Tag Archives: GROWTH

Asian Asian Shares China GDP recovery global stock growth records

Asian shares firm as China’s GDP raises hopes of recovery

01 January, 2020 9:10 am 9:10 am

SHANGHAI (Reuters) – Asian shares rose on Friday after global stock indexes and Wall Street posted more records, and as China’s economic growth matched expectations in spite of US trade pressures. The world’s second-largest economy grew 6.0% in the fourth quarter of 2019 from a year earlier, and 6.1% for the full year, official data … Read More


Netflix sinks on subscriber losses, analysts still see growth

07 July, 2019 12:46 pm 12:46 pm

(Reuters) – Wall Street brokerages stuck to a positive outlook on Netflix Inc on Thursday, betting that a strong content slate for the rest of 2019 would reverse shock second-quarter losses in US subscribers that sank its stock price. Netflix shares fell about 11% on worries about its earnings report on Wednesday that showed lower-than-expected … Read More

uk business brexit european union growth may economy

UK private sector reports sluggish underlying growth

06 June, 2019 8:33 am 8:33 am

LONDON (Reuters) – Britain’s private sector reported sluggish underlying growth last month as Brexit uncertainty continues to weigh on many businesses, the Confederation of British Industry said on Sunday. Britain’s economy grew solidly in the first three months of this year, according to official data, boosted in part by factories stockpiling raw materials ahead of … Read More

economy euro zine growth pierre moscovici unemployment

Euro zone budget likely to play stabilising role: Moscovici

04 April, 2019 12:28 pm 12:28 pm

WASHINGTON (Reuters) – A future euro zone budget will soon have to take on the task of cushioning economic shocks despite current resistance from countries in northern Europe, a top European Union official said. European Commissioner for Economic and Financial Affairs Pierre Moscovici said the setting up of the limited “budgetary instrument for convergence and … Read More

IMF, US$6.20 billion, bailout, package, Pakistan

Pakistan’s growth rate likely to remain at 2.9% this year: IMF

04 April, 2019 10:14 am 10:14 am

ISLAMABAD (92 News) – The International Monetary Fund (IMF) has expressed its fear that economic conditions of Pakistan may further decline in 2019, resulting in slowdown of economic development and increase in unemployment. According to a report titled ‘World Economic Outlook 2019’ issued by the IMF on Tuesday, economic development would slow down and unemployment … Read More

Pakistan, GDP, growth, drop, 3.9%, FY2019, ADB

Pakistan GDP growth will drop to 3.9% in FY2019, predicts ADB

04 April, 2019 3:14 pm 3:14 pm

ISLAMABAD (92 News) – The Asian Development Bank has forecast Pakistan’s economic growth to decelerate to 3.9% in fiscal year 2019 following a pronounced widening of the country’s balance of payments deficit in 2018. In its flagship economic publication titled “Asian Development Outlook (ADO) 2019,” the bank said Pakistan’s GDP growth is forecast to drop … Read More

Oil, global, growth, US, inventories

Oil prices fall on worries fuel demand to stall amid slowing global growth

01 January, 2019 9:36 am 9:36 am

SYDNEY/SINGAPORE (Reuters) – Oil prices declined on Thursday amid lingering concerns over slowing global economic growth that may limit fuel demand and after a surprise build in US crude inventories. International Brent crude oil futures LCOc1 were at $60.89 a barrel at 0352 GMT, down 25 cents, or 0.4 percent, from their last settlement, having … Read More

Malta says expects to maintain budget surplus, strong growth in 2019

10 October, 2018 9:17 am 9:17 am

VALLETTA (Reuters) – Malta expects to register a fiscal surplus for the fourth successive year in 2019 and forecasts its economy to grow by 5.3 percent in real terms, Finance Minister Edward Scicluna said when he presented the Mediterranean island’s 2019 budget. Scicluna said the surplus in 2019 was projected to reach 1.3 percent of … Read More

Asian shares rise after record highs on Wall Street

08 August, 2018 8:48 am 8:48 am

SHANGHAI (Reuters) – Asian shares rose early on Monday, taking support from Wall Street’s gains on Friday after US Federal Reserve Chairman Jerome Powell said a gradual approach to raising rates was best to protect the US economy and job growth. Powell’s comments, which were in line with market expectations, helped to push the S&P500 … Read More

French government trims growth forecast for 2019 budget

08 August, 2018 9:01 am 9:01 am

PARIS (Reuters) – The French government will base its 2019 budget on a slightly lower growth estimate than it had previously expected, the prime minister said, insisting plans to rein in spending remained on track. “The growth estimate we are building our budget on is 1.7 percent,” Edouard Philippe told weekend newspaper Le Journal du … Read More