TOKYO, Dec 1- Japanese capital expenditure rose at the fastest pace in more than eight years in July-September from a year earlier, in an encouraging sign that economic performance over the summer was not as weak as initially thought. The data suggest that revised gross domestic product on Dec. 8 may show that Japan narrowly avoided a technical recession, easing...» Read More
CNBC's Geoff Cutmore discusses the latest economic data from Russia which has received support from the mining sector.
China's data doesn't add up to the country's 7 percent growth target, warns David Kuo, CEO of The Motley Fool Singapore.
Economic data is weighing on fourth quarter GDP forecasts, reports CNBC's Steve Liesman.
LONDON, Nov 25- Britain increased its budget deficit forecast for the current financial year on Wednesday to 3.9 percent of gross domestic product from 3.7 percent previously predicted in July.
Singapore's economy grew at a much faster clip in Q3 than initially estimated as an influx of visitors boosted the hospitality sector.
Margaret Patel, MD and senior portfolio manager at Wells Fargo Funds Management, says a Fed liftoff in December is not definite because of low inflation rates and overseas developments.
*Businesses accumulate $90.2 billion worth of inventories. The Commerce Department on Tuesday said the nation's gross domestic product grew at a 2.1 percent annual pace, not the 1.5 percent rate it reported last month, as businesses reduced an inventory bloat less aggressively than previously believed. With growth like this, the Fed has the data it needs to...
Valentin Marinov, head of G-10 FX research at Credit Agricole, comments on U.S. GDP which was revised up to 2.1 percent for the third quarter.
*Yen, Swiss franc up on Russia- Turkey fears. NEW YORK, Nov 24 (Reuters)- The U.S. dollar edged down on Tuesday as investors piled into safe-haven currencies on concerns about rising tension between Russia and Turkey, shrugging off positive data on the U.S. economy. It's encouraging to see the improvement or the upgrade in growth, but it's still a stale piece of data, "said...
*Businesses accumulate $90.2 billion worth of inventories. The Commerce Department on Tuesday said the nation's gross domestic product grew at a 2.1 percent annual pace, not the 1.5 percent rate it reported last month. "This is a sturdy second GDP print for the third quarter when looking past the inventory swings," said Robert Kavcic, a senior economist at BMO...
WASHINGTON— The U.S. economy grew at a slightly faster rate in the summer than previously reported, mainly because businesses restocked their goods at a stronger pace than first thought. The overall economy, as measured by the gross domestic product, grew at an annual rate of 2.1 percent in the July-September period, the Commerce Department reported Tuesday.
WASHINGTON, Nov 24- The U.S. economy grew at a healthier clip in the third quarter than initially thought, suggesting resilience that could help give the Federal Reserve confidence to raise interest rates next month. The Commerce Department on Tuesday said the nation's gross domestic product grew at a 2.1 percent annual pace, not the 1.5 percent rate it reported...
CNBC's Rick Santelli has the latest numbers on the overall health of the U.S. economy. And CNBC's Steve Liesman adds perspective.
*Global security concerns also remained on the forefront after the U.S. State Department issued a global travel alert for Americans and Turkey said it shot down a Russian warplane that had violated its airspace near the Syrian border. Shares of travel website operator Priceline were down 1.8 percent, while cruise operators Carnival Corp and Royal Carribean...
WASHINGTON— The Commerce Department issues the second of three estimates on how the U.S. economy performed in the July-September quarter at 8:30 a.m. Eastern Tuesday. UPWARD REVSION: Economists believe that economic growth, as measured by the gross domestic product, will be revised to 2.1 percent for the third quarter, up from an initial estimate of 1.5...
SUZHOU, China, Nov 24- Chinese Premier Li Keqiang said on Tuesday China was on track to reach its economic growth target of about 7 percent this year, and the economy was going through adjustments to maintain reasonable medium- to long-term growth. Li made the comments during a summit in the city of Suzhou with leaders of 16 Central and Eastern European countries.
WASHINGTON— Commerce Department releases its second estimate for the third-quarter gross domestic product, 8:30 a.m. Eastern. WASHINGTON— Standard& Poor's releases S&P/Case-Shiller index of home prices for September and the third quarter, 9 a.m.. WASHINGTON— The Conference Board releases the Consumer Confidence Index for November, 10 a.m..
JAPAN GOVT TO OFFER FINANCIAL SUPPORT FOR SOME PENSIONERS TO BOOST GDP- DRAFT.
JAPAN GOVT TO TAKE OTHER STEPS TO GET CAPEX TO GROW FASTER THAN NOMINAL GDP- DRAFT.
JAPAN GOVT PLANS TO RAISE MINIMUM WAGE AND OTHER WAGES TO MEET ITS 600 TRLN YEN GDP TARGET- DRAFT.