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Economic Regions BRICS

  • MUMBAI, Feb 17- Denny Jose, a small-town caterer in the southern Indian state of Kerala, was closely watching the Indian central bank meeting last week. Newspapers and markets were forecasting the Reserve Bank of India would cut its key rate by a quarter of a percentage point. But the RBI held rates and moved to a "neutral" policy stance, signaling an end to India's...

  • CAIRO- Central Bank of Egypt monetary policy committee meeting. SYDNEY- Reserve Bank of Australia Governor Philip Lowe to speak at the Australia-Canada Economic Leadership Forum- 2230 GMT. WARSAW- National Bank of Poland monetary policy council meeting.

  • WASHINGTON, Feb 15- Rex Tillerson arrived in Bonn on Wednesday on his maiden foreign trip as U.S. secretary of state to attend a summit of G20 top economies at a time when many are wondering how far President Donald Trump's "America First" message will reshape U.S. foreign policy. From North Korean provocations and reports Russia has deployed a new cruise missile, to...

  • BONN, Germany— Foreign ministers from most of the world's leading powers are heading to a diplomatic summit of the Group of 20 industrialized and emerging economies in Germany, with all eyes on the new U.S. Secretary of State for clues about the direction Washington will take over the next four years. Russia, China, Saudi Arabia and Turkey, meanwhile, are looking to...

  • ULAANBAATAR, Mongolia— Mongolian lawmakers have told the government to revoke a private company's purchase of a stake in a major copper mine, a move the president warned could scare away investors at a time when the economy is already struggling. The move highlights the political sensitivity of Mongolia's copper, gold and other mineral wealth, the source of...

  • *Banks in Hong Kong rally after Yellen's comments. SHANGHAI, Feb 15- Hong Kong stocks reached a fresh four-month high on Wednesday morning, after Federal Reserve Chair Janet Yellen's comments on the U.S. economy and the rate hike outlook sent Wall Street to record highs. But Alex Wong, Hong Kong- based director of Ample Finance Group, said concern about monetary...

  • BANGKOK- Bank of Thailand Governor Veerathai Santiprabhob and National Economic and Social Development Board head, Porametee Vimolsiri, to speak about the Thai economy- 0600 GMT. CAIRO- Central Bank of Egypt monetary policy committee meeting. SYDNEY- Reserve Bank of Australia Governor Philip Lowe to speak at the Australia-Canada Economic Leadership Forum-...

  • NEW YORK, Feb 14- A gauge of global equity markets dipped on Tuesday and the dollar strengthened as U.S. Federal Reserve Chair Janet Yellen struck a hawkish tone on the timing of an interest rate hike. Yellen said in prepared remarks before the U.S. Senate Banking Committee that the central bank will likely need to raise interest rates at an upcoming meeting,...

  • ULAANBAATAR, Mongolia— Mongolian lawmakers have told the government to revoke a private company's purchase of a stake in a major copper mine, prompting the president to warn they might scare away investors as the country tries to reverse an economic slump. The move highlights the political sensitivity of Mongolia's copper, gold and other mineral wealth, the...

  • SHANGHAI, Feb 14- China's main stock indexes were largely unchanged on Tuesday, after data showed the country's inflation picked up to multi-year highs and reinforced a shift by Beijing to a more tighter policy stance. China's consumer inflation rate in January grew the most since May 2014 compared with the previous year, and its producer price index rose the...

  • *China inflation picks up, lessens global deflation danger. SYDNEY, Feb 14- Asian shares inched to 19- month highs on Tuesday as the potential for economic stimulus in the United States underpinned the dollar, bond yields and Wall Street stocks. MSCI's broadest index of Asia-Pacific shares outside Japan edged up 0.2 percent, trying for its fifth straight session...

  • *China consumer inflation quickens to fastest since May 2014. BEIJING, Feb 14- China's producer price inflation picked up more than expected in January to near six-year highs as prices of steel and other raw materials extended a torrid rally, adding to views that global manufacturing activity is building momentum. China consumer inflation also rose more than...

  • *China inflation picks up, lessens global deflation danger. SYDNEY, Feb 14- Asian shares inched to 19- month highs on Tuesday as the potential for economic stimulus in the United States lifted the dollar, bond yields and Wall Street stocks. Helping sentiment was data showing consumer and producer prices were rising in China and thus reducing the danger of...

  • *China consumer inflation quickens to fastest pace since May 2014. BEIJING, Feb 14- China's producer price inflation picked up more than expected in January to near six-year highs as prices of steel and other raw materials extended a torrid rally, adding to views that global manufacturing activity is building momentum. China consumer inflation also rose more...

  • BEIJING— China's auto sales shrank in January following a sales tax increase, an industry group reported Monday. Sales in the world's biggest auto market declined 1.1 percent from a year earlier to 2.2 million, compared to December's 9.1 percent expansion, according to the China Association of Automobile Manufacturers. China's auto sales rose 15 percent last...

  • BEIJING— Asian stock markets rose Monday after Wall Street hit a new high and a meeting between President Donald Trump and Japan's prime minister appeared to soothe tensions over trade and currency. KEEPING SCORE: The Shanghai Composite Index advanced 0.5 percent to 3,212.94 and Tokyo's Nikkei 225 index gained 0.4 percent to 19,459.15.

  • WASHINGTON- Federal Reserve Chair Janet Yellen to deliver her semiannual monetary testimony before the Senate Banking Committee- 1500 GMT. NEWARK, United States- Richmond Fed President Jeffrey Lacker to speak before the 2017 Economic Forecast forum hosted by the Lyons Companies and the Lerner College Center for Economic Education and Entrepreneurship-...

  • BUENOS AIRES/ SAO PAULO, Feb 9- When Argentina launched a tax amnesty program last year to bring billions of dollars back into the country, it found support from an unlikely corner: the banks whose clients had stashed money abroad. Some $400 billion in undeclared funds was being held outside Argentina, the economy was in recession and the government badly needed to...

  • BUENOS AIRES/ SAO PAULO, Feb 9- When Argentina launched a tax amnesty program last year to bring billions of dollars back into the country, it found support from an unlikely corner: the banks whose clients had stashed money abroad. Some $400 billion in undeclared funds was being held outside Argentina, the economy was in recession and the government badly needed to...

  • BEIJING, Feb 9- China's vice premier Zhang Gaoli has warned local government officials they will be punished if they submit false economic data, the official China Daily reported on Thursday, following a scandal over statistics compiled in a rustbelt province. In January, the state-owned People's Daily newspaper reported that the Liaoning government, in its...