• UK consumer spending stays in the doldrums in January: Visa


    British shoppers spent less last month than the year before, causing spending in January to fall for the first time since 2013, according to a survey which underscored many households’ caution about their finances and the approach of Brexit. REUTERS

  • IMF's Lagarde says market swings aren't worrying, but wants reforms


    Sharp swings in global financial markets in the past few days are not worrying since economic growth is strong but reforms are still needed to avert future crises, the managing director of the International Monetary Fund said. REUTERS

  • ISTAT will confirm debt falling - Padoan


    Economy Minister Pier Carlo Padoan said Thursday he believed ISTAT would soon confirm that Italy's public debt is falling. "Public debt is starting to fall, we'll see the ISTAT data but I think so," Padoan said. ANSA

  • OECD growth momentum seen stable


    Composite leading indicators, designed to anticipate turning points in economic activity relative to trend six to nine months ahead, continue to anticipate stable growth momentum in the Organisation for Economic Co-operation and Development (OECD) area as a whole, the Paris-based OECD said. RADIOCOR

  • German economy to grow by 2.7 percent this year


    The DIHK Chambers of Industry and Commerce on Wednesday raised its 2018 growth forecast for the German economy to 2.7 percent from 2.2 percent, providing a bullish outlook for Europe’s biggest economy despite weaker output at the end of last year. REUTERS

  • China says will take more steps to lower corporate leverage level


    China will take more measures, including market-based debt-to-equity swaps, to lower corporate leverage levels, state radio quoted a cabinet meeting as saying on Wednesday. The government will roll out a mechanism to restrain assets and liabilities of state-owned companies, encourage introducing strategic investment and push forward mixed ownership reform, it said. REUTERS

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