Economics News Results

  • Dollar steadies versus rivals in holiday-thinned trade

    Key index for buck is down about 3% for the year so far. The dollar was steady to slightly higher against major rivals on Monday, with a holiday in the U.S. giving the worn- down greenback a chance to catch its breath. Dollar Index, a measure of the buck's strength against six other currencies, edged up 0.2% to 89.271 on Monday.

  • FOREX-Dollar bounces after hitting 3-year low

    * U.S. dollar enjoys bounce after recent falls. * Euro slips below $1.24; yen down slightly. * Trading lighter than normal with U.S., Asian holidays. * Graphic: World FX rates in 2018 http://tmsnrt.rs/2egbfVh. By Tommy Wilkes.

  • Argentine economy grew close to 2.8 pct in 2017-Treasury advisor

    The Argentine economy grew "close to 2.8 percent" last year, Guido Sandleris, head of the advisory body to the Treasury Ministry, told a gathering of Japanese business leaders on Monday. The data, according to Sandleris, shows a clear recovery of the third-largest economy in Latin America after a contraction of gross domestic product of 2.2 percent in 2016.

  • FOREX-Dollar steadies after hitting 3-year low

    * U.S. dollar enjoys small bounce. * Euro slips but holds close to $1.24. * Graphic: World FX rates in 2018 http://tmsnrt.rs/2egbfVh. By Tommy Wilkes. The dollar enjoyed a small rebound on Monday as investors bought back the greenback after its plunge to three-year lows, although analysts said any recovery looked set to be brief with dollar bears still out in force.

  • Brazil economic activity up in 2017 for the first time in 4 years

    Economic activity in Brazil expanded at a faster-than-expected pace in December, capping the first annual increase in four years following the deepest recession in decades. The central bank's economic activity index rose 1.41 percent from November on a seasonally adjusted basis, the bank said on Monday, surpassing the median 1.1 percent median forecast in a Reuters poll of economists.

  • Brazil economic activity up more than expected in December

    Economic activity in Brazil expanded at faster than expected in December, the central bank said on Monday, suggesting the economic recovery maintained momentum at the end of the year. The central bank's economic activity index rose 1.41 percent from November, surpassing a 1.1 percent median forecast in a Reuters poll of economists.

  • FOREX-Dollar edges higher after hitting 3-year low

    * U.S. dollar enjoys small bounce. * Euro slips but holds close to $1.24. * Graphic: World FX rates in 2018 http://tmsnrt.rs/2egbfVh. By Tommy Wilkes. The dollar enjoyed a small rebound on Monday as investors bought back the greenback following its plunge to three-year lows.

  • FOREX-Dollar finds footing after steep fall, holds above 3-yr lows

    * Dollar manages to hold above 3-yr lows after Friday's bounce. * Bids for greenback come back after rapid, sharp slide last wk. * Longer term outlook for dollar still bearish. By Shinichi Saoshiro. The dollar found some traction on Monday following last week's steep fall and managed to hold above a three-year low against a basket of currencies.

  • Thailand's Economy Slows in 4Q, Taking Shine Off Fastest Annual Growth in Five Years

    Thailand's economy lost some momentum in the last three months of 2017, as a contraction in the agricultural sector and a slowdown in government spending weighed on growth, though it still managed to log the fastest annual growth in five years. Gross domestic product expanded 4.0% from a year earlier in the October-December quarter, decelerating from the 4.3% pace of the previous three months, according to the National Economic and Social Development Board, the Thai...

  • PRESS DIGEST- Financial Times - Feb 19

    The following are the top stories in the Financial Times. Headlines. UK millennials fall behind on living standards http://on.ft.com/2Hq8n2K. May talks up vocational courses ahead of fees review http://on.ft.com/2Hs6XET. Fears Oxfam scandal could hit all major charity donations http://on.ft.com/2EBGp6u. Overview.

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