Japan's Amari: economy recovering moderately albeit some weakness

Japan's Amari: economy recovering moderately albeit some weakness

02/24 14:46 Anonymous 0

TOKYO (Reuters) - Japanese Economics Minister Akira Amari said on Monday that the economy was in a moderate recovery trend albeit some weakness and that it would continue to improve gradually even though overseas economies posed downside risks.Amari made the remarks after government’s preliminary data showed the economy shrank an annualized 0.

Oil prices seen under pressure as Paris attacks spark demand worries

Oil prices seen under pressure as Paris attacks spark demand worries

02/23 09:54 Anonymous 0

LONDON (Reuters) - Prices of oil and other commodities will come under renewed pressure on Monday on fears that Friday night’s deadly attacks on Paris will further slow the global economy.At least 129 people were killed on Friday evening in a series of coordinated attacks on Paris with Islamist militants claiming responsibility for the carnage.

China warns WTO its cheap exports will soon be harder to resist

China warns WTO its cheap exports will soon be harder to resist

02/21 11:00 Anonymous 0

GENEVA (Reuters) - China has served notice to World Trade Organization members including the European Union and United States that complaints about its cheap exports will need to meet a higher standard from December 2016, a Beijing envoy said at a WTO meeting.Ever since it joined the WTO in 2001, China has frequently attracted complaints that its exports are being “dumped”, or sold at unfairly cheap prices on foreign markets.

Blackstone to take minority stake in NCR Corp: source

Blackstone to take minority stake in NCR Corp: source

02/20 01:41 Anonymous 0

N) that will give it the equivalent of more than a 15 percent stake in the automated teller machines maker, a source familiar with the matter said on Wednesday.Duluth, Georgia-based NCR plans to announce details of the deal with Blackstone, the world’s largest private equity firm, by Thursday, the source said, asking not to be identified ahead of any official announcement.

Alibaba's Ma expects Singles' Day to show at least 50 percent growth

Alibaba's Ma expects Singles' Day to show at least 50 percent growth

02/19 14:15 Anonymous 0

BEIJING (Reuters) - Alibaba Group Holding Ltd’s annual Singles’ Day shopping festival should have 50 percent growth each year, founder and executive chairman Jack Ma said in Beijing on Wednesday.Singles’ Day is the biggest shopping event in the world, larger than the United States’ Black Friday and Cyber Monday combined.