Martin Schulz, Managing Director, International Equity at PNC Capital Advisors, says China's growth rate could come in below 7 percent since structural reforms need time to take effect.» Read More
Jose Sio, Executive Vice President and Chief Financial Officer at SM Investments Corporation, expects the robust Philippine economy to support the company's expansion strategy.
*Trade deficit widens to $42.3 billion in February. WASHINGTON, April 3- The U.S. trade deficit unexpectedly widened in February as exports hit a five-month low, suggesting first-quarter growth could be much weaker than initially anticipated.
MOSCOW, April 3- Russia's economy could grow significantly below 1 percent in gross domestic product terms this year if current trends continue, Deputy Economy Minister Andrei Klepach said on Thursday. "Our economy is not in crisis, but there is stagnation," Klepach told a local conference.
Yulia Tseplyeva, chief economist at Sberbank, says she is "not optimistic" about Russian structural reforms after the saga with Ukraine.
*Economy grows 0.5 pct in Jan; fell 0.5 pct in Dec. OTTAWA, March 31- The Canadian economy bounced back more strongly than expected in January from a weather-induced decline in December but failed to regain all the output that was lost in the final month of 2013, Statistics Canada said on Monday.
*Gold hits 6- week bottom on worry over U.S. rate hike. *Citigroup shares post biggest daily drop since Nov. 2012.
*Citigroup shares slump after Fed rejects capital plan. Markets were also pressured by a steep decline in Citigroup Inc shares, which suffered their biggest daily drop since November 2012 after the Federal Reserve rejected the bank's capital plan.
*Citigroup falls in premarket, Fed rejects capital plan. NEW YORK, March 27- U.S. stock index futures indicated a flat opening on Wall Street Thursday as the latest economic data pointed to improving conditions, though investors were reluctant to make big bets amid tensions in Ukraine and a drop in Citigroup shares.
CNBC's Rick Santelli reports the latest data on unemployment and growth in the U.S. economy.
*Citigroup falls in premarket, Fed rejects capital plan. *On Wednesday, the U.S. and the European Union agreed to work together to prepare possible tougher economic sanctions in response to Russia's annexation of Ukraine's Crimea territory, including on the energy sector.
Lawrence Lindsey, The Lindsey Group president & CEO, shares his thoughts on Fed policy, economic growth and what will likely trigger a hike in interest rates.
There's not enough capital on the planet for banks to cover all risks, says Lawrence Lindsey, The Lindsey Group president & CEO talking with Alison Deans, Varick Asset Management, about regulations and the Fed's capital requirements for banks.
UKRAINE'S YATSENIUK SAYS IF IMF-DEMANDED AUSTERITY MEASURES ARE NOT ADOPTED, GDP COULD FALL 10 PCT IN 2014 AND THE ECONOMY COULD DEFAULT.
MOSCOW, March 27- Russian Economy Minister Alexei Ulyukayev said on Thursday capital outflow could be around $100 billion this year, and this would mean that gross domestic product in 2014 would slow to about 0.6 percent.
ECONOMY MINISTER ULYUKAYEV SEES RUSSIA'S NET CAPITAL OUTFLOW AT $100 BLN IN 2014, SAYS WITH SUCH OUTFLOW ECONOMY LIKELY TO GROW.
MOSCOW, March 26- The Russian economy may contract markedly this year and the country could see record capital outflow of $150 billion if the crisis over Moscow's annexation of Ukraine's Crimea deepens, the World Bank warned on Wednesday.
This comes at a critical time, says CNBC's Rick Santelli breaking down the better-than-expected numbers on durable goods.
MADRID, March 26- The Spanish economy is on track for recovery, the Bank of Spain said on Wednesday, with gross domestic product seen expanding by 1.2 percent in 2014, above government forecasts, thanks to growth in domestic demand and exports.
MOSCOW, March 26- Russia's economy could contract by 1.8 percent in gross domestic product terms this year if the crisis following Moscow's annexation of Ukraine's Crimea deepens, the World Bank said on Wednesday. "If the Russia- Ukraine conflict escalates, uncertainty could rise around sanctions from the West and Russia's response to them."
SEOUL, March 26- Following are details of South Korea's revised gross domestic product data for the October-December period, released by the Bank of Korea on Wednesday: OVER PREVIOUS QUARTER, SEASONALLY ADJUSTED.