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IMF cuts global growth forecast citing s...
The International Monetary Fund (IMF) on Monday revised downward its global growth forecast for 2019 and 2020 to 3.5 percent and 3.6 percent respectively, citing softer momentum and weakening fina
U.S. stocks trade mixed amid strong corp...
U.S. stocks traded mixed on Thursday, as better-than-expected airlines corporate performance of last quarter supported the market amid growing worries over global trade tensions. At midday, the Dow
China Construction Bank 2018 profits up ...
BEIJING, March 27 (Xinhua) -- China Construction Bank, one of the country's largest state-owned commercial banks, said Wednesday its 2018 net profits climbed 5.11 percent to 254.66 billion yuan (37.9
China's excavator sales surge in Februar...
BEIJING, March 12 (Xinhua) -- Sales growth for China's major excavator producers saw notable growth in February, adding to evidence that economic activity remains resilient. The country's 25 leading
U.S. retail sales dropped in February
WASHINGTON, April 1 (Xinhua) -- U.S. retail sales in February declined 0.2 percent from the prior month, reaching 506.0 billion U.S. dollars, the Commerce Department said Monday.Data for January was
Roundup: U.S. stocks post weekly gains a...
U.S. stocks posted weekly gains as investors digested major economic data, minutes of Federal Reserve's January meeting, and quarterly corporate earnings reports. For the week, both the Dow and the
U.S. stocks close higher amid upbeat cor...
NEW YORK, March 1 (Xinhua) -- U.S. stocks traded higher on Friday, as the market was underpinned by stronger-than-expected corporate earnings in the fourth quarter last year and investors digested a
Over 70 pct Chinese parents expect monit...
BEIJING, April 4 (Xinhua) -- A survey showed that 74.6 percent of Chinese parents expect authorities to establish a monitoring, testing and early warning mechanism for children's food products, Thurs
South China's Guangdong sets 6-6.5 pct t...
South China's Guangdong Province is targeting 6 percent to 6.5 percent economic growth this year, according to Governor Ma Xingrui on Monday. Guangdong, one of China's economic powerhouses, recorded
Indonesia's annualized inflation keeps e...
JAKARTA, April 1 (Xinhua) -- Indonesia's annual inflation logged slower growth for the fourth month in March as the government has strictly controlled prices ahead of presidential polls. The national
China's industrial output expands 5.3 pc...
BEIJING, March 14 (Xinhua) -- China's industrial output expanded 5.3 percent in the first two months, narrowing from 5.7 percent growth in December 2018, official data showed Thursday. Industrial out
British economy to weaken further due to...
LONDON, March 18 (Xinhua) -- The outlook for Britain's economy looks weak in terms of business investment and trade amid the continued Brexit uncertainty, the British Chambers of Commerce (BCC) said
Ugandan central bank maintains benchmark...
KAMPALA, April 1 (Xinhua) -- Uganda's central bank said on Monday that it would maintain its benchmark lending rate, the Central Bank Rate (CBR), at 10 percent. Emmanuel Tumusiime-Mutebile, governor
Over half of world population lacks heal...
GENEVA, March 12 (Xinhua) -- More than half of the world's population lacks access to essential health care, while only 29 percent have comprehensive social security coverage, the International Labou
China's retail sales up 8.2 pct in Jan-F...
BEIJING, March 14 (Xinhua) -- China's retail sales of consumer goods rose 8.2 percent year on year in the first two months of the year, official data showed Thursday. The growth held steady from an i
Inflation in Belarus reaches 1.3 pct in ...
MINSK, March 12 (Xinhua) -- Inflation in Belarus reached 1.3 percent in February, the National Statistical Committee of the Republic of Belarus has said. In February, prices for food products rose by
Spanish stocks edge down Monday
MADRID, March 4 (Xinhua) -- The Spanish Ibex-35 stock market ended Monday's trading with a small loss on a day when the government released figures which showed a slight growth in unemployment during
Mongolian central bank's gold purchase c...
ULAN BATOR, March 4 (Xinhua) -- The Bank of Mongolia announced on Monday that its purchase of gold declined by 81 percent year on year in February. The central bank has purchased 84.1 kg of gold from
China's producer prices up 0.1 pct in Fe...
BEIJING, March 9 (Xinhua) -- China's producer price index (PPI), which measures costs for goods at the factory gate, edged up 0.1 percent year on year in February, the National Bureau of Statistics (
British stocks down 2.01 pct Friday
LONDON, March 22 (Xinhua) -- British stocks decreased on Friday, with the benchmark FTSE 100 Index down by 2.01 percent, or 147.72 points, to close at 7,207.59 points.Pearson, a British multinational
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