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TSX looks to head higher as StatsCan GDP report beats expectations

2015-03-03 22:50:35| IT Services - Topix.net

The Toronto stock market appeared set to open higher Tuesday as an upbeat report on the Canadian economy was expected to overshadow a slightly disappointing earnings report from Scotiabank and lower metals prices. Statistics Canada says the economy grew at an annualized pace of 2.4 per cent in the fourth quarter of 2014, better than the the 2.0 per cent forecast by analysts surveyed by Thomson Reuters.

Tags: report head higher expectations

 

Japanese shares hit high on GDP data

2015-02-16 03:16:19| BBC News | Business | UK Edition

Japanese shares hit their highest level in nearly eight years after data showed the world's third largest economy had come out of recession.

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S&P 500 Climbs to Record as Europe, Oil Rise on GDP Data

2015-02-14 11:52:12| Beverages - Topix.net

The Standard & Poor's 500 Index rose to an all-time high as optimism about growth in Europe offset an unexpected drop in consumer confidence. Treasuries fell, while oil headed for a third week of gains.

Tags: data record europe oil

 

VIDEO: Why Shanghai dropped GDP target

2015-02-11 03:33:03| BBC News | Business | UK Edition

Shanghai is China's first major city to abandon GDP targets - a move that's being seen as a bid to focus on economic quality rather than quantity.

Tags: video target dropped shanghai

 

Slacker growth in GDP caps '14

2015-01-31 13:38:50| Food - Topix.net

The U.S. economy expanded at a slower pace than forecast in the fourth quarter as cooling business investment, a slump in government spending and a widening trade gap took some of the shine off the biggest gain in consumer spending in almost nine years. Subscribers must LOG-IN to read this full story.

Tags: growth caps gdp slacker

 

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