24 July 2017
Updated 04:30
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03/01/2017 17:49

US manufacturing growth picks up in December: ISM

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AFP

US manufacturing posted the fourth straight month of faster expansion in December as new orders and output jumped, pointing to a growing economy, the Institute for Supply Management said Tuesday.

03/01/2017 16:08

Trump names protectionist as US trade rep

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AFP

President-elect Donald Trump announced Tuesday he has nominated Reagan-era lawyer Robert Lighthizer, described as an advocate of greater protectionism, as US trade representative.

03/01/2017 15:20

US construction spending picks up speed in November

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AFP

US construction spending picked up in November, reaching the highest level since April 2006 -- well before the onset of the financial crisis, the Commerce Department reported Tuesday.

31/12/2016 09:26

US stocks end 2016 on weak note as tech stocks hit

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AFP

Wall Street stocks finished a torrid year on a tepid note, with Apple and other large technology companies leading the market lower following a sluggish session Friday.

27/12/2016 23:13

US consumer confidence at highest since 2001

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AFP

US consumer confidence posted sharp gains in December, hitting its highest level in 15 years, according to survey data released Tuesday.

18/12/2016 07:46

Trump stock rally mostly benefiting the best-off

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AFP

As the Dow nears 20,000 amid a Trump rally, longtime financial insiders see a difference compared with prior Wall Street landmarks: very little interest from the general public.

17/12/2016 06:50

Strong US dollar could challenge Trump agenda

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AFP

The strong US dollar, boosted further by the Federal Reserve's decision to raise interest rates, could pose challenges to President-elect Donald Trump's economic agenda.

17/12/2016 03:38

New US home construction tumbles in November

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New US home construction fell precipitously in November after a spike in October, but a big drop in condos and apartments helped drive the move, the Commerce Department reported Friday.

13/12/2016 02:39

Chinese billionaire warns Trump about losing US jobs

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AFP

The billionaire owner of China's property-to-entertainment conglomerate Wanda Group has warned Donald Trump that over 20,000 US jobs would be put at risk if the US president-elect mishandles Chinese investment in the country.

03/12/2016 07:43

US unemployment lowest in 9 years as job creation continues

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AFP

The US unemployment rate in November fell to its lowest level since August 2007 as the economy continued to add new jobs, all but guaranteeing an interest rate hike this month.

30/11/2016 15:06

Trump picks Treasury secretary, says he'll leave his business

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AFP

President-elect Donald Trump named Wall Street veteran Steven Mnuchin for Treasury secretary Wednesday, filling key slots on his economic team even as he announced plans to leave his businesses to avoid any conflict of interest.

28/11/2016 14:13

Trump election points to US growth boost: OECD

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AFP

President-elect Donald Trump's big-spending plan and tax cuts are expected to help double the US economic growth rate by 2018, the OECD said Monday.

14/11/2016 06:26

China retail sales growth slows in October

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AFP

China's retail sales growth slowed to 10.0 percent on-year in October, government data showed Monday, missing expectations in a worrying sign for domestic demand in the world's second-largest economy.

30/10/2016 07:16

New Zealand economy milks clamour for Middle Earth

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AFP

Peter Jackson's «Lord Of The Rings» and «Hobbit» series have proved to be as precious to New Zealand's economy as any magical ring as millions flock to the country for a glimpse of Middle Earth, making tourism the main driver of growth.

11/09/2016 01:51

Now or never for Lagos tourism sector

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AFP

Traffic jams may clog the city and the beaches look like garbage dumps, but for the Lagos state government developing tourism is now a do or die matter.

01/04/2016 15:16

China insists economy stable after S&P lowers outlook

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AFP

China on Friday shrugged off a decision by ratings agency Standard & Poor's (S&P) to cut its outlook on the country to negative, calling on the firm to be «objective».

01/04/2016 15:11

US economy posts solid jobs growth in March

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AFP

The US economy posted solid jobs growth in March and the unemployment rate ticked up but remained near an eight-year low, the Labor Department reported Friday.

31/03/2016 15:26

German unemployment at record low despite global uncertainties

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AFP

Germany kept unemployment at historic lows in March as the recovery in Europe's biggest economy remains on track, unfazed by global uncertainties and a huge influx of refugees, data showed on Thursday.

31/03/2016 14:08

S&P lowers China outlook to negative

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AFP

Ratings agency Standard & Poor's (S&P) cut its outlook on China from stable to negative on Thursday, warning that economic rebalancing was taking longer than expected.

28/03/2016 15:34

US consumer spending edges up in February

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AFP

US consumer spending edged higher in February as income growth slowed and consumer prices fell slightly, according to official data released Monday that suggested tepid expansion in the economy.

28/03/2016 09:38

Brazil debates economic cost of corruption investigation

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AFP

Brazil's former president Luiz Inacio Lula da Silva is raising hackles after warning that the mega Petrobras corruption probe is paralyzing essential sectors of the Brazilian economy, like oil and construction.

27/03/2016 10:02

Nigerian businesswoman: A cut above in macho world of diamonds

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AFP

Nigerian Thelma West is a rare gem in the diamond world as a woman in a male-dominated sector with few Africans, despite the continent being the main source of the precious rocks.

25/03/2016 18:44

US 4th quarter GDP revised up to 1.4 percent

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AFP

The US economy grew faster at the end of 2015 than originally believed thanks to more willing spending by consumers, the Commerce Department said Friday.

25/03/2016 12:59

Japan inflation unchanged at zero in February

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AFP

Japanese consumer inflation stuck at zero in February for the second straight month, marking another blow to Prime Minister Shinzo Abe's struggle to end nagging deflation.

24/03/2016 14:14

US jobless claims higher but still point to tight market

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AFP

Claims by newly jobless workers for unemployment benefits rose last week but remained near historically low levels pointing to a tight jobs market, Labor Department data showed Thursday.

22/03/2016 15:08

German business confidence looks brighter again

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AFP

Business and investor confidence in Germany rose in March, survey data showed Tuesday, as scepticism about the outlook for Europe's biggest economy fades slightly.

21/03/2016 16:25

German economy to slow down in second quarter

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AFP

he German economy, Europe's biggest, will likely slow down in the second quarter after showing steady growth in the year's first three months, the Bundesbank central bank said Monday.

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