News with Tags "economy"

Confidence in US equity mkt economy on upswing: Rick Rule

Posted on Friday, August 22, 2014 - 10:01 am

Watch the interview of Rick Rule, Chairman, Sprott Asset Management US with Menaka Doshi of CNBC-TV18, in which he spoke about global economic expectations, the future of interest rates in developed markets and inflation.


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Posted by on Friday, August 22, 2014 - 10:01 am.
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Oil spikes, Sensex slips? Here’s how it’s been over the last 25 years

Posted on Thursday, August 21, 2014 - 22:41 pm

NEW DELHI: A fall in crude oil prices is generally perceived to be a positive for the economy as well as stock markets; and reasons are a plenty.

Rising oil prices have been a bugbear for Indian policy-makers and a key headwind for the domestic macro economy which imports nearly 85 per cent of its crude oil requirement.


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Posted by on Thursday, August 21, 2014 - 22:41 pm.
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Eurozone economy still in timid recovery: survey

Posted on Thursday, August 21, 2014 - 21:50 pm

Brussels (AFP) – A timid economic recovery in the eurozone is still holding, a closely-watched survey showed on Thursday, but at a pace that promises only negligible growth for the year.


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Posted by on Thursday, August 21, 2014 - 21:50 pm.
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Yellen to give her outlook as Fed honeymoon fades

Posted on Thursday, August 21, 2014 - 06:20 am

WASHINGTON (AP) — Janet Yellen has won credit for guiding the Federal Reserve’s first six months of transition from the Ben Bernanke era. Bernanke’s Fed had steered the economy through a deep crisis by slashing interest rates and restoring confidence in banks. Yellen has so far carried on his approach with barely a hiccup.


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Posted by on Thursday, August 21, 2014 - 06:20 am.
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Copper futures rise on optimism over U.S. economy

Posted on Thursday, August 21, 2014 - 00:00 am

Investing.com – Investing.com – Copper futures edged higher on Wednesday, as optimism over the U.S. economic outlook boosted demand for the industrial metal.


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Posted by on Thursday, August 21, 2014 - 00:00 am.
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South African banking downgrade piles on economic pain

Posted on Wednesday, August 20, 2014 - 22:50 pm

By Xola Potelwa and Helen Nyambura

JOHANNESBURG (Reuters) – Moody’s surprise downgrade of South Africa’s four biggest banks sent shares in the lenders lower on Wednesday and piled further pressure on Africa’s most developed economy, analysts said.


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Posted by on Wednesday, August 20, 2014 - 22:50 pm.
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Asian shares edge higher ahead of US Fed chief’s speech

Posted on Wednesday, August 20, 2014 - 18:20 pm

Hong Kong (AFP) – Asian shares mostly edged higher Wednesday following a positive lead from Wall Street, where stocks picked up on encouraging US economic data before a keynote speech this week by the Federal Reserve chief.


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Posted by on Wednesday, August 20, 2014 - 18:20 pm.
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Gold little changed near $1,300 with Ukraine, U.S. economy in focus

Posted on Wednesday, August 20, 2014 - 05:50 am

Investing.com – Investing.com – Gold futures were little changed near the key $ 1,300-level on Tuesday, as investors continued to monitor the situation in Ukraine while awaiting U.S. data for further clues about the timing of future interest rate hikes.


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Posted by on Wednesday, August 20, 2014 - 05:50 am.
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Insight – Japan’s polarising PM Abe learns the long game

Posted on Wednesday, August 20, 2014 - 03:30 am

By Linda Sieg, Tetsushi Kajimoto and Yuko Yoshikawa

TOKYO (Reuters) – Shinzo Abe is one of Japan’s most polarizing prime ministers in decades. He may also have a good shot at becoming that rarity in Japanese politics – a long-serving leader.


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Posted by on Wednesday, August 20, 2014 - 03:30 am.
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Thailand skirts recession with 0.9 percent Q2 growth

Posted on Monday, August 18, 2014 - 15:50 pm

Thailand’s economy grew 0.9 percent in the second quarter, dodging recession after the military ended months of political deadlock with a coup and promised to unshackle spending.


