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THE revised number for gross domestic product was initially reported at 2.3 per cent.

The short-term macroeconomic priorities of RBI are, therefore, clear – to focus on reducing inflation in line with the proposed glide path; work with the government and banks to speed up resolution of dis-tressed projects and cleaning up bank balance sheets; ensure banks...

“I’d get him a McDonald’s hamburger and I’d say we gotta get down to work, because you can’t continue to devalue (the Chinese currency)”, Trump said Monday night on Fox News.

They explained this policy shift by stating that they wanted to defend their market share and didn’t want customers buying oil from other sources.

North American stock markets seesawed once again on Wednesday as investors couldn’t decide whether to be encouraged by China’s recent move to stimulate its economy or anxious that Beijing thinks it needs stimulus in the first place.

Dudley suggested, however, that the Fed’s decision will depend more on global economic troubles then market volatility.

Concerns over China’s slowing economy that sent global stock and commodity markets on a recent free fall are heightened by the opacity and conflicting signals from the country’s political leadership and its central bank.

Stocks jumped on Wednesday as global markets showed tentative signs of regaining their footing after an extended rout fueled by growth concerns.

Brazil rules out selling United States dollars reserves to damp fx volatility, repo an option-source.

The Shanghai Composite Index, whose steep drop in recent days triggered worldwide selling, gained 5.3 per cent to close at 3,083.59 points, bouncing back from losses that wiped some 20 per cent off its value over the past week.

New fires have repeatedly broken out on the site, which is scattered with smouldering chemicals and flammable substances, the official Xinhua news agency said.

China’s central bank cut interest rates and lowered the amount of reserves banks must hold for the second time in two months on Tuesday, ratcheting up support for a stuttering economy and a plunging stock market that has sent shockwaves around the globe. The Nasdaq...

The Dow was up 332 points, or 2 percent, to 16,203 as of 11 a.m., while the Standard & Poor’s 500 index gained 42 points, or 2.2 percent, to 1,936.

Stocks once again showed a strong move to the upside at the start of trading on Wednesday, mirroring the performance seen in the previous session.

He answered, “I would not be throwing him a dinner”. “I would get him a McDonald’s hamburger and say we’ve got to get down to work because you can’t continue to devalue”, he said, according to a transcript published by the Daily Caller.