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World Economy News
Canada hopeful NAFTA talks can continue, sees some progress
Sat, Jan 27, 2018
Officials trying to hammer out differences over how to update the North American Free Trade Agreement have made some progress and hope politicians decide the process should continue, Steve Verheul, Canada`s chief negotiator, told Reuters on Saturday.
World economy gathering speed, but growth momentum unlikely to last long: IMF
Mon, Jan 22, 2018
The world economy is gathering speed with growth forecast for 2018 and 2019 pegged at 3.9 per cent, the IMF said today but warned that the present economic momentum reflects a "confluence of factors" that is unlikely to last for long.
Reforms pave the way for India's stronger medium-term growth: Report
Mon, Jan 08, 2018
Raghuram Rajan warns of 'policy uncertainty' for world economy
Fri, Apr 21, 2017
"There have been noises but of course the strong action that some people feared against Mexico, against China hasn't really materialised. That's the good news," he said while referring to Donald Trump administration in the US.
India ranks third in global steel production in 2016; World steel output grows 0.8%
Wed, Jan 25, 2017
Global steel production grew 0.8%, at 1.62 billion tonne, in 2016, World Steel Association said. India's share increased from 5.5% in 2015 to 5.9% in 2016.
Deutsche Boerse-LSE merger make markets healthier - Blackrock
Tue, Jan 17, 2017
Deutsche Boerse and LSEG have been working to overcome regulatory hurdles holding up the merger and looking to appease antitrust regulators.
India appears to be much better placed today despite fragile world economy: Arun Jaitley
Thu, Jan 05, 2017
Finance Minister Arun Jaitley on Thursday said that even though the global economy is weak, India appears to be much better placed at present on the back of improvement in its macro-economic fundamentals.
China retail sales up 10.0% on-year in October
Mon, Nov 14, 2016
"The national economy, under the continuing effect of a series of policies, has maintained the momentum of moderate but stable development with quality improved," the NBS said in a statement.
'China's contribution to world economy to remain around 30%'
Sun, Oct 30, 2016
Though China's economy is currently witnessing a slowdown, the contribution of the world's second largest economy to global growth will remain around 30% for the next five years, a top Chinese economist says.
IMF says global debt tops $152 trillion, urges some to spend more
Thu, Oct 06, 2016
While the United States has de-leveraged since the 2008-2009 financial crisis, the report cited the buildup of private debt in China and Brazil as a significant concern, fueled in part by a long era of low interest rates.
G20 Summit: World economy at risk due to rising protectionism, says China's Xi Jinping
Sun, Sep 04, 2016
With the summit taking place after Britain's vote in June to exit the European Union and before the US presidential election in November, observers expect G20 leaders to mount a defence of free trade and globalisation and warn against isolationism.
Singapore cuts 2016 forecast as world economy slows
Thu, Aug 11, 2016
"In line with weaker global growth outlook, and barring the full materialisation of downside risks, the 2016 growth forecast for the Singapore economy is narrowed to 1.0 to 2.0 per cent, from 1.0 to 3.0 per cent," the ministry said.