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Economic Regions BRICS

  • *China May trade data stronger than forecast. *May trade surplus $40.81 bln. BEIJING, June 8- China reported stronger-than-anticipated exports and imports for May despite falling commodity prices, suggesting the economy is holding up better than expected despite rising lending rates and a cooling property market.

  • **SERBIA- National Bank of Serbia interest rate decision. **NEW DELHI- Reserve Bank India Deputy Governor Viral Acharya and Chief Economic Adviser to the government of India Arvind Subramanian speaks at an Indian Council for Research on International Economic Relations two-day conference on G20 affairs in India. **BEIJING- California Governor Jerry Brown...

  • **BANGKOK- Bank of Thailand releases minutes of its previous interest rate meeting on May 24- 0200 GMT. WARSAW- National Bank of Poland monetary policy council meeting. BOGOTA- Colombian Finance Minister Mauricio Cardenas and Central Bank head, Juan Jose Echavarria, will attend a finance industry conference.

  • BUDAPEST- Hungarian Central Bank non-rate-setting meeting. SYDNEY- Reserve Bank of Australia monetary policy meeting- 0430 GMT. WEDNESDAY, JUNE 7 BOGOTA- Colombian Finance Minister Mauricio Cardenas and Central Bank head, Juan Jose Echavarria, will attend a finance industry conference.

  • ST PETERSBURG, Russia, June 3- Russia's leading economic thinkers say the country needs bold action to avoid stagnation. Addressing the St Petersburg International Economic Forum, an annual gathering where investors look to the Kremlin to set the direction of travel for the economy, Putin said Russia's future lay in developing the digital economy.

  • BEIJING, June 3- China will maintain a monetary policy that is "neither too tight or too loose," ensuring basically stable liquidity, a senior central banker told a financial conference in Beijing on Saturday. Chen Yulu, deputy governor at the People's Bank of China, also said that economic structural reform would play an increasingly important role in the...

  • BRASILIA, May 31- Brazil's central bank cut interest rates to a more than three-year low on Wednesday but said it was ready to dial down the pace of easing during a political crisis that threatens government efforts to plug a widening fiscal gap. Corruption allegations against President Michel Temer, which threaten to unseat the center-right politician and...

  • May 31- Brazil's scandal-plagued President Michel Temer has gained some breathing room due to an incipient economic recovery and the failure of his allies to agree on a caretaker to keep his fiscal reforms on track if he is ousted. Temer, who is being investigated for corruption by the Supreme Court, went on the offensive this week to convince Brazilians he is...

  • NEW DELHI, May 31- India's gross domestic product data shocked again on Wednesday as economic growth unexpectedly slumped to its lowest in more than two years in the March quarter, stripping the country of its status as the world's fastest growing major economy. It was also lower than China's growth of 6.9 percent for the first three months of 2017..

  • May 31- Brazil's scandal-plagued President Michel Temer has gained some breathing room from an incipient economic recovery and the failure of his allies to agree on a caretaker to keep his fiscal reforms on track if he is ousted. If we see that they are not advancing, then we should quickly look for an alternative government, "Congressman Eduardo Cury, a vice...

  • NEW DELHI, May 31- India's economic growth unexpectedly slowed to its lowest in more than two years, dragged down by construction, manufacturing and trade services, and stripping the country of its status as the world's fastest growing major economy. It was also lower than China's growth of 6.9 percent for the first three months of 2017.. "This data is closer to the...

  • May 31- China's industrial engine cranked up again in May, reassuring investors worried about slowing growth in the world's second-biggest economy as it grappled with debt risks and tried to shake off a stinging ratings downgrade from Moody's Investors Service. The ratings agency said the biggest risks to global growth, including protectionism and...

  • SEOUL- Federal Reserve Bank of San Francisco President John Williams speaks before the Bank of Korea International Conference 2017 "Global Economic and Financial Challenges: The Decade Ahead," in Seoul, Korea 0010 GMT. BEIJING- Bank of America Merrill Lynch Innovation China Summit 1200 GMT. TUESDAY, JUNE 6 BUDAPEST- Hungarian Central Bank non-rate-setting...

  • TBILISI, May 30- Georgia's economy expanded 4.2 percent in the first four months of this year, official data showed on Tuesday, up from 2.8 percent in the same period in 2016 after a rise in exports and remittances from abroad. The former Soviet republic, through which pipelines carry Caspian oil and gas to Europe, is recovering from a fall in exports and plunge in the...

  • NEW DELHI, May 29- India's economy could achieve double-digit growth if New Delhi pushes reforms to increase women's participation in the country's workforce, a World Bank report said on Monday. Underscoring the gravity of the situation, the World Bank said nearly two-thirds of Indian women with college degrees are without jobs. The unemployment rate for...

  • NEW DELHI, May 29- India's economy could achieve double-digit growth if New Delhi pushes reforms to increase women's participation in the country's workforce, a World Bank report said on Monday. Underscoring the gravity of the situation, the World Bank said nearly two-thirds of Indian women with college degrees are without jobs. The unemployment rate for...

  • Profits in April rose to 572.78 billion yuan, the National Bureau of Statistics said on its website. A building boom, fueled by a government infrastructure spree and a heated housing market, has boosted demand and prices for materials from steel to cement, giving China's long ailing "smokestack" industries more cashflow to chip away at a mountain of debt.

  • LONDON, May 26- Following are five big themes likely to dominate thinking of investors and traders in the coming week and the Reuters stories related to them. The ECB meets on June 8 amid a growing clamour to begin "normalising" monetary policy. A major determinant of the policy path Mario Draghi outlines that day will be next week's euro zone inflation figures.

  • LONDON, May 26- Following are five big themes likely to dominate thinking of investors and traders in the coming week and the Reuters stories related to them. The ECB meets on June 8 amid a growing clamor to begin "normalizing" monetary policy. A major determinant of the policy path Mario Draghi outlines that day will be next week's euro zone inflation figures.

  • TAORMINA, Italy, May 26- U.S. Hosts Italy hope the luxurious, relaxed surroundings will give the rich-nation leaders a rare chance for wide-ranging debate on an array of international issues, including Syria, North Korea and the global economy. A senior Italian diplomat said Trump and the heads of Britain, Germany, France, Italy, Japan and Canada saw eye-to-eye on...