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Tuesday, 28 February 2017

Q4 GDP up 1.9% (annual rate) Revised fourth quarter GDP growth remains at 1.9% 16 Hours Ago | 02:00 U.S. economic growth slowed in the fourth quarter as previously reported, with robust consumer spending offset by downward revisions to business and government investment.

Posted by Arvind Babajee at 22:18 No comments:
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Monday, 27 February 2017

Bankruptcy cases surged in Chinalast year, indicating growing economic stress as well as progress in the ruling Communist party's efforts to use the country's courts to deal with indebted "zombie" companies and reduce industrial overcapacity.

Posted by Arvind Babajee at 22:28 No comments:
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Sunday, 26 February 2017

Turns out that "made in China" is not so cheap anymore as labor costs have risen rapidly in the country's vast manufacturing sector.

Posted by Arvind Babajee at 22:41 No comments:
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Tuesday, 21 February 2017

Growth in euro zone business activity surged in February to its highest level in almost six years, according to the latest survey of the services and manufacturing sectors by IHS Markit.

Posted by Arvind Babajee at 22:38 No comments:
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http://www.cnbc.com/2017/02/21/euro-zone-flash-pmi-comes-in-560-for-february-versus-forecast-of-543-highest-since-april-2011.html

Posted by Arvind Babajee at 22:38 1 comment:
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Monday, 20 February 2017

Is the dollar’s bull run over? Is the dollar’s bull run over? Thursday, 16 Feb 2017 | 4:00 PM ET | 02:53 The U.S. dollar finished the week just barely positive, and some strategists see the greenback heading lower as political uncertainty mounts.

Posted by Arvind Babajee at 22:27 No comments:
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Sunday, 19 February 2017

Japan's efforts to put the kibosh on karoshi, or "death by overwork," by addressing excessive overtime could weigh heavily on economic growth, Deutsche Bank said.

Posted by Arvind Babajee at 22:40 No comments:
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Thursday, 16 February 2017

The three major Singapore banks may have gotten past the build-up in bad loans from the oil and gas sector by setting aside billions of Singapore dollars combined, but economic uncertainties are expected to persist through 2017 may hinder growth.

Posted by Arvind Babajee at 22:19 1 comment:
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Wednesday, 15 February 2017

U.S. consumer prices recorded their biggest increase in nearly four years in January as households paid more for gasoline and other goods, suggesting inflation pressures could be picking up.

Posted by Arvind Babajee at 21:58 No comments:
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Tuesday, 14 February 2017

British consumer prices rose last month, caused by higher global oil prices and the Brexit vote-fueled fall in the value of sterling.

Posted by Arvind Babajee at 22:13 No comments:
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Monday, 13 February 2017

Bank, rescued by a group of hedge funds in 2013, has put itself up for sale as it seeks to build its capital to meet regulatory requirements

Posted by Arvind Babajee at 22:47 No comments:
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Sunday, 12 February 2017

U.S. import prices rose more than expected in January amid further gains in the cost of energy products, but a strong dollar continued to dampen underlying imported inflation.

Posted by Arvind Babajee at 21:56 No comments:
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Thursday, 9 February 2017

The number of Americans filing for unemployment benefits unexpectedly fell last week to near a 43-year low, amid a further tightening of the labor market that could eventually spur faster wage growth.

Posted by Arvind Babajee at 22:11 No comments:
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Tuesday, 7 February 2017

Rising mortgage rates, bigger jumps in home prices and still-moderate income growth are adding up to a triple threat for the housing market this spring.

Posted by Arvind Babajee at 22:06 No comments:
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Monday, 6 February 2017

Recession risk has declined, according to a new Deutsche Bank analysis of a Federal Reserve Bank of New York survey.

Posted by Arvind Babajee at 22:28 No comments:
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Thursday, 2 February 2017

The US economy grew at an annual pace of 1.9% in the fourth quarter of last year, according to official figures. That was slower than the 2.2% growth rate economists had been expecting and below third quarter growth of 3.5%. For the year, GDP rose by 1.6%, the slowest since 2011 and down on 2015 when the world's largest economy expanded by 2.6%.

Posted by Arvind Babajee at 22:36 No comments:
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Wednesday, 1 February 2017

Traders were not expecting the central bank to raise its key short-term rate after approving a quarter-point hike in December.

Posted by Arvind Babajee at 22:14 No comments:
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    • ▼  February (17)
      • Q4 GDP up 1.9% (annual rate) Revised fourth quarte...
      • Bankruptcy cases surged in Chinalast year, indicat...
      • Turns out that "made in China" is not so cheap any...
      • Growth in euro zone business activity surged in Fe...
      • http://www.cnbc.com/2017/02/21/euro-zone-flash-pmi...
      • Is the dollar’s bull run over? Is the dollar’s bul...
      • Japan's efforts to put the kibosh on karoshi, or "...
      • The three major Singapore banks may have gotten pa...
      • U.S. consumer prices recorded their biggest increa...
      • British consumer prices rose last month, caused by...
      • Bank, rescued by a group of hedge funds in 2013, h...
      • U.S. import prices rose more than expected in Janu...
      • The number of Americans filing for unemployment be...
      • Rising mortgage rates, bigger jumps in home prices...
      • Recession risk has declined, according to a new De...
      • The US economy grew at an annual pace of 1.9% in t...
      • Traders were not expecting the central bank to rai...
    • ►  January (3)
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