text

IMF updates world economic outlook as China drive global growth

TheInternationalMonetaryFund(IMF)onMondayrevisedupChina'sgrowthforecastfor2017and2018to6.7percentand6.4percentrespectively,withthebetterChinaprospectsexpectedto

text

IHS Markit: UK households face sharpest squeeze in three years

Britishhouseholds'financialsituationhasdeterioratedatthefastestrateinthreeyearsthismonth,asfamiliesincreasinglyshyawayfrombigpurchaseslikecars,holidaysandhouseh

text

IMF keeps global growth forecasts; China, eurozone revised higher

TheInternationalMonetaryFundonMondaykeptitsgrowthforecastsfortheworldeconomyunchangedforthisyearandnext,althoughitslightlyrevisedupgrowthexpectationsfortheeuroz

text

Indonesian parliament allows President Widodo to run in 2019 race

JAKARTA,July22(APD)–IndonesianpresidentJokoWidodoseizedunanimouseligibilitytoadvancein2019presidentialelectionaftertheparliamentrecentlypassedthebillthatrequire

text

India's richest man Mukesh Ambani to launch free smartphone

India'srichestmanMukeshAmbanisaidFridaythathistelecomsventureJiowouldlaunchafreesmartphone,escalatingapricewarthatisshakingupthecountry'sultra-competitivemobile

text

DPRK 2016 economic growth at 17-year high despite sanctions: S. Korea

DPRK's economy grew at 3.9 percent last year, the fastest pace since 1999, despite the country facing international sanctions amid its attempt in pursuing nuclear weapons, South Korea's central bank said on Friday.

text

DPRK 2016 economic growth at 17-year high despite sanctions: S. Korea

DPRK'seconomygrewat3.9percentlastyear,thefastestpacesince1999,despitethecountryfacinginternationalsanctionsamiditsattemptinpursuingnuclearweapons,SouthKorea'sce

text

DPRK economy 3.9% up in 2016, fastest pace since 1999: S. Korea

DPRK'seconomygrewat3.9percentlastyear,thefastestpacesince1999,despitethecountryfacinginternationalsanctionsamiditsattemptinpursuingnuclearweapons,SouthKorea'sce

text

ECB survey sees lower inflation, higher GDP growth

Eurozoneinflationmayslowmorethanearlierexpectedinthecomingyearsbuteconomicgrowthandthedropinunemploymentcouldexceedpastprojections,theEuropeanCentralBank'sSurve

text

Austrian economy to grow 1.7 pct annually to 2021: research institute

The Austrian economy is on track for steady growth of an average 1.7 percent each year until 2021, a leading research institute said on Wednesday.

text

Young people trust less, but still happy: study

Young people's trust in key figures such as politicians and religious leaders has fallen sharply over the past five years but they remain largely happy, a global study said Thursday.

text

Amid turning tide, AIDS claimed 1 million lives in 2016: UN

AIDSclaimedamillionlivesin2016,almosthalfthe2005tollthatmarkedthepeakofthedeadlyepidemic,saidaUNreportThursdayproclaiming"thescaleshavetipped".AIDSclaimedamilli

text

China's digital economy surges 18.9% in 2016, drives growth

China'sboomingdigitaleconomyisoneofthecountry'smajoreconomiccontributors.Itsurged18.9percentin2016to22.6trillionyuan(around3.35UStrilliondollars),accordingtoawh

text

BOJ keeps policy steady, pushes back timing to hit price target

TheBankofJapankeptmonetarypolicysteadyandpushedbackagainthetimingforachievingits2percentinflationtargetonThursday,reinforcingexpectationsitwilllagwellbehindmajo

text

Asia growth outlook brightens on strong exports: ADB

TheAsianDevelopmentBankraisedits2017and2018growthforecastsfortheregion,reflectingrisingexportsasmanufacturersofsmartphonestocarstootherconsumergoodsbenefitedfro

text

IBM misses revenue estimates, weighed down by legacy businesses

IBMCorp(IBM.N)onTuesdayreportedalower-than-expectedquarterlyrevenue,asgrowthinitshigher-marginbusinessesthatincludecloudandartificialintelligenceservicesfailedt

text

Real estate sales cool in China's first-tier cities

Beijing and Shanghai were among the large Chinese cities to see month-on-month declines in property prices in June. Prices in Beijing dipped 0.4 percent – the biggest drop in two years, and in Shanghai prices fell 0.2 percent.