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  • REUTERS POLL-EURO ZONE 2017 GDP FORECAST CUT TO 1.3 PCT FROM 1.6 PCT ONE MONTH AGO; FRANCE, ITALY ALSO CUT.

  • A new report shows how health insurers in the US pay a higher amount for certain prescription drugs and common surgeries compared to other developed countries.

  • The U.K's vote to leave the European Union has pushed the International Monetary Fund to cut its world growth forecast for this year and next.

  • ACCRA, July 18- Ghana has cut its 2016 economic growth forecast sharply to 4.1 percent from 5.4 percent due to lower export prices and irregular oil production, Finance Minister Seth Terkper told Reuters on Monday. Ghana, which also produces cocoa and gold, is following an International Monetary Fund program to restore fiscal balance and spur growth, which...

  • ACCRA, July 18- Ghana has cut its 2016 economic growth forecast to 4.1 percent from 5.4 percent due to lower export prices and irregular oil production, Finance Minister Seth Terkper told Reuters on Monday. Oil output was halted between March and May at the offshore Jubilee field due to a breakdown on a production ship, and the country lost millions of dollars in...

  • BEIJING, July 18- China has room to increase its fiscal deficit ratio to between 4 and 5 percent to more effectively boost the economy, official media quoted a central bank official as saying. China's current fiscal deficit target is 3 percent of gross domestic product, up from an actual 2.4 percent in 2015.. But there is room for a slight increase, the Shanghai...

  • BEIJING, July 18- China has room to increase its fiscal deficit ratio to between 4 and 5 percent to more effectively boost the economy, official media quoted a central bank official as saying. China's current fiscal deficit target is 3 percent of gross domestic product, up from an actual 2.4 percent in 2015.. But there is room for a slight increase, the Shanghai...

  • China slowdown ahead?

    Ken Brown, Columnist at The Wall Street Journal, discusses the Chinese economy following better-than-expected GDP for the second quarter.

  • Q2 GDP tracking at 2.7

    Atlanta Federal Reserve President Lockhart comments on rate hikes this year; and CNBC's Steve Liesman reports second quarter GDP is tracking at 2.7 according to economists' estimates.

  • WASHINGTON, July 15- U.S. retail sales rose more than expected in June as Americans bought motor vehicles and a variety of other goods, bolstering views that economic growth picked up in the second quarter. The bullish data and a rally on Wall Street could allow the Federal Reserve to raise interest rates later this year, but much will depend on policymakers'...

  • Want to be on better terms with your pet?

    26-year-old entrepreneur Damien Ju is developing "One Dream Pet" for mobile devices, to help owners better communicate with their pets.

  • China GDP up 6.7 percent in Q2

    CNBC's Eunice Yoon breaks down the data on China's economy which beat expectations but saw private sector investment growth touch a record low.

  • SHANGHAI, July 15- China stocks closed flat on Friday as better than expected second quarter GDP data appeared to lower the odds for further stimulus from policymakers. The CSI300 index of the largest listed companies in Shanghai and Shenzhen was unchanged at 3,276.28, while the Shanghai Composite Index was unchanged at 3,054.30 points.

  • A man cycling past a billboard showing an aerial view of Shanghai on July 11, 2016.

    The world's second-largest economy grew by 6.7 percent in the April-June quarter, narrowly beating estimates of a 6.6 percent expansion.

  • SHANGHAI, July 15- China stocks struggled for direction and were flat at midday Friday as better-than-expected growth data dampense market hopes authorities will take major stimulus steps to prop up the economy. "Today's better-than-expected GDP print suggests that a massive stimulus package by the government will be unlikely," wrote economists at ANZ Bank...

  • BEIJING, July 15- China's economy expanded slightly faster than expected in the second quarter but private investment growth shrank to a record low, suggesting future weakness which could pressure the government to roll out more support measures. While fears of a hard landing have eased, investors worry a further slowdown in China and any major fallout from...

  • China GDP

    China's consumption remains strong but it is a concern that Beijing is still pumping money into the economy, says Orient Capital Research's Andrew Collier.

  • China GDP Impact

    China GDP's retail component was better-than-expected, indicating that the economic transition is gaining traction, says Capital Link Intl's Uwe Parpart.

  • BEIJING, July 15- Final consumption accounted for 73.4 percent of China's first-half economic growth, the statistics bureau said on Friday. The data show China's efforts to rebalance its economy towards consumption appear to be showing results. While China's economy shows signs of stabilisation, uncertainties in the global economy are increasing due to...

  • China GDP Review

    China's growth was more balanced in Q2, with no particular part of the economy singularly driving growth, says JPMorgan's Jahangir Aziz.