Economic Regions BRICS

  • BEIJING, July 13- China's exports fell more than expected in June as global demand remained stubbornly weak and as Britain's decision to leave the European Union clouds the outlook for one of Beijing's biggest markets. Exports fell 4.8 percent from a year earlier, the General Administration of Customs said on Wednesday, adding that China's economy faces...

  • BRASILIA, July 12- Retail sales in Brazil fell unexpectedly in May as rising unemployment continued to hurt consumption, government data showed on Tuesday, suggesting the economy may take longer to hit bottom in its worst recession in decades. A recent improvement in consumer confidence had fueled hopes that Brazil's economy could be nearing a turning point...

  • BENGALURU, July 12- East Asian stocks will likely have a bumpy ride through the rest of this year, with China and South Korea's markets managing single-digit gains from where they are now, restrained by concerns over economic growth, a Reuters poll found. Global equities started the year with a scare, with one factor being the depreciation of China's currency,...

  • *Philippines mining crackdown continues to bolster nickel. LONDON, July 11- Nickel rallied above $10,000 a tonne on Monday on persistent concerns over a Philippines mining crackdown, while other metals were boosted by bets that Beijing will announce further economic stimulus. In top metals consumer China, shares rose after muted inflation data raised...

  • BEIJING, July 11- China's economic growth likely cooled to a fresh seven-year low of 6.6 percent in the second quarter as the industrial sector loses steam and a boost from financial services fades, according to a Reuters poll of 61 economists. Analysts expect the world's second-largest economy to lose further momentum in the second half of the year, prompting...

  • *CSI300 +1.1 pct; SSEC +0.9 pct; HSI +1.6 pct. SHANGHAI, July 11- China stocks rose on Monday after inflation data over the weekend raised hopes the government may deploy more stimulus in the second half of the year to prop up the sluggish economy. "Recently the market has been doing relatively well," said Zhang Qi, analyst at Haitong Securities in Shanghai.

  • SHANGHAI, July 11- The yuan inched lower against the dollar on Monday, but further weakness was capped as the central bank was suspected of intervention to offset massive dollar demand from banks' clients, traders said. "The rates in the morning were really flat," said a trader at a Chinese commercial bank in Shanghai. The People's Bank of China set the midpoint rate at...

  • *Japan's Nikkei rallies over 3 pct as PM Abe wins vote. MSCI's broadest index of Asia-Pacific shares outside Japan jumped 1.9 percent to a one-month top. "Abe's victory boosted confidence in investor sentiment, and winning a two-thirds majority sends foreign investors a message that Abe's policies will see a progress," said Hikaru Sato, a senior technical...

  • *Global recovery "complicated and grim"- China trade minister. BEIJING, July 10- Soft Chinese inflation and G20 concerns that the global recovery remains grim are hardening views among some economists that more government stimulus will be needed to support China, the world's second-biggest economy. Externally, China faces a global recovery that its trade...

  • SHANGHAI, July 10- In the face of a "worrying" rise in protectionism, trade ministers from the world's major economies have agreed to cut trade costs, increase policy coordination and enhance financing, China's Commerce Minister Gao Hucheng said on Sunday. The Group of 20 trade ministers, who wrapped up a two-day meeting in Shanghai on Sunday, approved a broad trade...

  • A customer holds a 100 Yuan note at a market in Beijing.

    China's June consumer inflation grew at its slowest since January, while producer prices extended falls, reinforcing expectations for more stimulus.

  • BEIJING, July 10- China's June consumer inflation grew at its slowest pace since January as increases in food prices eased, while producer prices extended their decline, reinforcing economists' views that more government stimulus steps will be needed to support the economy. Prices of China's staple meat pork rose 30.1 percent, compared with a 33.6 percent...

  • BEIJING, July 10- China's June consumer inflation grew at its slowest pace since January as increases in food prices eased, while producer prices extended their fall, reinforcing economists' views that more government stimulus steps will be needed to support the economy. The consumer price index rose 1.9 percent in June from a year earlier, compared with a 2.0...

  • BEIJING, July 10- China's June consumer inflation grew at its slowest pace since January as increases in food prices eased, while producer prices extended their fall, reinforcing economists' views that more government stimulus steps will be needed to support the economy. The consumer price index rose 1.9 percent in June from a year earlier, compared with a 2.0...

  • SHANGHAI, July 9- The global economic situation is grim and major economies must lead the way in tackling problems including sluggish growth and weak trade, China's trade minister Gao Hucheng said on Saturday. Gao made the remarks at the start of a two-day meeting of trade ministers from G20 economies in Shanghai, as uncertainty hangs over the outlook for a...

  • SHANGHAI, July 9- The global economic situation is grim and major economies must lead the way in tackling problems including sluggish growth and weak trade, China's trade minister Gao Hucheng said on Saturday. Gao made the remarks at the start of a two-day meeting of trade ministers from G20 economies in Shanghai, as uncertainty hangs over the outlook for a...

  • While the result was little changed from the previous survey on June 15, the question on Wall Street now was not whether the Fed could manage one or two rate hikes, but whether it could pull off even one. For those who thought the Fed would not raise rates this year, the key factor was overseas risk that could hurt the U.S. economy, namely fallout from Britain's June 23...

  • NEW YORK, July 8- Wall Street's top banks were almost evenly split over whether the Federal Reserve would raise U.S. interest rates in 2016, with a poll following Friday's strong jobs data showing a razor-thin majority expect the central bank to raise rates once by the end of the year. For those who thought the Fed would not raise rates this year, the key factor was...

  • NEW YORK, July 8- Wall Street's top banks were almost evenly split over whether the Federal Reserve would raise U.S. interest rates in 2016, with a poll following Friday's strong jobs data showing a razor-thin majority expect the central bank to raise rates once by the end of the year. For those who thought the Fed would not raise rates this year, the key factor was...

  • LONDON, July 8- Copper and other industrial metals gained on Friday after better-than-expected U.S. jobs data bolstered hopes for economic growth and metals demand. For the mining and metals sector, if you're seeing robustness in the economy and interest rates are going to remain low, that's good for businesses with considerable debt on their balance sheets, "...