International Finance

Category : Economy

Japan’s April industrial output revised, shows bigger fall

Analysts say implementation of sales tax increase negatively impacted Japanese manufacturing companies, reports Team IFM Tokyo, June 13: The Japanese government has revised its reading for April’s industrial production, saying the decline was sharper than had been initially estimated, official data show, confirming an independent analysis that said the rebound seen in the previous month...

Japan’s first quarter growth tops initial estimates

Increased capital expenditure pushes fastest expansion since 2011 fourth quarter, reports Team IFM Tokyo, June 13: Japan has revised its initial first quarter growth numbers to show an unexpected expansion for the sixth straight quarter, contrary to independent projections of a  much slower increase, and analysts said it was not entirely due to heightened activity...

US help-wanted ads hits seven-year high in April

Conference Board says trend continues in May as American economy gathers momentum, reports Team IFM New York, June 13: American employers are gaining confidence, going by the number of advertisements for job openings they have issued in April, an official statement said on Tuesday, while the recruitment index of an independent survey showed the trend...

Canada rides demand for temps to see job pool swell

Payroll increase subdued since last August, with bulk of growth over past year being in part-time segment, reports Team IFM Ottawa, June 12: Canada rode a demand for part-time workers in May to register a rise in employment numbers for the month, its data office has said, even as an independent survey of the nation’s...

German factories on a roll in April, see orders recover

Markit data however paints more subdued picture for May despite robust beginning to second quarter, reports Team IFM Wiesbaden, June 12: Orders at German factories posted a remarkable recovery in April after taking the sharpest nosedive in a year the month before, official data released here on Thursday said, while an independent survey showed order...

How can finance innovation boost UK as an export nation?

by Andrew Jesse, VP, Basware 9th June 2014 Recent statistics have outlined that the financial technology sector is one of the strongest sectors in the UK economy, with investment jumping 177 per cent in the first quarter of 2014 compared to last year. It is clear that this is a large growth area for the...

UAE’s non-oil firms gallop, Saudi Arabia’s canter

Survey reports say private sector output in the emirate at near-record pace, while those in the kingdom see sluggish order increase, reports Team IFM Abu Dhabi, June 9: Two separate reports have painted contrasting performance pictures for non-oil producing private sector companies in the United Arab Emirates (UAE) and Saudi Arabia for May. While an...

Australian factories remain in the red in May

Confidence dampened following Federal Budget despite a rise in production, reports Team IFM Sydney, June 9: May witnessed a contraction in Australia’s manufacturing industry for the seventh consecutive month, an independent survey report has found, the latest shrinkage primarily reflecting the budget blues in the business sector. The latest Australian Industry Group (AIG) Manufacturing Index...

Indonesia sees April trade deficit on low China, India demand

But new order growth gains further momentum in May giving manufacturing a boost, reports Team IFM Jakarta, June 9: Indonesia’s balance of trade in April recorded a deficit of $1.96 billion thanks to weakening overseas orders, official data released this week showed, even as an independent survey report said new orders placed with manufacturers rose...