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World's biggest pension fund loses $52bn

Aug 26 2016 15:25

The world’s biggest pension fund has posted a $52bn loss last quarter as stocks tumbled and the yen surged, wiping out investment gains.


China tightening risk seen looming as bonds surge

Aug 26 2016 11:30

Frothiness in parts of China’s financial markets is pushing the central bank closer to tightening monetary policy.


Orders for US capital goods rose for a second month

Aug 25 2016 16:45

Orders for US business equipment have climbed for a second month in July, the first back-to-back advance since early 2015.


UK consumer boom set to flag as Brexit ignites inflation

Aug 25 2016 14:30

For UK consumers, the good times might not keep rolling, as quickening inflation looks set to erode almost two years of real-wage growth


UK consumer credit rises at fastest pace in a decade

Aug 24 2016 12:13

UK consumer credit has risen the fastest in almost a decade in July, as shoppers hit the stores for summer goods and took advantage of low interest rates on loans.


Brexit may cut tax revenue by 13%

Aug 23 2016 13:45

Brexit will hit the Scottish economy and cut the semi-autonomous government’s tax revenue by as much as 13% by 2030, says First Minister Nicola Sturgeon’s admin.


UK factories reap export benefits of Brexit’s drag

Aug 23 2016 13:15

UK manufacturers are starting to see the benefits of the pound’s decline, with export orders posting their best performance in two years.


Eurozone shrugs off Brexit as key index edges up

Aug 23 2016 12:30

The eurozone economy has maintained its momentum in August, with growth showing little sign of being curtailed by fallout from the UK’s Brexit vote.


UK urged to boost infrastructure spending

Aug 22 2016 14:41

Britain’s biggest banks are urging Prime Minister Theresa May to increase spending on infrastructure projects to stave off a Brexit-induced slump.


Brexit worsens UK energy supply risk

Aug 22 2016 14:00

Britain’s decision to leave the European Union may push back its planned exit from coal, a mainstay in the nation’s energy supply for more than a century.



UK economic stamina not assured after Brexit resilience

Aug 22 2016 11:12

While the new data suggest the UK is shrugging off economists’ warnings about post-Brexit turmoil, a chief economist says it’s too early to be definitive.


Pro-Brexit economists sense vindication as UK shows resilience

Aug 19 2016 18:00

With consumers on their biggest summer spending spree in 14 years after Britain’s vote to quit the European Union, “Leave” backers see reasons to be cheerful.

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