U.S. housing starts at 13-year high, factory output gains
WASHINGTON (Reuters) – U.S. homebuilding surged to a 13-year high in December as activity increased across the board, suggesting the…
U.S. job openings post biggest drop in more than four years
WASHINGTON (Reuters) – U.S. job openings recorded their biggest drop in more than four years in November, while hiring increased…
China posts weakest growth in 29 years as trade war bites, but ends 2019 on firmer note
BEIJING (Reuters) – China’s economic growth slowed to its weakest in nearly 30 years in 2019 amid a bruising trade…
U.S. Senate passes North America trade deal, Canada still to approve
WASHINGTON (Reuters) – The U.S. Senate on Thursday approved a revamp of the 26-year-old North American Free Trade Agreement that…
U.S., China reset trade relationship with Phase 1 agreement
WASHINGTON (Reuters) – The United States and China announced an initial trade deal on Wednesday that will roll back some…
U.S.-China trade deal cuts tariffs for Beijing promise of big farm purchases
WASHINGTON/BEIJING (Reuters) – The United States and China cooled their trade war on Friday, announcing a “Phase one” agreement that…
Fed holds rates steady, expects moderate economic growth next year
WASHINGTON, (Reuters) – The U.S. Federal Reserve on Wednesday held interest rates steady and signaled borrowing costs are likely to…
China’s November trade surplus with U.S. at $24.60 billion vs $26.45 billion in October
FILE PHOTO: Containers are seen at the Yangshan Deep Water Port in Shanghai, China August 6, 2019. REUTERS/Aly Song BEIJING…
China’s November coal imports slump 19% month-on-month on port curbs
FILE PHOTO: Trucks are parked next to a pile of coal on the bank of the Yalu River in Sinuiju,…
China November crude oil imports hit record high as refiners race to use up quotas
BEIJING (Reuters) – China’s crude oil imports hit a record high on a daily basis in November, as refiners operated…
China November exports fall, but import growth hints of recovering demand
BEIJING (Reuters) – China’s exports in November shrank for the fourth consecutive month, underscoring persistent pressures on manufacturers from the…
China’s November factory activity unexpectedly expands at quickest pace in almost three years: Caixin PMI
BEIJING (Reuters) – China’s factory activity unexpectedly expanded at the quickest pace in almost three years in November, with solid…
China’s factory activity unexpectedly returns to growth in November
BEIJING (Reuters) – Factory activity in China unexpectedly returned to growth in November for the first time in seven months,…
Fired Zimbabwe state doctors reject offer to return to work
HARARE (Reuters) – Zimbabwe state doctors who were fired for going on strike have rejected a government offer to return…
Euro zone inflation rises quicker than expected in November
BRUSSELS/FRANKFURT (Reuters) – Euro zone inflation accelerated faster than expected in November on a rise in food and services prices,…
Fed’s Powell: Monetary policy well positioned to support strong labor market
PROVIDENCE, R.I. (Reuters) – Monetary policy is “well positioned” to support the strong labor market, which is just now starting…
Still hope for U.S.-China deal this year: U.S. official
HALIFAX, Nova Scotia (Reuters) – United States national security adviser Robert O’Brien said on Saturday that an initial trade agreement…
No ‘phase two’ U.S.-China deal on the horizon, officials say
WASHINGTON (Reuters) – An ambitious “phase two” trade deal between the United States and China is looking less likely as…
U.S. sanctions on Iran threaten access to certain medicines: report
WASHINGTON (Reuters) – U.S. sanctions on Iran threaten access by some Iranians to medicines that treat diseases such as cancer…
Weak U.S. retail sales cast shadow over slowing economy
WASHINGTON (Reuters) – U.S. retail sales fell for the first time in seven months in September, suggesting that manufacturing-led weakness…
Oil rises on hopes OPEC will extend supply cuts, weaker U.S. dollar
HOUSTON (Reuters) – Oil rose on Wednesday, gaining support due to signs that OPEC and allied producers will continue to…
U.S., Chinese teams working on Phase 1 trade deal text: Mnuchin
U.S. Treasury Secretary Steve Mnuchin speaks about sanctions against Turkey at a news briefing at the White House in Washington,…
‘Alarming upsurge’ in measles has devastating impact, WHO warns
LONDON (Reuters) – Measles is staging a devastating comeback in epidemics across the world as the virus exploits dangerous gaps…
‘Goldilocks’ jobs data propels Wall St. to best day since August
(Reuters) – Wall Street surged on Friday after moderate jobs growth in September offered relief from a spate of dismal…
Capital spending outlook another worry ahead of earnings
NEW YORK (Reuters) – Investors are preparing for more cautious capital investment outlooks from U.S. companies as worries mount heading…
U.S. unemployment rate hits 3.5%; job growth moderate
WASHINGTON, (Reuters) – The U.S. unemployment rate dropped to near a 50-year low of 3.5% in September, with job growth…
Instant View: U.S. September payrolls lower than expected, jobless rate drops
(Reuters) – U.S. job growth increased moderately in September, with the unemployment rate dropping to near a 50-year low of…
Spain’s Sanchez says he will defend food sector against ‘unacceptable’ U.S. tariffs
