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Economic Reports GDP

  • Michael Hirson, director Asia Practice, Eurasia Group, says Xi Jinping will turn his attention to economic reforms in the next five years after political consolidation.

  • *Greek economy in recession in 2016. ATHENS, Oct 17- Greece fell into recession again last year, confounding its international creditors who had predicted some growth after years of budget austerity and bailouts. It said gross domestic product in volume terms and measured at constant prices was 175.9 billion euros last year, down from 178.1 billion euros in 2015.

  • Oct 17- Hong Kong stocks were little changed in quiet trading on Tuesday, with the main index hovering around 10- year peak as investors await a congress of China's Communist Party and third-quarter Chinese economic data this week. Investors in Hong Kong are closely watching the twice-a-decade party congress that starts on Wednesday, where President Xi...

  • SHANGHAI, Oct 17- China stocks ended little changed on Tuesday as investors awaited key mainland economic data and a major leadership summit later in the week, though resources firms posted losses on concerns the sector's recent rally may be over. The central bank injected 190 billion yuan into the interbank market, a move apparently aimed at easing liquidity...

  • *China c.bank injects cash as treasury yields climb above 3.7 pct. SHANGHAI, Oct 17- China stocks inched up on Tuesday, recovering early losses, but investors were cautious about staking out fresh positions ahead of a politically-sensitive Communist Party Congress and third-quarter economic data later in the week. Sentiment was also aided central bank's 190...

  • *China economy seen growing 6.8 pct in Q3 y/y, vs Q2's 6.9 pct. BEIJING, Oct 16- China's economic growth is expected to ease to 6.8 percent in the third quarter from 6.9 percent in the previous quarter due to a cooling property sector and the government's battle against debt risks, a Reuters poll showed. The poll of 54 analysts, conducted before Zhou's forecast, showed a...

  • Is renegotiating NAFTA bad for business?

    Terrie Walmsley, Impact Econ partner & director, discusses how re-negotiating NAFTA would impact economic growth and business in the U.S.

  • Trump: Stock market is soaring to record levels

    At a meeting with his Cabinet, President Trump speaks about tax reform and the economy.

  • Here's how the White House wants the GOP to talk about tax reform

    The White House released its first economic analysis of the Republican tax plan, projecting that the goal of reducing the corporate tax rate to 20 percent will result in a windfall for workers.

  • *China economy seen growing 6.8 pct in Q3 y/y, vs Q2's 6.9 pct. BEIJING, Oct 16- China's economic growth is expected to ease to 6.8 percent in the third quarter from 6.9 percent in the previous quarter due to a cooling property sector and the government's battle against debt risks, a Reuters poll showed. The poll of 54 analysts, conducted before Zhou's forecast, showed a...

  • They say that the Agrokor founder, Ivica Todoric, was not in his luxurious Zagreb home, but in London. Agrokor, the biggest retailer in the Balkans, is worth the equivalent of 15 percent of Croatia's gross domestic product. Croatia's authorities have tried to bail out Agrokor to avert a ripple effect on the economy and save tens of thousands of jobs.

  • *China cbank gov sees 7 pct growth in H2, stronger than expected. *China retail sales have been growing above 10 pct since March. SHANGHAI/ BEIJING, Oct 16- China's economy is expected to grow 7 percent in the second half of this year, the central bank governor said, accelerating from the first six months and defying widespread expectations for a slowdown.

  • Fmr. NEC director Larry Lindsey: Tax plan framework will accelerate GDP growth

    Larry Lindsey, former NEC director, debates comments from former Treasury Secretary Larry Summers that the Republican proposed tax reform plan won't work.

  • Two Chinese men stand near a Chinese flag as they look out towards North Korea while visiting the Broken Bridge, in the Chinese border city of Dandong, in China's northeast Liaoning province on September 5, 2017.

    Henry McVey, KKR head of the global macro and asset allocation, discusses China's GDP and where to find opportunities in Asian markets.

  • CAIRO, Oct 10- Egypt's economy is projected to grow 4.5 percent in the fiscal year 2017/ 18, the International Monetary Fund's World Economic Outlook report showed on Tuesday, below government projections of 5-5.25 percent. Egypt's average consumer price inflation for 2017/ 18 is projected at 21.3 percent, according to the report. IMF Mission Chief for Egypt,...

  • Joseph Incalcaterra, chief ASEAN economist at HSBC, said the tax and budget plans of President Rodrigo Duterte of the Philippines build on reforms started by the previous government.

  • Third-quarter GDP tracking at 2.6% after September jobs report

    CNBC's Steve Liesman reports on how some firms have updated their GDP forecasts following September's non-farm payrolls data.

  • BERLIN, Oct 9- German industrial output posted its biggest monthly rise in more than six years in August, data showed on Monday. The combined production of manufacturing, construction and energy increased by 2.6 percent on the month after edging down by 0.1 percent in July, data from the Economy Ministry showed. That was the strongest monthly gain since July 2011...

  • PARIS, Oct 9- The Bank of France maintained on Monday its forecast for French quarterly gross domestic product growth of 0.5 percent in the third quarter, unchanged from the second quarter. The prediction was part of the central bank's September business climate survey, which showed that the sentiment indicator for the industrial sector was steady at 104...

  • Tax reform expectation has lifted economic outlook: BMO's Ermesto Ramos

    Discussing the weak jobs report and the economy with Tom Porcelli, RBC chief US economist; Ernesto Ramos, BMO Global Asset Management; and Dave Donabedian, Atlantic Trust CIO.