Economic Regions BRICS

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  • HONG KONG, April 20- China suspended an international anti-corruption task force earlier this year after taking over the G20 presidency, according to six individuals in the group, who called it a setback to global efforts to crack down on shell companies used to conceal assets. China is one of several countries under pressure to share data on paper companies...

  • *Signs that growth is stabilising reduce urgency for easing. *Rising inflation may narrow room for interest rate cuts. BEIJING, April 18- China's leaders sound more confident that the world's second-largest economy has arrested a slide in growth to quarter-century lows, but their policy advisers caution it is too early to call an end to a cycle of easing that...

  • BEIJING, April 18- China's economy expanded a seasonally-adjusted 1.1 percent in the first quarter of 2016 from the fourth quarter of last year, National Bureau of Statistics data showed, the lowest quarterly expansion on record since 2010.. "The 1.1 percent growth rate clearly illustrates that China's economy still faces downward pressures," Zhou Hao, senior...

  • BEIJING, April 18- China's economy expanded 1.1 percent in the first quarter of 2016 from the fourth quarter of last year, National Bureau of Statistics data showed, missing analysts forecasts. "The 1.1 percent growth rate clearly illustrates that China's economy still faces downward pressures," Zhou Hao, senior economist at Commerzbank, wrote in a research note...

  • WASHINGTON, April 15- The European Central Bank is unhappy with the U.S. dollar's recent fall but accepts it as a natural consequence of the Federal Reserve's cautious economic outlook and sees no reason to act to weaken the euro, three ECB sources told Reuters. U.S. economist Nouriel Roubini suggested on Friday the ECB was angry over a perception that the U.S....

  • WASHINGTON, April 15- Financial leaders from the Group of 20 nations said on Friday they were heartened by a recent recovery in financial markets, but warned that global growth was "modest and uneven" and threatened by weakness in commodities-based economies. In a communique issued after their meeting in Washington, G20 finance ministers and central bank...

  • Roller coaster risk tolerance

    The BRICS Brazil, Russia, India, China and South Africa - have had a roller-coaster ride this week after mixed news reports.

  • BEIJING, April 15- China posted its slowest economic growth since 2009 but a surge of new debt appears to be fueling a recovery in factory activity, investment and household spending in the world's second largest economy. That's good news in the near-term, economists say, but many worry it marks a return to the old playbook used during the financial crisis, when...

  • *China Q1 GDP growth meet expectations; Other indicators strong. SHANGHAI, April 15- China and Hong Kong stocks dipped on Friday morning as gross domestic product data released by China met forecasts, and investors took profits at the end of a bullish week. Analysts said the signs of recovery in China's economy raised potential risks of inflation that could...

  • *Q1 GDP growth +6.7 pct y/y, meets forecasts. BEIJING, April 15- China's economy grew at its slowest pace in seven years in the first quarter, however, indicators from the country's consumer, investment and factory sectors point to nascent signs the slowdown in the world's second largest economy may be bottoming out. "The tentative economic recovery is the result of...

  • BEIJING, April 15- China's economy grew at its weakest pace since the global financial crisis in the first quarter of 2016, maintaining pressure on Beijing to ramp up support measures as fears of a sharper downturn roil world financial markets. Gross domestic product in the world's second-largest economy grew 6.7 percent in January-March from a year earlier,...

  • BEIJING, April 15- China's economy grew at its weakest pace since the global financial crisis in the first quarter of 2016, maintaining pressure on Beijing to ramp up support measures as fears of a sharper downturn roil world financial markets. Gross domestic product in the world's second-largest economy grew 6.7 percent in January-March from a year earlier,...

  • *China economy grows 6.7 pct in Q1 as expected. TOKYO, April 15- Asian stocks were subdued on Friday as caution over a weekend meeting of oil producers tempered risk sentiment, while the region's markets took China's relatively upbeat GDP data in stride. Shanghai lost 0.4 percent, while South Korea's Kospi inched down 0.1 percent.

  • BEIJING, April 15- China's economy grew 6.7 percent in the first quarter from a year earlier, meeting expectations and at its slowest pace in seven years, although other indicators show the slowdown in the world's second largest economy may be bottoming out. China's economy grew 6.9 percent in 2015, its weakest rate in a quarter of a century.

  • WASHINGTON, April 14- China has agreed to scrap export subsidies on a range of products from metals to agriculture and textiles, the U.S. China agreed to end a program known as its "demonstration bases-common service platform," which provides export subsidies to Chinese companies in seven economic sectors, the trade representative's office said.

  • WASHINGTON, April 14- China has agreed to scrap controversial export subsidies on a range of products from metals to agriculture and textiles, the U.S. In a deal coinciding with global economic meetings in Washington, the trade representative's office said China had agreed to end a program known as its "demonstration bases-common service platform" in which it...

  • WASHINGTON, April 14- China has agreed to scrap controversial export subsidies on a range of products from steel and aluminum to agriculture and textiles, the U.S. In a deal coinciding with global economic meetings in Washington, the trade representative office said in a statement that China has agreed to end a program known as its "demonstration bases-common...

  • China's richest businessmen remain Asia's top owners of luxury aircraft: the greater China region had 466 private jets in 2015, according to consultancy Asia Sky Group, compared with 65 in 2007. Mainland China accounted for 300 of those. "The economy is weak and there are different political forces, as you know," said Bill Schultz, senior vice president of business...

  • MELBOURNE, April 13- London copper rose to the highest in almost two weeks on Wednesday and Shanghai metals surged as strong Chinese copper imports in March fanned hopes that the economy in the world's biggest metals user is improving. The stronger-than-expected import and export growth added to evidence of economic recovery in China, said analyst Helen Lau...

  • *China trade performance beats expectations. *Regional markets rally on further sign of China stabilization. BEIJING, April 13- China's exports in March returned to growth for the first time in nine months, adding to further signs of stabilization in the world's second-largest economy that cheered regional investors.