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Posted by on Monday, August 18, 2014 - 15:50 pm.
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Thailand avoids recession with 0.9 percent Q2 growth

Posted on Monday, August 18, 2014 - 12:00 pm

Thailand dodged recession as its economy grew 0.9 percent in the second quarter, data showed Monday, after the military ended months of political deadlock with a coup and promised to unshackle state spending.


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Posted by on Monday, August 18, 2014 - 12:00 pm.
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British Conservatives draw level with Labour as economy recovers – YouGov poll

Posted on Friday, August 15, 2014 - 19:10 pm

LONDON (Reuters) – British Prime Minister David Cameron’s Conservatives have pulled level with the opposition Labour party, according to a YouGov poll published on Friday, as the economy recovers ahead of a national election next May.


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Posted by on Friday, August 15, 2014 - 19:10 pm.
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Japan not out of deflation yet: economy minister

Posted on Friday, August 15, 2014 - 17:50 pm

Japan hasn’t emerged from years of deflation quite yet, the country’s economy minister said Friday, after a sales tax hike sparked a sharp decline in second-quarter growth.


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Posted by on Friday, August 15, 2014 - 17:50 pm.
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Putin factor snuffs out European growth

Posted on Friday, August 15, 2014 - 08:00 am

First Japan, now Europe — bad news for the world economy is piling up.

Eurozone growth evaporated in the second quarter, as Russian meddling in Ukraine helped send the German economy into reverse and France stagnated.


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Posted by on Friday, August 15, 2014 - 08:00 am.
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[video] Closing Bell Exchange: Economy better or worse?

Posted on Friday, August 15, 2014 - 04:30 am

Discussing how global events and weakness in Europe are impacting the U.S. economy, with Steven Kroll, Monness, Crespi, Hardt & Co.; Greg Ip, The Economist; Todd Salamone, Schaeffer’s Investment Research; and CNBC’s Rick Santelli.


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Posted by on Friday, August 15, 2014 - 04:30 am.
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Surprisingly weak China July money data cast doubts on recovery’s durability

Posted on Wednesday, August 13, 2014 - 12:10 pm

BEIJING (Reuters) – The amount of money flowing into China’s economy slowed to the lowest level in nearly six years in July, adding to fears that a sustained recovery may be at risk in the second half of the year despite government efforts to shore up growth.


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Posted by on Wednesday, August 13, 2014 - 12:10 pm.
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Yellen resolved to avoid raising rates too soon, fearing downturn

Posted on Wednesday, August 13, 2014 - 02:11 am

WASHINGTON/NEW YORK (Reuters) – Approaching a historic turn in U.S. monetary policy, Janet Yellen has staked her tenure as chair of the Federal Reserve on a simple principle: she’d rather fight inflation than another economic downturn.


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Posted by on Wednesday, August 13, 2014 - 02:11 am.
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German investor morale plunges to lowest in over 1-1/2 years

Posted on Tuesday, August 12, 2014 - 18:10 pm

MANNHEIM Germany (Reuters) – German analyst and investor morale fell to its lowest level in more than 1-1/2 years in August, a survey showed on Tuesday, suggesting Europe’s largest economy is running out of steam in the third quarter.


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Posted by on Tuesday, August 12, 2014 - 18:10 pm.
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Italy approves economic package amid scepticism, recession

Posted on Friday, August 8, 2014 - 18:10 pm

ROME (Reuters) – Italy has pushed through a package of support measures for the economy that offers some help to businesses, but pressure is rising on Prime Minister Matteo Renzi to take more significant steps to pull the country out of recession.


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Posted by on Friday, August 8, 2014 - 18:10 pm.
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India central bank chief warns of another market crash

Posted on Thursday, August 7, 2014 - 01:00 am

New Delhi (AFP) – India’s central bank governor, renowned for forecasting the 2008 financial meltdown, has warned that the world economy faces risk of another market crash as asset prices surge.


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Posted by on Thursday, August 7, 2014 - 01:00 am.
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