GO
Loading...

BRICS

More

  • BEIJING, Sept 13- China's factory output grew at the lowest pace in nearly six years in August while growth in retail sales and investment also cooled, adding to signs of fragility in the economy that may prod Beijing into fresh policy measures to prevent a sharper slowdown.

  • NEW DELHI, Sept 12- India's industrial output growth hit a four-month low in July while inflation remained high, underscoring the challenge for Asia's third-largest economy to make a sustained recovery from its longest stretch of sub-par growth in decades.

  • MOSCOW, Sept 12- The Russian Central Bank left its key interest rates on hold at a regular meeting on Friday, signalling it is more worried about the sanctions-hit economy than high inflation which remains above the bank's target. The decision keeps the bank's central policy rate, the one-week minimum auction repo rate, at 8 percent, and was broadly expected.

  • *Industrial output, inflation data to be released at 1200 GMT. NEW DELHI, Sept 12- India's industrial output growth likely slowed for a second straight month in July, while inflation probably remained high, with Asia's third-largest economy struggling to make a sustained recovery from its longest stretch of sub-par growth in decades.

  • *Gazprom writes off 71.3 bln roubles over Ukraine debt. MOSCOW, Sept 11- Russia's Gazprom reported a 41 percent fall in first-quarter net profit after cutting prices for gas deliveries to Ukraine, and has lowered projections for exports and gas prices in Europe, its main source of revenue.

  • BEIJING, Sept 11- China's consumer inflation cooled more than expected in August, further evidence after a fall in imports that the economy is losing momentum, but giving policymakers room for more stimulus measures if needed.

  • China's economy can avoid hard landing - Premier Li Wednesday, 10 Sep 2014 | 6:06 AM ET

    TIANJIN, China, Sept 10- China's economy can avoid an sharp drop in growth, Premier Li Keqiang said on Wednesday as he promised to accelerate China's switch to an economic model driven by science and innovation. Speaking at the World Economic Forum in the northern city of Tianjin, Li said China would continue to pursue structural reforms in its economy.

  • Russia Deputy PM: BRIC will benefit the world     Tuesday, 9 Sep 2014 | 10:10 PM ET

    Arkady Dvorkovich, Deputy Prime Minister of Russia, discusses Russia-China relations and explains why cooperation between the BRIC nations is beneficial for the world.

  • RIO DE JANEIRO, Sept 9- Moody's Investors Service on Tuesday said it may cut Brazil's credit rating in the next couple of years as the economy slows down, putting added pressure on whoever is elected president in October to change course on economic policy.

  • Sept 9- Moody's Investors Service lowered its outlook on Brazil's government bond rating to' negative' from' stable', saying the country's sustained low economic growth and worsening debt metrics reflected a risk of reduced creditworthiness.

  • China main share index ends flat on economic worries Tuesday, 9 Sep 2014 | 3:11 AM ET

    SHANGHAI, Sept 9- China's main share index ended flat on Tuesday, following a six-day gaining streak, on expectations that data this week will add to worries over the economy. The Shanghai markets were closed on Monday for the Mid-Autumn Festival.

  • SHANGHAI, Sept 9- China shares fell slightly by midday on Tuesday, reversing gains after rising for six straight sessions, on expectation that data this week will add to worries over the economy. The CSI300 of the leading Shanghai and Shenzhen A-share listings was down 0.3 percent after hitting a nine-month closing high on Friday.

  • SHANGHAI, Sept 9- China's yuan strengthened to a six-month high against the dollar on Tuesday after the central bank set a sharply stronger midpoint even amid worries that the economy is slowing.

  • Russia sees oil output edging down in 2015 Monday, 8 Sep 2014 | 8:43 AM ET

    MOSCOW, Sept 8- Russian oil production, a major source of government revenue, may decline slightly next year, having risen steadily since 2009, the Energy Ministry said on Monday. With Russia's $2 trillion economy heavily dependent on crude exports and on the brink of recession, oil production and prices are closely monitored by the Kremlin.

  • *China Aug import growth worst in over a year. LONDON, Sept 8- Copper rose on Monday as weak Chinese import data prompted speculation about looser monetary policy from Beijing, while nickel hit a two-month high on worries over potential supply constraints from the Philippines.

  • *Copper shipments steady, crude oil imports rise. *China steel mills have been slashing output. China's economy has had a bumpy ride this year.

  • BERLIN, Sept 8- Germany posted a record trade surplus of 22.2 billion euros in July, suggesting Europe's largest economy could bounce back strongly in the third quarter after suffering a surprise contraction in the second.

  • BEIJING, Sept 8- China's exports rose more than forecast in August while imports unexpectedly fell, pushing the trade surplus to a record high for the second consecutive month and underlining the challenges facing policymakers as they struggle to revive tepid domestic demand.

  • While data from China may give clarity on a pattern of uneven growth there, it is in Europe that the prospects for the economy are most uncertain, although a ceasefire in Ukraine could lift the mood and avoid new EU sanctions on Russia this week.

  • *Most dealers see first rate hike in Q2 2015. *8 of 15 dealers see Fed ending bond investment in 2016. NEW YORK, Sept 5- A majority of Wall Street's top bond firms see the Federal Reserve starting to raise interest rates by the second quarter of next year, showing slightly more aggressive expectations compared with a month ago, a Reuters survey showed on Friday.