RPT-Japan Q2 GDP Expands Annualised 0.2 pct

Japan’s economy grew at an annualised pace of 0.2 percent in the April-June period, expanding for a second straight quarter but at a much slower rate on weak exports and capital expenditure, government data showed on Monday. The preliminary reading for gross domestic product was weaker than a median market forecast for a 0.7 percent expansion More...

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By administrator On Tuesday, August 16th, 2016
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RBA Cut Rate to Boost Inflation, Growth as Housing Worries Ease

Australia’s central bank said inflation would remain low and the economy could grow faster, while house-price concerns had cooled, in explaining its decision to cut interest rates for the second time in four More...

By administrator On Wednesday, August 10th, 2016
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U.K. Industry Posts Modest Gain as Trade Drags on Growth

U.K. industrial production barely grew in June as the economy lost momentum before the Brexit referendum. Output rose 0.1 percent following a 0.6 percent drop in May, the Office for National Statistics said in More...

By administrator On Monday, August 8th, 2016
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Payrolls Surge as U.S. Hiring Gains Broad-Based for Second Month

Payrolls jumped in July for a second month and wages climbed, pointing to renewed vigor in the U.S. labor market that will sustain consumer spending into the second half of the year. Payrolls climbed by 255,000 More...

By administrator On Monday, August 8th, 2016
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China Exports Perked Up as Trade Drag Moderates With Weaker Yuan

China’s exports stabilized last month, with a weakening currency giving some support to the world’s biggest trading nation. Overseas shipments rose 2.9 percent in yuan terms in July from a year earlier, the More...

By administrator On Friday, August 5th, 2016
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U.K. Services Shrink Most Since 2009 as Confidence Slumps

Britain’s services sector, the largest part of the economy, is shrinking at the fastest pace in seven years, adding weight to arguments for the Bank of England to loosen policy this week. Markit said its Purchasing More...

By administrator On Friday, August 5th, 2016
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Jobless Claims in U.S. Increased by 3,000 Last Week to 269,000

The number of Americans filing applications for unemployment benefits rose last week to a level that still underscores health in the labor market. Jobless claims rose by 3,000 to 269,000 in the week ended July More...

By administrator On Thursday, August 4th, 2016
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ADP Says Companies in U.S. Added 179,000 Employees in July

Companies in July added 179,000 workers to U.S. payrolls, a report from the ADP Research Institute in Roseland, New Jersey, showed Wednesday. The median forecast of 41 economists surveyed by Bloomberg projected More...

By administrator On Thursday, August 4th, 2016
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Growth at U.S. Services Industries Cools From Seven-Month High

Growth at U.S. service providers cooled in July after reaching a seven-month high, consistent with more measured progress in the economy. The 55.5 reading in the Institute for Supply Management’s non-manufacturing More...

By administrator On Wednesday, August 3rd, 2016
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U.K. Construction Shrinks at the Fastest Pace in Seven Years

U.K. construction shrank the most since the financial crisis in July, with companies citing uncertainty related to Brexit for the continued weakness. Markit Economics said its Purchasing Managers Index for construction More...

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