The British Chambers of Commerce (BCC) Wednesday revised down its forecasts on Britain’s GDP growth, and warned that the country’s economic growth faces “a number of hurdles”.
The current Chinese economic slowdown is only natural and, given the existence of strong growth factors, not worrying, said European analysts.
China will focus on boosting economic growth quality and efficiency in 2015 and stick to the theme of seeking progress while maintaining stability, according to a high-level meeting of the Communist Party of China (CPC) on Friday.
The Bank of Canada announced Wednesday that it is maintaining its target for the overnight rate at 1 percent.
Bank of China (BOC) predicted in a report on Tuesday that China’s GDP will expand by around 7.2 percent in 2015, lower than the target set for this year.
The U.S. dollar rose against other currencies as traders expected lower crude prices will support the U.S. economy.
CGN Power Co, the Chinese mainland’s largest nuclear power producer, opened its retail books on Thursday for a Hong Kong initial public offering (IPO).
The number of Americans initially applying for unemployment aid last week rose to a three- month high, while the job market kept tight amid recovering economy.
Number of private sector businesses in Britain reached new record of 5.2 million at the start of 2014, official figures published on Wednesday showed.
U.S. consumer spending grew in tandem with their income in October, indicating robust momentum for the upcoming shopping season, the Commerce Department reported Wednesday.