International Economic
Fed can 'hardly ignore' global risks, Clarida says
Policymakers in the US can "hardly ignore" the impact that Brexit, a sharp slowdown in global growth prospects, or trade tensions might have on their economy as America, a top Federal Reserve official said.
China makes 'unprecedented' proposals, US may lift some tariffs
China has made "unprecedented" proposals to Washington on various issues, including the forced transfer of technology, Reuters reported, citing a US official, and Washington might be open to removing some of its tariffs on Chinese goods.
Oil prices fall as Trump calls on Opec to up production
Donald Trump has called on the Organization of Oil Exporting Countries to up its output, triggering a slide in oil futures.
US pending home sales fall more than expected in February
US pending home sales fell more than expected in February, according to the latest figures from the National Association of Realtors.
US initial jobless claims unexpectedly drop
The number of Americans filing for unemployment benefits unexpectedly fell last week, according to figures from the Labor Department.
Barclays says global recession risk 'limited', sees pick up in South America
The global economy is set to slow a tad in 2019, economists at Barclays said, but the risk of a slump into recession is limited.
US Q4 GDP reverts to trend as fiscal stimulus fades
America's economy grew a tad less quickly than expected at the end of 2018, revised data showed, as the kick from the Trump administration's tax cuts faded.
Tusk urges EU to support 'increasing majority' of UK remainers
European council president Donald Tusk asked the EU Parliament on Wednesday to support the “increasing majority” of British people who do not want to leave the bloc.