GO
Loading...

Enter multiple symbols separated by commas

Recession

More

  • Will a recession surface?   Monday, 18 May 2015 | 10:13 AM ET
    Will a recession surface?

    Tom Porcelli, RBC Capital Markets, and Art Hogan, Wunderlich Securities, discuss a recession outlook and what investors should be focusing on as markets approach record territory.

  • *March core orders +2.9 pct vs forecast +1.8 pct. TOKYO, May 18- Japan's core machinery orders grew in March for the first time in two months but they are seen sliding in the current quarter, suggesting that weak capital spending could further sap momentum from an economy struggling to rebound from a recession. "Japanese firms are not in a situation where they can...

  • *March core orders +2.9 pct vs forecast +1.8 pct. *Core orders up 3rd straight qtr, seen down ahead. TOKYO, May 18- Japan's core machinery orders grew in March for the first time in two months but they are seen slipping in the current quarter, suggesting that weak capital spending could further sap momentum from an economy struggling to rebound from a recession.

  • *Ukraine economy to plunge 7.5 pct in 2015. *Russia to shrink 4.5 pct in 2015, vs 4.8 in Jan f'cast. Russia is expected to remain in a deep recession as Western sanctions bite, though the EBRD now sees its economy contracting 4.5 percent this year compared with 4.8 percent it forecast in January as global oil prices rebound.

  • *Sales tax hike last year tipped Japan into recession. TOKYO, May 13- Bank of Japan Governor Haruhiko Kuroda said the economy was gradually emerging from recession, but he acknowledged last year's sale tax hike dealt a bigger blow on growth than initially expected. Japan's economy emerged from recession caused in part by last April's sales tax hike to 8 percent...

  • Judge: Banks misled Fannie, Freddie in 2008 Tuesday, 12 May 2015 | 10:04 AM ET
    A Royal Bank of Scotland (RBS) sign is pictured outside a branch in central London.

    Nomura Holdings, Royal Bank of Scotland mortgage bonds contained misrepresentations in 2008, says judge. New York Times reports.

  • RIO DE JANEIRO, May 8- Brazil's monthly inflation rate eased more than expected in April to the lowest in five months, data showed on Friday, underpinning government expectations that the worst of Brazil's recent price surge is over. Brazil's annual inflation rate remained well above the government's target at a 11- year high, though, backing up forecasts for...

  • SINGAPORE, May 8- Oil prices stabilised on Friday, following a steep fall in the previous session, as the demand outlook in Asia remained healthy despite slowing economic growth. Thomson Reuters Oil Research and Forecasts said early indicators showed that seaborne crude flows into Asia would be around 80-82 million metric tonnes in May, broadly steady with...

  • *Governor Kuroda to brief media 0630 GMT. TOKYO, April 30- The Bank of Japan trimmed its consumer price forecasts on Thursday and pushed back the timeframe to hit its ambitious inflation target but refrained from expanding its already massive stimulus programme, predicting a recovering economy will gradually nudge prices higher. It will keep increasing base...

  • *BOJ's semi-annual report due 0600 GMT. TOKYO, April 30- The Bank of Japan maintained its massive monetary stimulus on Thursday, holding off on additional easing for now on hopes that rising wages will spur spending and eventually nudge inflation towards its 2 percent target. Markets are now focusing on the central bank's semi-annual report on the economic and...

  • *Policy decision seen 0300-0500 GMT, forecasts 0600 GMT. TOKYO, April 30- The Bank of Japan is expected to hold off on expanding monetary stimulus on Thursday despite trimming its inflation and growth forecasts, clinging to hope that rising wages will spur spending and keep the economic recovery on track. Japan is emerging from recession but at a snail's pace, as...

  • TOKYO, April 24- Inflation is anticipated to reach barely half the rate that the Bank of Japan expects for this fiscal year and next, a Reuters poll has found, emphasizing the degree of difficulty seen in achieiving the ambitious price target. Analysts in the survey appeared skeptical of the BOJ's rosy inflation outlook and Governor Haruhiko Kuroda's bullish...

  • TOKYO, April 22- The Bank of Japan is expected to hold off on expanding monetary stimulus at next week's rate review even though the central bank is likely to trim its inflation forecast for this fiscal year, said sources familiar with its thinking. In a twice-yearly review of its forecasts on April 30, the BOJ is seen slightly downgrading its core consumer...

  • TOKYO, April 22- The Bank of Japan is expected to hold off on expanding monetary stimulus next week even though the bank is likely to slightly reduce its inflation forecast for this fiscal year, said sources familiar with its thinking. In a semiannual outlook report due at a rate review on April 30, the central bank is seen slightly downgrading its core consumer...

  • TOKYO, April 22- The Bank of Japan is likely to cut its inflation outlook for the current fiscal year next week, but will forecast price growth to roughly reach 2 percent in the following two years, sources said, underscoring the BOJ's conviction that a steady recovery will keep the economy on track to hit the target. Many BOJ policymakers prefer to hold off on...

  • GENEVA, April 14- Global goods trade will grow by 3.3 percent this year and by 4.0 percent in 2016, less than previously forecast, mainly due to sluggish economic growth, the World Trade Organization said on Tuesday. "We expect trade to continue its slow recovery but with economic growth still fragile and continued geopolitical tensions, this trend could easily...

  • *Japan Inc, wary of outlook, cautious about boosting spending. TOKYO, April 13- Japan's core machinery orders fell for a second straight month in February in a sign that business investment remains soft, and analysts say the smaller-than-expected decline won't necessarily allow policymakers to relax given an uncertain economic outlook.

  • *Japan Inc, wary of outlook, cautious about boosting spending. TOKYO, April 13- Japan's core machinery orders, a key gauge of capital spending, fell for a second straight month in February in a sign of soft business investment that could challenge policymakers' efforts to shake off decades of economic malaise. But weak capital spending plans for the new fiscal year...

  • GOIANIA, Brazil April 10- The Brazilian economy will likely shrink this year, but the South American country could return to growth in 2016 if it succeeds in boosting investor confidence with its austerity drive, the International Monetary Fund said on Friday. The IMF lowered its 2015 forecast for Brazil's economic performance to a 1 percent contraction from...

  • IMF's Lagarde sees 'new reality' of mediocre growth Thursday, 9 Apr 2015 | 10:40 AM ET

    WASHINGTON, April 9- Mediocre economic growth could become the "new reality," leaving millions stuck without jobs and increasing the risks to global financial stability, the head of the International Monetary Fund warned on Thursday. Christine Lagarde, the managing director of the IMF, first warned in October the global economy could be stuck on a "new mediocre"...