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Global Markets

G20 will use 'all policy tools' to lift growth as Brexit weighs

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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.

Rock-bottom rates creates fiscal space for G20: OECD

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.

6:31am BST

China's growth sucks in more debt bucks for less bang

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.

2:26am BST

Spain poised to grow 2.9 percent in 2016 -Economy Minister

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.

1:12pm BST

Corporate raiders seek Brexit bargains in Britain

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.

11:42am BST

Downward pressure still high but China can hit GDP target: central bank adviser

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.

5:41am BST
World Markets

European shares slip as miners weaken and Skanska skids

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.

US STOCKS-Wall St rises, racks up 4th straight week of gains

* Indexes up: Dow 0.29 pct, S&P 0.46 pct, Nasdaq 0.52 pct (Updates with close of U.S. market)

Japanese stocks fall on stronger yen; BOJ meeting in focus next week

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.

Hong Kong shares join others in Asia, follow Wall Street down

July 22 Hong Kong shares finished down on Friday as Asian shares slid after weak corporate earnings halted Wall Street's record run.

22 Jul 2016
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