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Economic Regions BRICS

  • BEIJING, Sept 12- The world economy is showing positive signs, but is still fragile and countries should rely on structural reforms, not quantitative easing, to support growth, Chinese Premier Li Keqiang said on Tuesday. Li, who was meeting with the heads of global organisations including International Monetary Fund Managing Director Christine Lagarde and...

  • SAO PAULO— Brazil's main stock market index closed at an all-time high Monday, an indication that investors feel the worst days of the country's economic slide could be over. Sao Paulo's Bovespa index rose 1.7 percent to 74,319 points, well above the previous record of 73,516 set May 20, 2008, when Brazil's economy was booming. The rise was fueled in part by Temer...

  • *reuters:// realtime/verb= Open/url= cpurl:// apps.cp./ Apps/cb-polls? *Regular rate-setting meeting due on Sept. 15. MOSCOW, Sept 11- The Russian central bank is expected to cut its key rate to 8.5 percent on Friday, catching up with a rapid slowdown in inflation, a Reuters poll showed on Monday.

  • An employee works on an assembly line producing Mercedes-Benz cars in Beijing, August 31, 2015.

    China's producer price inflation accelerated more than expected to a four-month high in August.

  • BEIJING, Sept 9- China's producer price inflation accelerated more than expected to a four-month high in August, fueled by strong gains in raw materials prices and pointing to strong, sustained growth for both factory profits and the economy. "The unexpected rise in both CPI and PPI suggests that there is little hope China's monetary policy could see some...

  • BEIJING, Sept 9- China's producer price inflation accelerated more than expected to a four-month high in August, fueled by strong gains in raw materials prices and pointing to strong, sustained growth for both factory profits and the economy. China's industrial firms have been posting their strongest profits in years thanks to a government-led construction...

  • BEIJING, Sept 8- China's trade suplus with the United States in August rose to $26.23 billion, its highest since September 2015, compared with $25.2 billion a month earlier, Chinese customs data on Friday showed. China's Jan-August trade surplus with the U.S. was $168.06 billion. Trump in August authorized an inquiry into China's alleged theft of intellectual...

  • *Imports rise 13.3 pct in August, exports +5.5. BEIJING, Sept 8- China posted stronger-than-expected import growth in August, reinforcing views that the world's second-largest economy is still expanding at a healthy pace despite tighter policy. China's imports grew 13.3 percent from a year earlier, official data showed on Friday, handily beating analysts'...

  • BEIJING— China's export growth weakened in August as global demand softened while imports showed unexpected strength despite expectations of a slowdown in the world's second-largest economy. China has been credited with helping to support global demand and weaker imports might hurt suppliers for whom this country is a major market.

  • BEIJING, Sept 8- China posted stronger-than-expected import growth in August, reinforcing views that the world's second-largest economy is still expanding at a healthy pace despite tighter policy. China's imports grew 13.3 percent from a year earlier, official data showed on Friday, handily beating analysts' forecast of 10 percent, after rising 11.0 percent...

  • *Exports to China grow 20-40 pct across SE Asia in H1. Even as the rest of the world feels the pinch of Beijing's clampdown on outbound capital, China is plowing money into Southeast Asia much of it into infrastructure projects related to President Xi Jinping's signature Belt and Road initiative. Exports to China from Indonesia and Malaysia grew more than 40...

  • BEIJING, Sept 7- China's economy continues to defy expectations for a slowdown, buoyed by strong global demand for its exports and a resilient property market- despite a government pledge to crack down on rising risks. All this means there is a good chance China's growth will accelerate for the first time in seven years after growing at a 26- year low of 6.7 percent...

  • BRASILIA, Sept 6- Brazil's central bank slashed interest rates to a four-year low on Wednesday to spur an incipient economic recovery, but said the pace of monetary easing would probably be reduced next month as policymakers prepared to gradually stop cutting rates. The bank's nine-member monetary policy committee, known as Copom, cut its benchmark Selic rate...

  • LONDON, Sept 5- Turkey's lira fell on Tuesday as data showed inflation back in double figures, underperforming broader emerging markets that benefited from dollar weakness and absence of more rhetoric from North Korea. Most stock markets in emerging Europe, the Middle East and Africa also rose, including Istanbul which firmed 0.3 percent.

  • SYDNEY, Sept 5- London copper hit a three-year high on Tuesday on expectations of further signs of a healthy economic outlook for China. Nickel also found support just shy of Monday's 14- month peak on China's robust industrial outlook, aided by supply-side constraints. Over the next few weeks a flurry of data for August is expected to back market expectations...

  • Chinese President Xi Jinping attends the plenary session during the BRICS Summit at Xiamen International Conference and Exhibition Centre on September 4, 2017 in Xiamen, China.

    China's leader appeared to take swipe at Donald Trump's "America First" policies by noting some countries are turning "inward-looking."

  • XIAMEN, China, Sept 5- Chinese President Xi Jinping told an international summit on Tuesday that although the global economy had improved, risk factors had also increased. Addressing the "Dialogue of Emerging Market and Developing Countries", Xi appeared to rebuke the United States's recent resistance to international agreements- including the Paris climate...

  • SYDNEY, Sept 5- Base metals opened mostly firmer on Tuesday, with London copper hitting a fresh three-year high on expectations of further signs of a healthy economic outlook for China. Nickel also found support just shy of Monday's 14- month peak on China's robust industrial outlook, aided by supply side constraints. SHANGHAI COPPER: The most-traded copper...

  • India has some security concerns that make New Delhi cautious on regional economic cooperation with China, says Eswar Prasad, professor, Cornell University.

  • *New loans f'cast 900 billion yuan. *August activity indicators out on Sept 14. BEIJING, Sept 4- After surprising pretty much everyone with solid growth in the first half, China's economy has continued to motor along nicely with a flurry of data for August expected to show momentum will largely hold up through to the end of the year despite tighter policy.