Archive for the December 28, 2016
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Cuba's economy shrank 0.9 percent this year due to a fall in exports to its oil-producing allies as they struggled with the long slump in global fuel prices, its economy minister told the National Assembly
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Brazil posted its worst-ever primary budget deficit for the month of November, erasing all of the gains recorded in the previous month and highlighting the government's lingering challenge to rebalance the depleted public accounts. The
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US consumer confidence shot to its highest in more than 15 years in December as Americans saw more strength ahead in business conditions, stock prices and the job market following the election of Donald Trump
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South Korea's central bank on Tuesday warned that the debt-servicing capacity of some of the country's most vulnerable households could fall on the back of a delay in economic recovery and rising interest rates. In
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Calls for euro zone governments to ramp up spending to bolster their economies are falling on deaf ears, estimates of member states' borrowing in bond markets next year suggest. Commerzbank, Morgan Stanley and ING expect
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Poland expects more foreign bank owners to sell their holdings in the country in 2017 following UniCredit's sale of the country's second largest lender, Deputy Prime Minister Mateusz Morawiecki said on Wednesday. Raiffeisen has so
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China has not signalled a desire to change its relationship with El Salvador, El Salvador's foreign Minister said on Monday, as his country prepares to host Taiwan's president after she held a controversial call with
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Thailand's economy can still expand 3.3 percent this year thanks to short-term stimulus measures, and extra fiscal spending should lift the growth rate to 3.6-3.7 percent next year, the finance minister said on Wednesday. Since
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Banking shares boosted Saudi Arabia's stock index on Tuesday to its highest level this year, while other Gulf markets moved little in quiet trade with some foreign investors absent for New Year holidays. The Saudi
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Taiwan stocks were largely flat on Tuesday in light trading ahead of the year-end, amid a lack of cues to provide direction as some major overseas markets were shut for holiday. As of 0318 GMT,
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