Economic outlook

April 11, 2017 - 1:14 am
MANILA, Philippines (AP) — The World Bank says the Philippines will remain a top performer in East Asia, with its economy forecast to grow close to 7 percent in the next three years. A bank report released Tuesday said the economy is projected to grow 6.9 percent this year and next, and 6.8 percent...
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April 05, 2017 - 9:43 pm
HONG KONG (AP) — The Asian Development Bank says Asia's developing economies will see steady growth this year and the next, though the evolving policies of President Donald Trump's administration are a major uncertainty. The Manila, Philippines-based lender forecast growth in developing Asia at 5.7...
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April 05, 2017 - 6:08 pm
WASHINGTON (AP) — Federal Reserve officials last month discussed the possibility of reducing their enormous portfolio of bond holdings later this year, sooner than many investors have been expecting. The Fed's bond holdings have kept downward pressure on interest rates. If its policy committee...
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FILE - In this Tuesday, Jan. 10, 2017, file photo, Elizabeth Long, a Smoothie Stop employee, pours a smoothie at the YMCA in Charleston, W. Va. U.S. private businesses added the most jobs in more than two years in March 2017, a private survey found, a third straight month of robust gains. Payroll processor ADP says businesses added 263,000 jobs in March, the most since December 2014. (Sam Owens/Charleston Gazette-Mail via AP, File)
April 05, 2017 - 9:19 am
WASHINGTON (AP) — U.S. private businesses added the most jobs in more than two years last month, a private survey found, a third straight month of robust gains. Payroll processor ADP said Wednesday that businesses added 263,000 jobs in March, the most since December 2014. That is up from 245,000 in...
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Specialist Thomas McArdle works at his post on the floor of the New York Stock Exchange, Thursday, March 30, 2017. U.S. stock indexes edged higher in early trading Thursday as investors weighed the latest batch of company earnings, deal news and economic data. (AP Photo/Richard Drew)
March 30, 2017 - 5:08 pm
Banks and other financial companies led U.S. stocks modestly higher Thursday, nudging the Nasdaq composite index to an all-time high. Rising bond yields, which can result in higher interest rates on loans and bigger profits for banks, helped put traders in the mood to buy banking stocks. Energy...
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Specialist Thomas McArdle works at his post on the floor of the New York Stock Exchange, Thursday, March 30, 2017. U.S. stock indexes edged higher in early trading Thursday as investors weighed the latest batch of company earnings, deal news and economic data. (AP Photo/Richard Drew)
March 30, 2017 - 3:41 pm
U.S. stock indexes were moving higher in late-afternoon trading Thursday as investors weighed the latest batch of company earnings, deal news and economic data. Banks and other financial companies led the gainers. Energy stocks also rose, getting a boost from higher crude oil prices. Utilities and...
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March 30, 2017 - 10:29 am
U.S. stock indexes edged higher in early trading Thursday as investors weighed the latest batch of company earnings, deal news and economic data. Financial stocks led the gainers. Energy companies also rose, getting a boost from rising crude oil prices. Real estate companies and other high-dividend...
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March 27, 2017 - 12:06 am
WASHINGTON (AP) — U.S. economic growth is expected to accelerate this year and next, yet remain modest, even if President Trump's promised tax cuts and infrastructure spending are implemented, a survey found. The economy will grow a solid 2.3 percent this year and 2.5 percent in 2018, according to...
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A man walks past an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo, Tuesday, March 14, 2017. Asian stock markets drifted in slow trading on Tuesday as investors awaited the outcome of the Federal Reserve's meeting and a batch of economic and political events later this week. (AP Photo/Eugene Hoshiko)
March 14, 2017 - 5:30 am
SEOUL, South Korea (AP) — Global stock markets drifted in slow trading on Tuesday as investors awaited the outcome of the Federal Reserve's meeting, and a batch of economic and political events later this week. KEEPING SCORE: Britain's FTSE 100 added 0.1 percent to 7,373.68 while France's CAC 40...
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Saudi King Salman walks upon his arrival at Haneda International Airport in Tokyo, Sunday, March 12, 2017. Salman arrived in Japan as part of a month-long Asian tour. (AP Photo/Shizuo Kambayashi)
March 12, 2017 - 11:34 pm
TOKYO (AP) — King Salman and hundreds of business leaders from Saudi Arabia are in Japan for talks Monday mainly expected to focus on economic ties. The visit is the first by a Saudi king in 46 years, though Salman visited more recently as crown prince. Saudi Arabia is one of Japan's biggest...
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