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  • British GDP results beat expectations

    Kallum Pickering, senior U.K. economist at Berenberg, discusses the GDP growth, which accelerated in the run-up to the Brexit referendum.

  • The GDP data due at 0830 GMT is forecast to show 2 percent year-on-year growth, but it will only incorporate one week of the period after Britain's vote to leave the EU. "They do give us an idea of how the economy was set up going into the referendum so they're not completely insignificant," said RBC Capital Markets currency strategist Adam Cole.

  • *Japan to miss FY2020 GDP target of 600 trln yen- govt forecast. TOKYO, July 26- Japan will not meet its goal of reaching nominal gross domestic product of 600 trillion yen in fiscal 2020, and may not achieve it even by fiscal 2024 if growth stays sluggish, the government's projections showed on Tuesday, adding pressure on policymakers struggling to revive the...

  • Tokyo, Japan

    Japan will fail to meet its goal of achieving in fiscal 2020 nominal gross domestic product of 600 trillion yen if growth remains sluggish.

  • *Japan to miss FY2020 GDP target of 600 trln yen- govt forecast. *Weak economic growth, fiscal health problems for Japan. TOKYO, July 26- Japan will fail to meet its goal of achieving in fiscal 2020 nominal gross domestic product of 600 trillion yen even in fiscal 2024 if growth remains sluggish, the government's projections showed on Tuesday, adding pressure on...

  • TOKYO, July 26- Japan will fail to meet its goal of achieving in fiscal 2020 nominal gross domestic product of 600 trillion yen even in fiscal 2024 if growth remains sluggish, the government's projections showed on Tuesday. Japan now expects nominal GDP of 551 trillion yen in the fiscal year beginning in April 2020 assuming the current pace of growth, the Cabinet...

  • *Q2 GDP +0.7 pct s/adj q/q. SEOUL, July 26- South Korea's economy grew at an unexpectedly robust 3.2 percent annual rate in the second quarter, driven by firmer domestic consumption and capital investment, but analysts said the lift would probably be temporary. Gross domestic product expanded 0.7 percent in April-June, following 0.5 percent growth in the first...

  • South Korea's economy grew 0.7 percent in April-June over the previous quarter, as domestic consumption and capex improved.

  • *Q2 GDP +0.7 pct s/adj q/q. SEOUL, July 26- South Korea's economy grew 0.7 percent in April-June over the previous quarter, the central bank estimated on Tuesday, accelerating modestly from the previous three-month period as domestic consumption and capex improved. Tuesday's data offered some hope as Asia's fourth-largest economy struggles to escape low...

  • SEOUL, July 26- South Korea's economy grew 0.7 percent in April-June over the previous quarter, the central bank estimated on Tuesday, accelerating modestly from the previous three-month period as domestic consumption and capex improved. It follows 0.5 percent growth for the first quarter. The Bank of Korea estimates showed private consumption rose by a...

  • SEOUL, July 26- Following are details of the advance estimates of South Korea's gross domestic product for the April-June period of 2016 by the Bank of Korea:. OVER PREVIOUS QUARTER, SEASONALLY ADJUSTED Q2 2016* Q1 2016. Private consumption 3.2 2.2 Government consumption 3.7 4.5 Facilities investment -2.6 -4.5 Construction investment 10.6 9.6 Investment on IP...

  • CHENGDU, China, July 24- Downward pressure on the Chinese economy remains fairly large but it should be able to expand more than 6.5 percent this year, Bai Chongen, a policy adviser to the central bank and professor at Tsinghua University, told Reuters on Sunday. China's policymakers have already done a lot on the monetary policy front, Bai said, adding he agreed with...

  • SEOUL, July 22- North Korea's economy contracted in 2015 at the sharpest pace in eight years, an estimate from the Bank of Korea showed on Friday, as low global commodity prices landed a blow to exports, a key driver for the impoverished country's economy. The gross domestic product in North Korea last year fell a real 1.1 percent, South Korea's central bank said,...

  • (hold off thanks, TV had LT problem)What is the main focus of the Chengdu G20 summit?

    Zhu Guangyao, vice finance minister of China, says the main focus is to improve the global economy and promote financial market stability.

  • LONDON, July 21- Already hamstrung by the battle to compete with online rivals, Britain's major clothing retailers now risk a hit to sales and profits from the higher costs and plummeting consumer confidence that have followed the vote to leave the European Union. With consumer spending accounting for three quarters of Britain's gross domestic product any...

  • The use of fossil fuels, metal ores and non-metallic minerals has accelerated rapidly since 2000 as emerging economies such as China transform their industries and cities, requiring unprecedented amounts of iron, steel, cement, energy and construction materials. The global economy now needs more material per unit of gross domestic product than it did at the...

  • 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...