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Archive Europe: Economy

  • China's industrial output, investment, retail sales and trade all grew less than expected last month. In particular, weak data from China's housing sector played to concerns of weaker demand ahead for industrial metals, according to ANZ Bank. *COOL CHINA DATA: China's strong economic growth showed visible signs of fading in July as lending costs rose and the...

  • BERLIN— The German economy, Europe's largest, continued its strong performance in the second quarter with gross domestic product growing 0.6 percent over the previous quarter. The figures could bolster Chancellor Angela Merkel's re-election campaign, which has focused on Germany's record-low unemployment, balanced budget and strong economy.

  • The German economy grew by less than expected in the second quarter as net trade dampened an overall expansion which was driven by strong household spending and rising state expenditure, the Federal Statistics Office said on Tuesday.

  • BERLIN, Aug 15- The German economy grew by less than expected in the second quarter as net trade dampened an overall expansion which was driven by strong household spending and rising state expenditure, the Federal Statistics Office said on Tuesday. Seasonally and calender adjusted gross domestic product in Europe's biggest economy rose by 0.6 percent on the...

  • TOKYO, Aug 14- Japan's cautious consumers are starting to loosen up, spending more on cars and home appliances and offering hope that domestic demand- and not just exports- will be strong enough to reflate an economy that has been sluggish for many years. Consumption was the main driver behind Japan's second-quarter economic growth, which expanded at an...

  • Our live blog tracked market reaction as tensions between North Korea and the United States appear to recede.

  • TOKYO, Aug 14- Japan's cautious consumers are starting to loosen up, spending more on cars and home appliances and offering hope that domestic demand- and not just exports- will be strong enough to reflate an economy that has been sluggish for many years. Consumption was the main driver behind Japan's second-quarter economic growth, which expanded at an...

  • Prime property in central London has lost its attractiveness among global investors due to the uncertainty over the country’s future relationship with the European Union.

  • RWE now expects full-year profits to be at the upper end of its outlook range.

  • BUDAPEST/ BUCHAREST, Aug 14- Central European currencies and stocks firmed on Monday, reflecting expectations that second-quarter economic output data due in the region's main states on Wednesday will show continuing healthy growth. Trade was slow ahead of holidays in Poland and Romania on Tuesday. Analysts expect second-quarter GDP figures due on...

  • Ireland's economy has been the best performing in Europe for the past three years, with unemployment falling sharply and house prices rising. Concerns about neighbouring Britain's vote to leave the European Union last June have weighed on sentiment, but the authors said there were signs concerns were easing. President Donald Trump planned tax reform might...

  • *Response limited to China factory output, investment data. TOKYO, Aug 14- Asian stocks bounced on Monday after three straight losing sessions, tracking a firmer Wall Street, while the dollar was capped by tensions on the Korean peninsula and doubts that the Federal Reserve will hike interest rates again this year. Spreadbetters expected the upward momentum for...

  • TUESDAY, AUGUST 15 SYDNEY- Reserve Bank of Australia to release the minutes of its August monetary policy meeting 0130 GMT. **BELGRADE- Serbia Central Bank presents inflation report for August- 0600 GMT. WINDHOEK, Namibia- Central Bank of Namibia monetary policy meeting.

  • SUNDAY, AUGUST 13 SYDNEY- Reserve Bank of Australia Assistant Governor Christopher Kent speaks at the Moody's Analytics Forum 2335 GMT. TUESDAY, AUGUST 15 SYDNEY- Reserve Bank of Australia to release the minutes of its August monetary policy meeting 0130 GMT. WINDHOEK, Namibia- Central Bank of Namibia monetary policy meeting.

  • NEW YORK/ JOHANNESBURG, Aug 11- Gold prices climbed to two-month highs on Friday, rising for the fourth straight day as investors sought refuge amid escalating tensions between North Korea and the United States, while bullion also received support from weak U.S. inflation data. President Donald Trump issued a new threat to North Korea on Friday, saying the U.S....

  • LONDON, Aug 11- Sterling fell to a fresh 10- month low against the euro on Friday as investors added bearish bets against the British currency on concerns the economy may be struggling to gain momentum. "Liquidity is usually quite thin in the summer months but that said this is a continuation of the trend in recent weeks that the British economy isn't doing all that...

  • DUBLIN, Aug 11- Last time British Prime Minister Theresa May returned from a walking holiday, she called what turned out to be-- for her-- a disastrous election. Less than 20 months out from Britain's March 2019 exit date from the European Union, May's government has yet to agree on what kind of divorce it wants, let alone make any meaningful progress on the terms with EU...

  • Traders work on the floor of the New York Stock Exchange (NYSE) on January 6, 2016 in New York City.

    Our live blog tracked market reaction after US inflation in July missed expectations, causing the dollar to slip lower.

  • Commuters are held outside Oxford Circus tube station to avoid overcrowding on April 29, 2014 in London, England.

    UK firefighters said Friday they were investigating the cause of smoke on an underground train at Oxford Circus station in the centre of London.

  • LONDON, Aug 11- Sterling held near a three-week low against the dollar on Friday as investors grew wary about the outlook of the British economy after a mixed bag of data this week. "The July bounce in sterling was on some expectations that the Bank of England will increase interest rates at its last policy meeting, but with fundamentals looking increasingly...

Contact Europe: Economy

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