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China seeks spending fix as economy wobbles

Last Updated: Sunday, June 15, 2014, 09:47

China`s GDP grew an annual 7.4 percent in the first quarter of this year, weaker than the 7.7 percent in the previous quarter.

Asia offers muted applause for ECB, eyes now on US jobs

Last Updated: Friday, June 06, 2014, 09:40

Asian markets turned mixed on Friday as investors offered only polite applause for the European Central Bank`s latest stimulus package.

IMF cuts China's growth forecast but urges focus on reforms

Last Updated: Thursday, June 05, 2014, 15:34

IMF said Beijing must keep its word on implementing reforms that will correct imbalances, including a "moderately undervalued" yuan.

CII pitches for extending stimulus package in Union Budget

Last Updated: Friday, May 30, 2014, 19:27

Industry body CII on Friday pitched for extending the short-term stimulus package, early roll-out of GST and rationalisation of subsidies, among other measures, in the first Union Budget under Narendra Modi-led government.

BOJ' Iwata signals chance of tapering if economy overheats

Last Updated: Monday, May 26, 2014, 14:47

Bank of Japan Deputy Governor Kikuo Iwata signalled on Monday the possibility of withdrawing the central bank`s massive monetary stimulus.

Nikkei races to biggest gain in a month on improved China PMI, Fed minutes

Last Updated: Thursday, May 22, 2014, 12:54

The Nikkei rose 2.1 percent to 14,337.79, with news government-controlled Japan Post Insurance Life is ramping up its investment in Japanese stocks providing the icing on the cake.

Fed began weighing options for rate rise: Minutes

Last Updated: Thursday, May 22, 2014, 02:29

The Federal Reserve has begun to discuss the tools it could use to finally pull back the extraordinary stimulus it's provided the US economy since 2008. But Fed officials plan further discussions and have set no timetable for any increase in interest rates.

Fed's super-easy policies pose risks, officials say

Last Updated: Tuesday, May 20, 2014, 02:12

The Federal Reserve`s super-easy policies, if pursued for too long, could have adverse consequences in the long run, two top Fed officials said on Monday, although the biggest risk is not runaway inflation.

Eurozone first quarter growth `major disappointment,` economy struggling

Last Updated: Thursday, May 15, 2014, 17:31

First-quarter growth in the eurozone was a major disappointment, falling well short of forecasts and stoking fresh concerns a modest recovery is struggling to make ground, official data showed on Thursday.

Dow, S&P gain on Yellen; Nasdaq ends down for 2nd day

Last Updated: Thursday, May 08, 2014, 09:39

US stocks mostly rose on Wednesday after comments from Federal Reserve Chair Janet Yellen signalled continued support for the economy, but the Nasdaq fell for a second session as momentum names sold off.

FinMin allays fears of US stimulus withdrawal impact on FDI

Last Updated: Sunday, May 04, 2014, 15:15

"All these are reasons enough to allay fears that the FDI inflow would be reversed with the lifting of the Quantitative Easing (QE) measures in the USA," the report said.

Fed shows faith in US economy with bond-buying reduction

Last Updated: Thursday, May 01, 2014, 12:09

The Fed said it would reduce its monthly bond purchases to USD 45 billion from USD 55 billion.