×

Economic Reports GDP

  • BRASILIA, March 7- Brazil's worst-ever recession unexpectedly intensified in the final quarter of 2016, data showed on Tuesday, frustrating hopes for signs of a recovery and stepping up pressure on President Michel Temer and the central bank to do more to stimulate growth. Brazil's gross domestic product contracted by 3.6 percent in 2016, statistics agency...

  • OECD says political uncertainty across Europe, and the rise of anti-establishment politics, could damage global growth.

  • BRASILIA, March 7- Brazil's worst recession ever intensified in the final months of 2016, data showed on Tuesday, frustrating hopes of an imminent rebound despite stimulus measures including a rapid fall in central bank interest rates. Brazil's gross domestic product contracted by 3.6 percent in 2016, statistics agency IBGE said on Tuesday, following a 3.8...

  • LONDON, March 6- Emerging stocks rose half a percent on Monday, rebounding after two lossmaking sessions as investors absorbed the likelihood of slower China growth and a March interest rate rise in the United States. Bourses in Asia and Russia chalked up solid gains while Turkey's stock index roared 1.4 percent higher to a two-year high, led by shares of...

  • Stability the key theme in China: Economist

    Tao Wang of UBS says the government provided assurance during the National People's Congress that stability is key this year.

  • The bottom line for growth in China

    Mitul Kotecha of Barclays says growth has to be much lower than the targeted 6.5 percent if China wants to deal with its corporate debt problems.

  • 'Positive signals' from the Chinese economy: Strategist

    Uwe Parpart of Capital Link International weighs in on the economic and personnel-related issues arising from the National People's Congress.

  • BEIJING, March 5- China has cut its growth target this year as the world's second-largest economy pushes through painful reforms to address a build-up in debt and strives to keep a lid on risks in its financial sector. China aims to expand its economy by around 6.5 percent in 2017, Premier Li Keqiang said at the opening of the annual meeting of parliament on Sunday.

  • BEIJING, March 5- China has cut its growth target this year as the world's second-largest economy pushes through painful reforms to address a build-up in debt and strives to keep a lid on risks in its financial sector. China aims to expand its economy by around 6.5 percent in 2017, Premier Li Keqiang said in remarks prepared for delivery at the opening of the...

  • *China targets 2017 GDP growth target of around 6.5 percent. *China targets 2017 CPI target of around 3 percent. *China targets 2017 budget deficit target at 3 percent of GDP.

  • Chinese Premier to unveil growth targets

    CNBC's Eunice Yoon discusses what to expect at China's National People's Congress this weekend, at which key economic forecasts will be unveiled.

  • TOKYO, March 3- Japan's economy likely grew faster in the fourth quarter than initially reported, as companies ramped up investment in plant and manufacturing equipment, a Reuters poll showed. "Corporate sentiment among manufacturers has been improving, and we are finally starting to see this reflected in capital expenditure," said Hiroshi Miyazaki, senior...

  • Investors around the world are predicting a number of calamitous downturns for China’s economy, experts from Morgan Stanley are making the opposite call.

  • *Canadian dollar ends at C $1.3399, or 74.63 U.S. cents. *Loonie touches its weakest since Jan. 4 at C $1.3402. Canada's 2- year yield fell 1.4 basis points further below its U.S. equivalent to a spread of -54.1 basis points, its largest gap since January 2016.

  • March 2- Look no further than Thursdays initial public offering of Snap Inc for a short course on why Donald Trump is highly unlikely to make his target of 3 percent annual economic growth. His transition team told Council of Economic Advisors staffers to base projections on sustained growth of 3 to 3.5 percent. Snaps market cap of north of $40 billion makes it...

  • NEW DELHI, March 1- Surprised again by India's strong official growth statistics, economists are relying increasingly on high-frequency indicators like bank credit and rail freight to gauge the real health of Asia's third-largest economy. For India's cash-reliant economy, Prime Minister Narendra Modi's decision in November to outlaw old 500 and 1,000...

  • *Canadian dollar at C $1.3380, or 74.74 U.S. cents. At 9:03 a.m. ET, the Canadian dollar was trading at C $1.3380 to the greenback, or 74.74 U.S. cents, weaker than Wednesday's close of C $1.3335, or 74.99 U.S. cents, which was the currency's weakest settlement since early January. "For the Canadian dollar, we're not seeing a big response yet, but I think it's fairly clear...

  • TPP without US is as dead as Doha: Academic

    Tim Harcourt of the University of New South Wales talks about the outlook for trade in Australia.

  • NEW DELHI, March 1- Surprised again by India's strong official growth statistics, economists are relying increasingly on high-frequency indicators like bank credit and rail freight to gauge the real health of Asia's third-largest economy. For India's cash-reliant economy, Prime Minister Narendra Modi's decision in November to outlaw old 500 and 1,000...

  • NEW DELHI, March 1- Surprised again by India's strong official growth statistics, economists are relying increasingly on high-frequency indicators like bank credit and rail freight to gauge the real health of Asia's third-largest economy. For India's cash-reliant economy, Prime Minister Narendra Modi's decision in November to outlaw old 500 and 1,000...