text

U.S. Fed chair says he sees no evidence of overheating

U.S.FederalReservechairJeromePowellsaidonThursdaythatheseesnoevidenceofeconomyoverheatingevenashisoutlookfortheeconomystrengthened."There'snoevidencethattheecon

text

US Fed to continue gradual interest rate hikes in 2018

TheUSFederalReserveexpectsthreeinterestratehikesthisyearontheexpectationofastrongereconomicoutlook."The(FederalOpenMarket)Committeeexpectsthattheongoingstrength

text

UK economy continues stable growth despite Brexit uncertainties

TheBritisheconomycontinuestoshowstablegrowth,withtheuncertaintiesaroundBrexitfailingtobluntGDPexpansion,accordingtoareportissuedonFridayafternoon.TheBritishecon

text

Business analysis:It's not yet time to worry about U.S. equities

TheU.S.stockmarketsell-offearlierthisweekcouldbetransitory,andinvestorsshouldexpectmajorindicestoresumetheirclimb,expertshavesaid.ThemajorindicesfellsharplyonMo

text

Malaysia's central bank raises key rate for first time in 3.5 years

Malaysia’scentralbankonThursdayraiseditskeyinterestrateforthefirsttimesinceJuly2014,totapthebrakesatatimegrowthhasbeenrobustandinflationcreepingup.Withtheeconom

text

Birth rate falls despite relaxation of one-child policy in China

FormanycouplesinChinaeagertoexpandtheirfamily,thefirstdayof2016wasunforgettable.Beijingendeditsone-childpolicyandallowedcouplestohaveamaximumoftwochildren,witht

text

Russian inflation at record low of 2.5 pct in 2017

InflationinRussiahitarecordlowof2.5percentlastyear,thecountry'sofficialstatisticsserviceRosstatsaidWednesday.Theratebegantosteadilydeclinefromapeakof12.9percent

text

Eurozone unemployment falls to 9-year low as recovery strengthens

Europe'seconomicrecoveryisdeepening,datashowedonTuesday,witheurozoneunemploymentfallingtoitslowestlevelsinceJanuary2009.TheEU'sofficialstatisticsagencysaidthatt

text

India: Momentary economic slowdown anticipated

ByAPDwriterRishikaChauhanNEWDELHI,January6(APD)-AccordingtoCentralStatisticsOfficeestimates,theIndianeconomyisexpectedtogrowatitsslowestpaceinfouryears,howeverr

text

S. Korea launches income-based growth, people-centered economic policy

ThenewSouthKoreangovernmentunderPresidentMoonJae-in,whichwasinauguratedinMaythroughthecountry'sfirstpresidentialby-election,launchedanincome-basedgrowthandpeopl

text

China’s ‘New Economy’ bolsters employment market

AreportpublishedbytheChineseAcademyofSocialSciencesshowsthatChina’s“neweconomy”hasbecomethedrivingforcetopromotetherapidgrowthofemployment,the21stCenturyBusines

text

China tightens monetary policies on US rate hike alarm

TheUSFederalReserve’slatestratehikealertisalreadyhavinganimpactonChina.ThePeople'sBankofChina(PBOC)raisedinterestratesforitsmedium-termLendingFacilityandreverse

text

US Fed raises interest rate, forecasts 3 hikes in 2018

TheUSFederalReservehasraisedthebenchmarkinterestrateby0.25percentagepoints,thethirdincreasein2017."Inviewofrealizedandexpectedlabormarketconditionsandinflation,

text

S. Korea's youth jobless rate stays high on struggling labor market

JoblessrateamongSouthKoreanyouthsaged15to29stayedhighlastmonthasthelabormarketstillstruggledwithuncertaintiesdespitethegovernment'seffortstocreatedecentjobs,ago

text

Highlights of Janet Yellen’s achievements at the helm of the Fed

ChairoftheUSFederalReserve,JanetYellen,isenteringthefinalstretchofafour-yeartenurewhichwasaclearsuccessmeasuredbytheFed’sdualmandateofpromotingmaximumemployment

text

U.S. Fed chair Yellen reiterates gradual rate hike path

U.S.FederalReserveChairJanetYellensaidonWednesdaythatitisappropriateforthecentralbanktocontinuegradualinterestratehikesontheexpectationthattheeconomyandjobmarke

text

Goldman Sachs sees Fed raising rates four times in 2018

GoldmanSachssaiditexpectsatightUSlabormarketandmorenormalinflationpicturewillleadtheFederalReservetoraiseinterestratesfourtimesnextyear."TheUSeconomyheadsinto20