Thu, Nov 30, 2023
The U.S. economy grew faster than initially thought in the third quarter as businesses built more warehouses and accumulated machinery equipment, but momentum appears to have since waned as higher borrowing costs curb hiring and spending.
Tue, Nov 28, 2023
As per the forecasts, the consumer staples and software sectors are set to post earnings growth of 40 per cent and 30 per cent, respectively.
Wed, Nov 15, 2023
Consumption was flat in July-September after sliding 0.9 per cent in the previous quarter, falling short of economists' median estimate for 0.2 per cent growth.
Tue, Nov 07, 2023
The upward revision followed a decision by China to approve a 1 trillion yuan ($137 billion) sovereign bond issue and allow local governments to frontload part of their 2024 bond quotas, in a move to support the economy.
Tue, Oct 31, 2023
South Korea's potential growth rate - the maximum economic growth that can be achieved without triggering inflationary pressure - is estimated to be around 2 per cent, policymakers have said.
Wed, Oct 18, 2023
On a quarter-by-quarter basis, GDP grew 1.3 per cent in the third quarter, accelerating from a revised 0.5 per cent in the second quarter and above the forecast for growth of 1.0 per cent.
On a quarter-by-quarter basis, GDP grew 1.3 per cent in the third quarter, accelerating from a revised 0.5 per cent in the second quarter, and the rate was above the forecast for growth of 1.0 per cent.
Thu, Sep 28, 2023
GDP is expected to shrink by 0.4 per cent in the third quarter, following stagnation in the second quarter.
Wed, Sep 06, 2023
According to ABS data, services exports rose by 12.1 per cent in the June quarter as the number of international students and tourists arriving in Australia continued to recover from the Covid-19 pandemic.
Wednesday's GDP report did show productivity remained a concern, with one productivity measure of GDP per hour worked falling by a sharp 2 per cent, the third straight quarter of declines.
Tue, Sep 05, 2023
The Reserve Bank of Australia (RBA) lifted interest rates to a decade-high of 4.1 per cent in June in an effort to restrain inflation.
Thu, Aug 31, 2023
GDP Growth: GDP growth figures remained as expected, year-on-year decline, but quarter-on-quarter growth increased from 6.1% to 7.8%, see Aditi Nair, Chief Economist, ICRA's special conversation
Economists say lower commodity prices helped manufacturers increase margins and offset the impact of 250 basis points of cumulative interest rate increases since May 2022.
Tue, Aug 29, 2023
Bringing 100 million skilled people to the Indian workforce has the potential to increase the country's GDP by 20 per cent and propel the economy towards $4 trillion, a report showed on Tuesday.
Mon, Aug 28, 2023
Forex traders said the rupee is trading in a range as selling pressure by foreign investors dented sentiments, while easing crude oil prices cushioned the downside.
Thu, Aug 17, 2023
Chandrasekhar said 'the centre of gravity of tech', which used to be in a few countries and centred around a few corporations and a few companies is moving to open source systems to younger and younger startups that are disrupting the normal.
Thu, Aug 10, 2023
The RBI Governor noted that headline inflation rose in June and is expected to surge in July as well as August due to vegetable prices.
Thu, Jul 27, 2023
Deloitte expects India to grow between 6 per cent and 6.3 per cent in FY 2023–24, and have a stronger outlook thereafter.
Mon, Jul 24, 2023
The world's most populous country aspires to leapfrog to the status of a developed nation, riding on the unprecedented demographic dividend, which demands an annual gross domestic product (GDP) growth rate of around 8 per cent for the next 25 years.
Tue, Jul 18, 2023
The Adani Group continues to attract global investment partners aligned to our long-term approach of building and operating world-class assets.
Mon, Jul 17, 2023
China’s GDP in the first quarter beat expectations and grew by 4.5 per cent, as consumers flocked to shopping malls and restaurants after nearly three years of “zero-COVID” restrictions were removed at the end of 2022.
Thu, Jun 15, 2023
Employment remains strong in New Zealand, limiting the effects for many people of a recessionary environment.
Thu, Jun 08, 2023
Japan's gross domestic product (GDP) expanded an annualised 2.7 per cent in January-March, much higher than a preliminary estimate of a 1.6 per cent growth and much higher than economists' median forecast for a 1.9 per cent rise.
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