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The Chinese economy grew at the slowest pace in two-and-a-half decades during 2015 amid a manufacturing slump and equity market slowdown, official data to be released on Tuesday may reveal. Gross domestic product likely grew 6.9 percent in 2015, just short of the government's 7 percent target. That would be slower than the 7.3 percent expansion in the previous year. China's stock markets have been largely declining since the start of the ...
China's economic growth slowed unexpectedly in the three months ended December, figures from the National Bureau of Statistics showed Tuesday. Gross domestic product grew 6.8 percent year-over-year in the fourth quarter, slower than the 6.9 percent climb in the third quarter. Economists had expected the growth to remain stable at 6.9 percent. more...
Retail sales in the U.S. saw a modest decrease in the month of December, according to a report released by the Commerce Department on Friday. The report said retail sales edged down by 0.1 percent in December following an upwardly revised 0.4 percent increase in November. EURUSD M5: 64 pips price movement by USD - Core Retail Sales news event: more...
The World Bank trimmed its global growth outlook, citing anemic recovery in major emerging markets, although it suggested that overall growth will improve from last year, underpinned by advanced economies. Global economic growth is forecast to be 2.9 percent this year, instead of the 3.3 percent projected in June, the Washington-based lender said in its bi-annual Global Economic Prospects. "There is greater divergence in performance among ...
Employment in the U.S. increased by much more than expected in the month of December, according to a report released by the Labor Department on Friday. The Labor Department said non-farm payroll employment climbed by 292,000 jobs in December. more...
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