FILE PHOTO: Spain’s acting Prime Minister Pedro Sanchez looks on during a news conference at the Moncloa Palace after a…
Saudi Arabia consults allies on oil attack, awaits result of investigation: official
UNITED NATIONS (Reuters) – Saudi Arabia is in consultation “with friends and allies about the next steps to take” after…
U.S. new home sales accelerate; lower mortgage rates a boost
WASHINGTON (Reuters) – Sales of new U.S. single-family homes rebounded more than expected in August, the latest sign that the…
Evans: Larger balance sheet may avoid future repo market problems
CHICAGO (Reuters) – Chicago Federal Reserve bank president Charles Evans said on Wednesday that the Fed may be able to…
Evans says two rate cuts have Fed ‘well-positioned’ at this point
FILE PHOTO: Chicago Federal Reserve Bank President Charles Evans visits the online music retailer Sweetwater, in Fort Wayne, Indiana, U.S.…
Saudi Arabia says consulting on next steps after attack, waiting for inquiry results
UNITED NATIONS (Reuters) – Saudi Arabia is in consultation “with friends and allies about the next steps to take” after…
Unsafe sex: Argentina crisis deflates condom sales as costs rise
BUENOS AIRES (Reuters) – In South America’s capital of romance, Argentine lovers are cutting back on one important cost: contraception.…
U.S. Speaker Pelosi unveils drug price plan, Trump welcomes it
WASHINGTON (Reuters) – U.S. House Speaker Nancy Pelosi, a Democrat, proposed legislation on Thursday to let the federal government negotiate…
Shares edge up after Fed rate cut, oil prices gain
NEW YORK (Reuters) – A gauge of global equity performance edged higher on Thursday, a day after the Federal Reserve…
Unsafe sex: Argentina crisis deflates condom sales as costs rise
BUENOS AIRES (Reuters) – In South America’s capital of romance, Argentine lovers are cutting back on one important cost: contraception.…
Explainer: U.S.-China trade talks – where they are and what’s at stake
WASHINGTON (Reuters) – Senior U.S. and Chinese officials are meeting in Washington on Thursday and Friday in an attempt to…
Shares rise after Fed rate cut, oil prices gain
NEW YORK (Reuters) – A gauge of global equity performance rose within 1% of a record high on Thursday, a…
France and Germany united on strategy to fight global slowdown: French minister
French Finance Minister Bruno Le Maire, German Economy Minister Peter Altmaier and German Finance Minister Olaf Scholz arrive to attend…
Waning ECB stimulus bets push bond yields higher
LONDON (Reuters) – Global bond yields rose on Monday, amid growing caution over the extent to which the European Central…
Vuitton to hire more French handbag makers as Chinese sales boom
BEAULIEU-SUR-LAYON, France (Reuters) – LVMH’s (LVMH.PA) Louis Vuitton brand will hire another 1,500 manufacturing staff in France by 2022, as…
Wall St. barely gains after mixed U.S. jobs data
NEW YORK (Reuters) – The S&P 500 and Dow industrials closed slightly higher on Friday as investors digested a mixed…
U.S. hiring cools; wages, hours offer silver lining
WASHINGTON (Reuters) – U.S. job growth slowed more than expected in August, with retail hiring declining for a seventh straight…
Vietnam culls 4.7 million pigs as African swine fever spreads
HANOI (Reuters) – Vietnam has culled about 4.7 million pigs to contain an outbreak of African swine fever that has…
China vice premier urges hog production recovery amid swine fever
FILE PHOTO: A man disinfects a pig farm in Guangan, Sichuan province, China August 27, 2019. REUTERS/Stringer BEIJING (Reuters) –…
Argentine markets split after currency controls stoke uncertainty
BUENOS AIRES/LONDON (Reuters) – Argentina’s international dollar and euro-denominated bonds fell to record lows on Monday and the official peso…
General Motors cuts some 350 jobs in Thailand operations
BANGKOK (Reuters) – General Motors (GM.N) has cut about 350 jobs from its Thai subsidiary’s operations, a labor representative said…
U.S. says no grace period for Chinese imports facing tariffs on Sept. 1
FILE PHOTO: Containers are seen at the Yangshan Deep Water Port in Shanghai, China August 6, 2019. REUTERS/Aly Song WASHINGTON…
IMF board to meet for informal session about Argentina -spokesperson
BUENOS AIRES (Reuters) – The executive board of the International Monetary Fund will meet for an “informal information session” on…
Trump says trade meeting with China set for September is still on
FILE PHOTO: U.S. President Donald Trump speaks with reporters on the South Lawn of the White House in Washington, U.S.,…
Stocks edge higher but post monthly loss; yuan weakens as tariffs loom
NEW YORK (Reuters) – Hopes for a thaw in the U.S.-China trade war helped a gauge of global stocks rise…
Trump says euro dropping ‘like crazy’ against dollar, blames Fed
U.S. President Donald Trump waves as he walks from the Oval Office of the White House in Washington, U.S., before…
Cuba unveils tighter rules on cooperatives in clampdown on non-state sector
HAVANA (Reuters) – Communist-run Cuba unveiled tighter regulations on non-agricultural cooperatives on Friday, including curbs on their prices, in keeping…
U.S. economy slowing, but consumers limiting downside
WASHINGTON (Reuters) – U.S. economic growth slowed in the second quarter, the government confirmed on Thursday, but the strongest consumer…