Browsing: Economy

By Enrico Dela Cruz MANILA (Reuters) – Economic growth in developing Asia this year will be slightly lower than previously expected as the weakness in China’s…

Campbell Harvey, a Duke University finance professor, best known for developing the yield-curve recession indicator, says the Federal Reserve’s reading on inflation is out of whack.…

SHANGHAI/SINGAPORE (Reuters) -China kept benchmark lending rates unchanged at a monthly fixing on Wednesday, in line with expectations, as fresh signs of economic stabilisation and a…

The criminal allegations against New Jersey Sen. Robert Menendez are eye-popping on their own, but they come as part of a long litany of political scandals…

(This Sept. 18 story has been corrected to say inflation has stayed within the target range, not below, in paragraph 2 and BI was expected to…

By Mike Dolan LONDON (Reuters) – An eerie calm in U.S. Treasuries seems at odds with uncertainty about the end of the harshest tightening cycles in…

The numbers: After rocketing into positive territory in August, the Philadelphia Fed said Thursday its gauge of regional business activity lost all of the improvement, falling…

ZURICH (Reuters) – Switzerland’s economy is expected to grow by 1.3% this year, the government said on Wednesday, significantly below the country’s long-term average as industry…

The numbers: The number of Americans who applied for unemployment benefits last week fell by 20,000 to an eight-month low of 201,000, reflecting the reluctance of…

By Dharamraj Dhutia MUMBAI (Reuters) – India’s banking system liquidity deficit is at its widest in over four years ago, amid tax outflows and the lack…