BRICS
More
-
*Brazil, Latin American economies in slower growth path. WASHINGTON, April 19- Brazil and other Latin American countries need to realize their economic boom could be over because of cooler global demand for their minerals and farm goods, International Monetary Fund officials said on Friday.
-
*Russia's Siluanov: G20 agreed on' soft parameters' on debt. Russia- this year's G20 chair- had hoped to secure an agreement on setting fixed targets for reducing debt by the time G20 leaders meet in St. Petersburg in September.
-
*Russia's Siluanov: Nations agreed on' soft parameters' on debt. April 19- Finance leaders of the G20 economies said on Friday they agreed they did not need to set hard targets for reducing national debt levels, and said they would be watching for negative effects from massive monetary stimulus efforts, such as Japan.
-
April 19- Honeywell International Inc posted a bigger-than-expected rise in quarterly profit on cost cuts and raised the lower end of its 2013 earnings forecast, putting its stock on pace for its biggest single-day rise in nine months. Shares of Honeywell were up 4 percent at $74.10 in early afternoon trading on the New York Stock Exchange on Friday.
-
April 19- Finance leaders of the G20 economies gathered on Friday to debate how best to rein in debt levels and the potential dangers from the latest round of aggressive easing of monetary policy from the world's biggest central banks.
-
Russia's inflation level remains too high and reducing it is the key priority, according to the woman set up to take charge of the country's central bank in June.
-
*Yen drops on Japan finance minister's comments. LONDON, April 19- The yen fell on Friday as macro funds resumed selling after Japan said the Group of 20 accepted its stance that its aggressive monetary expansion was aimed at beating deflation and not at competitive devaluation.
-
BANGALORE, April 19- Asian economies will likely grow faster in 2013 than the previous year, but the pace of expansion will remain subdued largely because of a weaker-than-expected recovery in China, a Reuters poll showed.
-
*For full poll results for China, click on. BEIJING, April 19- China's economic growth is forecast to pick up slightly to 8.0 percent in 2013, a Reuters poll shows, as government spending on infrastructure and steady monetary policy help activity regain momentum after an unexpected slowdown in the first quarter.
-
The euro zone will slow its budgetary belt-tightening to help reinvigorate economic growth, a top EU official said on Thursday.
-
*Dollar, euro rise against yen on Japan finmin's comments. SINGAPORE, April 19- The yen fell on Friday after Japan said the Group of 20 has accepted Tokyo's stance that the Bank of Japan's sweeping monetary expansion is aimed at beating deflation and not at competitively weakening the yen.
-
April 19- Finance leaders of the G20 economies on Friday were set to debate specific targets for reigning in debt levels and the potential dangers from the latest round of aggressive easing of monetary policy from the world's biggest central banks.
-
SINGAPORE, April 19- The yen fell broadly on Friday after Japanese Finance Minister Taro Aso said Japan faced no G20 opposition to its stance that the Bank of Japan's aggressive monetary stimulus is aimed at beating deflation.
-
*Euro zone has faced pressure to slow from Washington. WASHINGTON, April 18- The euro zone will slow its budgetary belt-tightening to help reinvigorate economic growth, a top EU official said on Thursday, highlighting a policy shift the United States has long been pressing for.
-
*Spain sees successful debt sale on rate cut hopes. NEW YORK, April 18- Stock markets around the world dipped on Thursday, fluctuating between gains and losses as investors worried about the economic outlook following weak U.S. data but also looked for a rebound from recent declines.
-
*Russia's Q1 GDP growth at 1.1 pct, below potential. MOSCOW, April 18- Two senior Russian officials warned political leaders on Thursday against rushing into more spending to stimulate a struggling economy at the risk of higher inflation.
-
TOKYO, April 18- A small rise in Japanese exports, improving business confidence and surging investment flows demonstrated early successes for Prime Minister Shinzo Abe's radical pro-growth strategy, but firms have yet to see signs of a sustained boost to economic activity.
-
For the fiscal year to March 2013, Japan logged a record trade deficit of 8.17 trillion yen, reflecting a slump in global demand and higher fuel import costs. The figures showed exports to the United States jumped 7.0 percent from a year earlier, but shipments to China fell 2.5 percent.
-
TOKYO, April 18- Japanese exports rose 1.1 percent in March from a year earlier, up for the first time in two months, but the country logged a trade deficit for the ninth straight month amid higher costs for energy imports.
-
*Russia also says G-20 should stick to prior currency pledge. WASHINGTON, April 17- A debt-cutting proposal that the world's 20 largest economies plan to agree on later this year will have different targets for countries depending on their economic conditions, Russia's deputy finance minister said on Wednesday.