WIDODO SAYS VERY OPTIMISTIC INDONESIA CAN ACHIEVE 5.3 PCT GDP GROWTH TARGET FOR 2016.» Read More
US TREASURY YIELDS INCREASE SLIGHTLY AFTER GDP, 10- YEAR NOTE YIELDS RISE TO 1.93 PERCENT.
CNBC's Rick Santelli has the latest read on U.S. economic growth. And CNBC's Steve Liesman adds perspective.
Jan 29- U.S. stock index futures were higher on Friday after the Bank of Japan unexpectedly cut a benchmark interest rate below zero, and ahead of data on U.S. economic growth in the fourth quarter. *The report, due at 8:30 a.m. ET, may set off another bout of selling on the stock market as investors, already worried about weak global growth, flee to less risky assets.
TAIPEI, Jan 29- Taiwan stocks climbed on Friday in line with tentative gains seen in overseas markets, and trying to shake off five-month lows hit last week despite a weakening domestic economy. As of 0210 GMT, the main TAIEX index rose 0.7 percent to 7,960.49, hovering just above its Jan. 18 low, after closing up 0.7 percent in the previous session.
Sailesh Jha, chief Asia economist at Credit Suisse Private Banking Asia, says China's 'new economy' sectors are showing stabilization, not acceleration.
The Philippine economy grew 5.8% in 2015, probably one of the strongest growth rates in a turbulent year.
Matthew Driver from MasterCard talks about the findings from the inaugural Asia Pacific Destinations Index, which covers 167 locations.
Cesar Purisima, Finance Secretary of the Philippines, analyzes the country's strong on-year Q4 GDP growth of 6.3 percent.
MANILA, Jan 28- The Philippine economy grew 6.3 percent in the fourth quarter from a year earlier, much faster than market expectations, driven by the services and industry sectors, the statistics agency said on Thursday. That brought full-year growth to 5.8 percent, national statistician Lisa Grace Bersales told a news conference, which could mark one of the...
MOSCOW, Jan 26- Russia's gross domestic product contracted by 3.8 percent in the fourth quarter of last year, in annual terms, Economy Minister Alexei Ulyukayev said at a meeting with President Vladimir Putin on Tuesday.
Discussing the implications of a merger like the one between Johnson Controls and Tyco, with Jason Furman, White House Council of Economic Advisers chairman.
Discussing economic and financial market indicators of a potential recession in the U.S., with Jason Furman, White House Council of Economic Advisers chairman.
DUBLIN, Jan 26- Ireland's central bank increased its forecast for 2015 economic growth to 6.6 percent on Monday from a 5.8 percent projection three months ago, citing continued growth in consumer spending and investment. The upgrade puts the bank in line with government forecasts for growth of around 7 percent, which would likely make Ireland the fastest...
SEOUL, Jan 26- South Korea's economic growth slowed by more than half in the fourth quarter from the third quarter of 2015, prompting the government to press ministers to spend their budget allocations in a timely manner to keep recovery momentum alive. Fourth-quarter gross domestic product rose 0.6 percent in seasonally adjusted terms from the third...
*Q4 GDP +0.6 pct s/adj q/q. SEOUL, Jan 26- South Korea's economic growth more than halved to 0.6 percent in the final quarter of 2015 as a decline in construction investment hobbled the ongoing recovery, central bank estimates showed on Tuesday. "Growth last year was not terrible thanks to consumption, but this year the recovery faces downside risks because the...
SEOUL, Jan 26- Following are details of the advance estimates of South Korea's gross domestic product for the October-December period of 2015 by the Bank of Korea: OVER PREVIOUS QUARTER, SEASONALLY ADJUSTED. Q4 2015* Q3 2015 Gross domestic product 0.6 1.3 Agriculture, forestry, fishing -1.4 6.5 Manufacturing 0.6 0.1 Construction -0.4 5.6 Service sector 0.8 1.0...
SEOUL, Jan 26- South Korea's economic growth more than halved to 0.6 percent in the final quarter of 2015 in sequential terms from 1.3 percent in the third quarter as construction hobbled the ongoing recovery, central bank estimates showed on Tuesday. Construction investment dropped by a seasonally adjusted 6.1 percent in the October-December period from...
Commodities are under pressure. But over the next 12 months, oil returns could top 30% — or even 40% — says UBS's Dominic Schnider.
Global economy is on the brink of a recession, with central bank stimulus less forthcoming and growth weakened by China, Citigroup warns.
Scott Wren of Wells Fargo Investment Institute and Jodie Gunzberg of S&P Indices discuss the impact of oil on the markets and GDP growth.