BEIJING, July 23- China saw some capital outflows in the second quarter, the country's foreign exchange regulator said on Wednesday, adding that the yuan is now recovering as the economy stabilises.» Read More
*China Q2 GDP growth slightly higher than forecast at 7.5 pct. LONDON, July 16- Aluminium touched the highest levels in 13 months on Wednesday after data showed stronger economic growth in top metals consumer China amid producer cutbacks and eroding inventories. said Grant Sporre, head of metals research at Deutsche Bank.
*China data lifts stocks, oil and metals outlook. LONDON, July 16- Stocks rose in Europe on Wednesday after China reported economic growth figures that were slightly stronger than markets had expected, although the reaction in Asia was more muted. The China data helped push Shanghai zinc and London aluminium close to their highest in more than a year.
*Property cooldown now seen as biggest risk to economy-analysts. BEIJING/ HONG KONG, July 16- China's home sales surged in June as state-controlled banks offered more credit to buyers to avert a sharper slowdown in the sector, but analysts said weakness in the property market remained the biggest single risk facing the economy.
*China Q2 GDP grows 7.5 pct on year. SYDNEY, July 16- A slight pick up in the pace of China's economic growth in the second quarter brightened the outlook for metals demand on Wednesday, helping drive Shanghai zinc and London aluminium near their highest in more than a year.
Where to invest now, with Leah Bennett, South Texas Money Management, and Brian Bradshaw, BP Capital Twinline Energy Fund.
U.S. public debt remains unsustainable and will reach 106 percent of economic output in 25 years, the Congressional Budget Office said.
WASHINGTON, July 15- U.S. public debt remains on an unsustainable path and will reach 106 percent of economic output in 25 years versus about 74 percent currently, the Congressional Budget Office said on Tuesday, marking a slight increase from projections made last September.
WASHINGTON, July 15- U.S. public debt will grow to 106 percent of economic output in 25 years from about 74 percent currently, the Congressional Budget Office said on Tuesday, marking a slight increase from projections made last September.
LONDON, July 15- Global investors betting on a pickup in economic growth in the second half of 2014 have driven equity overweight positions to three-year highs, a closely watched survey showed on Tuesday.
*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.
BERLIN— A survey shows that German investor confidence fell for the seventh consecutive month in July, in another indication that Europe's biggest economy may be coming off the boil. ZEW president Clemens Fuest said recent data had a sobering effect but that "the medium-term economic outlook remains favorable."
*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.
TOKYO, July 15- The Bank of Japan kept monetary policy steady on Tuesday and slightly trimmed its economic growth forecast for the current fiscal year, reflecting soft exports and a bigger-than-expected slump in household spending after the April sales tax hike.
WASHINGTON— U.S. business economists have sharply cut their growth forecasts for the April-June quarter and 2014, though they remain optimistic that the economy will rebound from a dismal first quarter.
Should investors be spooked by the markets? Brian Belski, BMO Capital Markets and Frederic Dickson, D.A. Davidson & Co, share their current market forecast.
TOKYO, July 11- Japanese Economics Minister Akira Amari warned that it would be premature for the Bank of Japan to consider an exit strategy from its massive stimulus program, voicing hope instead for further monetary easing if achievement of its inflation goal falls behind schedule.
The "Squawk on the Street" crew discusses Lumber Liquidators' weak Q2 and full-year outlook, as well as the state of housing demand.
*Bank of Korea cuts GDP, CPI forecasts; recovery seen on track. As expected, the Bank of Korea left its policy interest rate unchanged at 2.50 percent for the 14th straight month and trimmed its economic forecasts to reflect recent softness, but its governor maintained the view that Asia's fourth-largest economy was still on a recovery track.
*Trade surplus $31.6 bln vs $35 bln forecast. BEIJING, July 10- China's trade performance improved in June but still missed market forecasts, reinforcing expectations that Beijing will have to unveil more stimulus measures to stabilise the economy and meet its 2014 growth target.
SEOUL, South Korea— South Korea's central bank said economic growth will be slower than expected this year because consumer spending has waned following a deadly ferry sinking. Lee Ju- yeol, governor at the Bank of Korea, said Thursday that South Korea's economy will expand 3.8 percent this year instead of 4.0 percent predicted in April.