World economy forecast to slow in 2019 amid trade war with China, rising US interest rates
The world economy will be more sluggish this year, the International Monetary Fund warned Monday, citing trade disputes that have seen China slow to its weakest pace in 30 years .....»»
In solid economy, Fed holds rates steady after 3 cuts in 2019 in wait-and-see approach
The Fed kept interest rates unchanged after three cuts in 2019. A partial China trade deal has eased risks but new hazards lik.....»»
Exclusive: IEA revising oil demand growth forecast down on slowing economy
The International Energy Agency (IEA) is reducing its 2019 oil demand forecast due to a slowing global economy amid a U.S.-China trade spat, its executive director said on Thursday......»»
Global economy: IMF cuts China outlook; PMIs put growth in slow lane
The IMF has cut its 2019 economic growth forecast for China to 6.2% on heightened uncertainty around trade frictions. And, as David Pollard reports, new PMI surveys show global growth still struggling to gain speed......»»
The Fed is "indicating that a rate cut is coming," says former central banker
Investors are expecting the Federal Reserve to cut interest rates, arguing that the ongoing U.S.-China trade war is threatening to slow down the global economy......»»
Wall Street dips on trade woes, weak earnings
(Reuters) - U.S. stock indexes were down on Thursday, but off their session lows on what some traders said was due to technical buying amid worries of the outcome of U.S.-China trade talks, rising interest rates and disappointing earnings reports......»»
Global airfares, hotel rates to rise in 2019: industry forecast
A strong global economy and rising oil prices are expected to push up the cost of air travel in 2019, with fares seen rising 2.6 percent and hotel rates up 3.7 percent, although there are downside risks from a trade war, according to an industry forecast......»»
Hong Kong housing price correction expected in 2019: Analyst
Alva To, vice president and head of consulting for Greater China at Cushman & Wakefield, says he believes there will be a correction in Hong Kong's housing market in 2019 as a result of trade tensions, policy shifts and rising interest rates......»»
IMF downgrades outlook for world economy to 3.7 pct. growth
The International Monetary Fund is downgrading its outlook for the world economy, citing rising interest rates and growing tensions over trade......»»
Eurozone economy seen slowing through to 2020
The European Union expects economic growth across the 19-country eurozone to slow over the coming years amid rising trade tensions around the world and higher oil prices......»»
Markets start the way they ended
After the worst year for world stock markets in a decade, 2019 has kicked off with the same trepidation surrounding economic slowdown, trade tension and rising interest rates that infected markets for most of the second half of last year......»»
U.S. car and truck makers are braced for a downshift this year, but here"s what sold like hotcakes in 2018
U.S. auto manufacturers predict new-vehicle sales will hit a five-year low in 2019 amid rising interest rates and escalating trade tensions abroad. Industry analysts anticipate U.S. auto sales will drop to 16.8 million units this year, down roughly.....»»
U.S. car/truck makers brace for downshift, but here"s what sold like hotcakes in Wisconsin in 2018
U.S. auto manufacturers predict new-vehicle sales will hit a five-year low in 2019 amid rising interest rates and escalating trade tensions abroad. Data of new vehicle registrations in Milwaukee County, which are registered vehicles for a model year.....»»
Metals Stocks: Gold prices sink amid rising dollar strength
Gold prices on Monday trade lower as the dollar strengthens to start the week, amid concerns about tensions between the U.S. and China. Investors also watched COVID-19 infections as businesses reopen domestically and elsewhere in the world......»»
Gold jumps, world stocks trade erratically after Fed"s rate cut
Global equity markets seesawed in volatile trade and gold prices rose more than 2% on Tuesday after the Federal Reserve cut interest rates in an emergency move to shield the U.S. economy from the impact of the coronavirus......»»
Janet Yellen sends out a warning on the global economy
The United States' trade war with China is far from over, according to Janet Yellen, who is warning that unresolved tensions over technology could divide the world and slow the development of artificial intelligence and 5G......»»
Janet Yellen sends out a warning on the global economy
The United States' trade war with China is far from over, according to Janet Yellen, who is warning that unresolved tensions over technology could divide the world and slow the development of artificial intelligence and 5G......»»
China"s factory, retail sectors shine as trade tensions thaw
Growth in China's industrial and retail sectors beat expectations in November, as government support propped up demand in the world's second-largest economy and amid easing trade hostilities with Washington......»»
Oil rises on Trump"s optimism for a deal with China
Oil prices rose on Thursday after U.S. President Donald Trump said Washington was "very close" to nailing down a trade deal with China and the Federal Reserve held interest rates steady and struck an optimistic tone on the outlook for the economy......»»
Stocks slip amid concerns about trade and interest rates
Stocks slipped Wednesday as traders assessed mixed news around U.S.-China trade talks along with testimony from the highest-ranking Federal Reserve official......»»
Stocks slip amid concerns about trade and interest rates
Stocks slipped Wednesday as traders assessed mixed news around U.S.-China trade talks along with testimony from the highest-ranking Federal Reserve official......»»