CHENGDU, China The world's biggest economies will work to support global growth and better share the benefits of trade, policymakers said on Sunday after a meeting dominated by the impact of Britain's exit from Europe and fears of rising protectionism.
CHENGDU, China The world's leading economies have discussed how to take advantage of their lower debt costs to spend more on investment as a way to boost weak economic growth, the head of the Organisation for Economic Co-operation and Development said.
BEIJING As China's economy notches up another quarter of steady growth, the pace of credit creation grows ever more frantic for every extra unit of production, as inefficient state firms swallow an increasing share of lending.
MADRID Spain's economy may grow around 2.9 percent in 2016, up from the current official target of 2.7 percent, although 2017 could come under pressure due to lower global growth, acting Economy Minister Luis de Guindos said on Sunday.
LONDON Overseas buyers lured by a plunge in the pound are looking to snare British companies on the cheap, ensuring a steady flow of deals since Britain voted to leave the European Union and defying expectations of an M&A drought.
CHENGDU, China Downward pressure on the Chinese economy remains fairly large but it should be able to expand more than 6.5 percent this year, Bai Chongen, a policy adviser to the central bank and professor at Tsinghua University, told Reuters on Sunday.
LONDON, July 22 European stock markets fell on Friday, weighed down by a drop in the shares of mining companies and a fall at Swedish construction company Skanska.
* Indexes up: Dow 0.29 pct, S&P 0.46 pct, Nasdaq 0.52 pct (Updates with close of U.S. market)
* STOXX up off post-Brexit lows, but still down 7 pct in 2016
TOKYO, July 22 Japanese stocks dropped on Friday in thin trade, with investors taking profit after recent gains as the yen strengthened on waning expectations of radical monetary policy easing from the Bank of Japan.
July 22 Hong Kong shares finished down on Friday as Asian shares slid after weak corporate earnings halted Wall Street's record run.
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