World Economy Economic Regions

  • *Apple to launch iPhone 7 later on Wednesday. Sept 7- The Nasdaq touched a record intraday high on Wednesday, helped by gains in technology shares, while the S&P 500 index and the Dow were little changed. "We've had three to four pieces of relatively disappointing economic data, so that puts some focus on today's Beige Book," said Art Hogan, managing director of...

  • *Apple to launch iPhone 7 later on Wednesday. Sept 7- Wall Street was set to open little changed on Wednesday as investors sought more clues on the timing of the next interest rate hike. "We've had three to four pieces of relatively disappointing economic data, so that puts some focus on today's Beige Book," said Art Hogan, managing director of Wunderlich Equity...

  • BEIJING, Aug 5- China's regional economies showed a marked divergence in performance in the first half of 2016, with provinces reliant on steel making and mining reporting weak or no growth but some larger cities thriving. The northeastern steel-making province of Liaoning reported its economy shrank by 1 percent in the first half of 2016 from the same period...

  • July 27- Coca-Cola Co reported lower-than-expected quarterly revenue due to weakness in China and certain Latin American economies, and the company warned of no improvement in those markets for the rest of the year. Sales in China are being pressured as wholesalers bring down inventory levels in response to weakening consumer environment in the country,...

  • One veteran strategist told CNBC that central banks’ adoption of negative rates was “meaningless” for the foreign exchange markets.

  • Helicopters carrying piggy banks over clouds

    ECB President Mario Draghi said on Thursday that the bank had "never discussed" issuing so-called helicopter money.

  • UK Chancellor of the Exchequer George Osborne speaks at a Conservative Party Conference.

    George Osborne, the U.K.'s finance minister, will announce this year's budget on Wednesday and is expected to cut public spending further, despite the slowing British economy.

  • Most important thing is agility: BNP Paribas CFO

    Lars Machenil, CFO of BNP Paribas, talks about whether or not the bank will boost the capital ratio above regulatory requirements like some of its rivals.

  • A rescue program agreed for Cyprus on Monday represents a new template for resolving euro zone banking problems, the head of the region's finance ministers said.

  • Grab Opportunities in the Current Market Pull Back .

    Michael McCarthy, Chief Market Strategist, CMC Markets says that the current market pull-back is an opportunity to buy stocks. But investors should practice caution.

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    China’s economic slowdown is not good for the U.S., as exports to China create jobs for Americans. And economists doubt that China will return to its previous growth rates, the Fiscal Times reports.

  • China's Economy Worse Than We Thought?

    Adrian Mowat, JPMorgan chief Asian equity strategist, provides perspective ahead of China's latest GDP figures and discusses whether the country's economy is headed for a hard landing.