BANGALORE, July 24- India's economic growth will accelerate this fiscal year but economists in a Reuters poll trimmed their forecasts, tempering their optimism the first majority government in three decades would quickly bring in reforms and spur business investment.» Read More
PUBLIC DEBT IN FISCAL 2039 AT 106 PCT OF GDP VS 102 PCT IN SEPT 2013 ESTIMATE, 74 PCT IN FISCAL 2014.
*BOJ keeps policy steady, as widely expected. TOKYO, July 15- The Bank of Japan's governor voiced confidence on Tuesday that inflation would hold above 1 percent even when a boost from energy costs fades, attempting to convince sceptics the economy was recovering and there was no threat of a return to deflation.
*Fed chief to testify to Congress on Tuesday, Wednesday. TOKYO, July 15- The dollar edged up against the yen on Tuesday after the Bank of Japan tweaked its growth forecast lower, although currency moves were small as investors waited for Federal Reserve Chair Janet Yellen's congressional testimony later in the session.
Boris Schlossberg, Managing Director of BK Asset Management, says the Aussie dollar may fall to 91 cents against the greenback if China's second quarter growth report disappoints.
Germany's financial strength is "among one of the best" in the world explains Moritz Kraemer, chief rating officer for sovereign ratings at Standard & Poor's after the ratings agency reaffirmed the country's AAA rating.
Vishnu Varathan, Senior Economist at Mizuho Bank, expects manufacturing to remain weak throughout 2014 but says a rebound in China's factory activity may provide a slight boost.
Glenn Maguire, Chief Economist, Asia Pacific at ANZ, says volatility in the pharmaceutical and electrical sectors may have weighed on Singapore's economy in the second quarter.
Toby Lawson, Managing Director of Newedge, expects Beijing's "mini stimulus" to have stabilized growth in the second quarter, but warns of risks from the property sector.
CNBC's Christine Tan breaks down this week's key risk events.
WASHINGTON, July 10- U.S. wholesale inventories rose in May, reinforcing the view that economic growth should surge in the second quarter following a weak first three months of the year. The Commerce Department said on Thursday wholesale inventories increased 0.5 percent from a month earlier.
NEW DELHI, July 9- India's economy is expected to grow by up to 5.9 percent in the current fiscal year, the new government of Prime Minister Narendra Modi said in a major economic report on Wednesday that called for fiscal consolidation to bring down inflation.
CNBC's Steve Liesman, breaks down the numbers on jobs growth and the nation's gross domestic product.
BEIJING, July 7- China's economy probably steadied in the second quarter with annual growth holding firm at 7.4 percent, a Reuters poll showed, suggesting that a recovery is taking hold as a flurry of government stimulus measures kick in.
CAIRO, July 6- Egypt raised the sales tax on cigarettes by up to 120 percent on Sunday and doubled the tax on alcohol as part of a series of measures to curb the budget deficit and reform the economy. Egypt is trying to reduce its deficit to 10 percent of gross domestic product in the next fiscal year, from an expected shortfall of 12 percent in 2013/ 14..
The "Squawk on the Street" news team discusses the Dow's run to 17,000 ahead of Thursday's jobs report.
IMF KEEPS 0.2 PCT RUSSIAN GDP GROWTH FORECAST FOR 2014 UNCHANGED VS ECONOMY MINISTRY FORECAST OF 0.5 PCT; SEES 2014 INFLATION AT 6.5 PCT VS CENTRAL BANK ESTIMATE OF AROUND 6 PCT.
Maury Harris, UBS chief U.S. economist, and David Blitzer, S&P Dow Jones Indices, share their outlook on the economy and jobs.
Daniele Antonucci, European economist at Morgan Stanley, comments on the latest euro zone data and says that there seems to be a "growth rotation" towards reformist economies such as Spain.
Markus Schomer, Chief Economist at Pinebridge Investments, expects the U.S. to see growth above 3 percent in the second half of 2014 and explains why bonds are a "futile economic indicator."
NAIROBI, June 30- Kenya's economy expanded 4.1 percent year-on-year in the first quarter of 2014, slowing from 5.2 percent growth in the same period last year, the statistics office said on Monday. The east African nation has been hit by a spate of gun and grenade attacks in recent months, blamed on Islamists from neighboring Somalia, curbing tourist arrivals.