEIJING— China's economic growth ticked up in the final quarter of 2016 but its full-year performance was the weakest in three decades as it heads into a potential trade battle with U.S. "A touch faster growth than expected, but no real change in trend," Bill Adams of PNC Financial Services Group said in a report. "We do not expect this rebound to extend far into 2017,"...

  • BEIJING— China's economic growth rises to 6.8 percent in last quarter of 2016; full-year growth 6.7 percent, weakest since 1990..

  • *China economy seen growing 6.7 pct y/y in Q4, same as Q3. BEIJING, Jan 20- Boosted by higher government spending and record bank lending, China is expected to report on Friday that its economy grew by a steady 6.7 percent in the fourth quarter, giving it a solid tailwind heading into what is expected to be a turbulent 2017.. China's sluggish exports also could come...

  • BRASILIA, Jan 19- Brazil's inflation rate slowed more than expected in mid-January, falling below 6 percent for the first time in nearly three years and reinforcing market bets on steep interest rate cuts by the central bank. "Inflation is slowing down in general, not only at a single group," said Carlos Lopes, an economist with Banco Votorantim.

  • BRASILIA, Jan 19- Brazil's inflation rate slowed more than expected in mid-January, falling below 6 percent for the first time in nearly three years and reinforcing market bets on steep interest rate cuts by the central bank. "Inflation is slowing down in general, not only at a single group," said Carlos Lopes, an economist with Banco Votorantim.

  • BEIJING— China's government defended itself Thursday as a supporter of free trade after U.S. Foreign Ministry spokeswoman Hua Chunying pointed to President Xi Jinping's appeal to avoid protectionism in a speech this week at the World Economic Forum in Switzerland. His nominee for commerce secretary, Wilbur Ross, criticized China on Wednesday for excess...

  • TOKYO, Jan 19- Asian shares slipped on Thursday and the dollar rebounded after Federal Reserve Chair Janet Yellen signaled that the U.S. central bank is poised to pursue a path of steady interest rate hikes. MSCI's broadest index of Asia-Pacific shares outside Japan slumped 0.3 percent. On Wall Street overnight, stronger financial shares helped push up the S&P...