Guggenheim's Scott Minerd says that the overflow of negative bond yields in Europe could push U.S. Treasurys south.» Read More
*Q4 GDP revised to annualised +1.5 pct vs prelim +2.2 pct. TOKYO, March 9- Japan's economy grew less than initially reported in the fourth quarter as capital expenditure declined in a worrying sign that a rebound in consumer spending is not encouraging business investment. "One reason for disappointing capex is the shift in production overseas that has been...
TOKYO, March 9- Japanese gross domestic product rose an annualized 1.5 percent in the October-December quarter, revised government data showed on Monday, less than the preliminary reading of a 2.2 percent increase as capital expenditure weakened. The median forecast was for 2.2 percent annualized growth in a Reuters poll of economists.
TOKYO, March 9- Japanese gross domestic product rose an annualised 1.5 percent in the October-December quarter, revised government data showed on Monday, less than the preliminary reading of a 2.2 percent increase as consumer spending and capital expenditure weakened. The median forecast was for 2.2 percent annualised growth in a Reuters poll of economists.
CNBC's Rick Santelli discusses jobs report, productivity gains and trade promotion authority, with Ed Lazear, Hoover Institute senior fellow.
Ahead of the opening bell for the U.S. markets today, Scott Shellady, senior vice president at TJM Investments, discusses nonfarm payrolls and quantitative easing
*GDP, c/a due 2350 GMT on March 8, machine orders due March 10. TOKYO, March 6- Revised fourth-quarter Japanese data on Monday is likely to show capital spending was slightly stronger than expected, but overall economic growth was little changed from initial estimates, confirming the economy only managed to limp out of recession. "Capital spending will likely head...
Nicole Wong, regional head of Property Research at CLSA, says China's property market is seeing improving conditions on the back of supportive policies.
Nicholas Ferres, investment director, Global Asset Allocation at Eastspring Investments, explains why China's growth target for 2015 "doesn't make sense."
Gina Sanchez, chairwoman & founder of Chantico Global, disputes the belief of bad weather impacting jobs creation in the U.S. and says February's report is unlikely to see wage growth.
Stephen Roach, senior fellow at Yale University, says China's new growth target of "about 7 percent" shows that it is moving away from the old practice of central planning.
NICOSIA, March 5- The European Central Bank raised its economic growth forecasts on Thursday but cut its inflation projection for 2015 to zero, reflecting the impact of last year's sharp drop in oil prices and euro weakness. Its last outlook, in December, was finalized before crude oil prices bottomed out. "The risks surrounding the economic outlook for the euro...
CNBC's Susan Li reports China lowers its growth outlook and increases government spending to $2.7 trillion in 2015.
CORRECTED- CHINA TO MAINTAIN NEUTRAL MONETARY POLICY TO ENSURE GDP GROWTH OF 6 PCT TO 7 PCT: C.BANK ADVISOR.
Eswar Prasad, senior professor of Trade Policy at Cornell University, says Beijing is trying to de-emphasize its growth target and send a strong signal that they remain committed to reforms.
Craig James, chief economist at Comm Sec, says strong growth in Australia's housing sector may be able to offset weakness in the mining industry.
Wei Yao, China economist at Societe Generale and Paul Bloxham, chief economist, Australia & New Zealand at HSBC, discuss whether a 7 percent growth target contradicts with China's reform efforts.
Paul Bloxham, chief economist, Australia & New Zealand at HSBC, says Australia's growth data for the fourth quarter are a "downside surprise" and vindicate the central bank's rate cut decision last month.
Matthew Circosta, economist at Moody's Analytics, expects the Australian economy to expand 0.5 percent on-quarter in the October-December period.
March 3- U.S. chief executive officers are modestly more upbeat about the economy and almost half plan to increase capital spending over the next six months, a quarterly business group survey said on Tuesday. CEOs expect U.S. gross domestic product to rise by 2.8 percent this year, compared to a projection of a 2.4 percent increase a quarter earlier, according to...
DUBAI, March 3- Dubai's flagship airline Emirates contributes 6.8 billion euros to the European Union economy, it said on Tuesday, in an apparent response to criticism from rivals that government subsidies give Gulf carriers an unfair advantage. Emirates first flew to Europe in 1987 and since then has grown to 350 passenger flights a week from Europe, its...