Wednesday, Nov 27, 2024

International Finance

Tag : Wealth Management

Economy

German recovery on expected lines, says data office

International Finance Desk
by International Finance Desk
The government believes economy gaining momentum while respected think-tank maintains businesses not so sure about future, report Team IFM Munich, May 28: Germany, it seems, is tiptoeing towards recovery. Its statistical office says the national economy is “gaining momentum” on expected lines; a greatly valued survey report says business confidence slipped this month, while an...
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Economy

Higher auto prices push up Singapore’s April inflation rate

International Finance Desk
by International Finance Desk
Housing sees prices falling, but central bank predicts inflationary trends to continue in second half, reports Team IFM Singapore, May 27: Singapore’s consumer prices, already under pressure from rising labour costs, were propelled by a spike in transportation costs to almost double in April compared to the preceding month, official data released last week show,...
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Economy

Global investors turn bullish with Modi as India’s new Prime Minister

International Finance Desk
by International Finance Desk
The Hindu nationalist Bharatiya Janata Party by winning a majority on its own, the first time any single party has done so in the past 30 years, has raised expectations of accelerated economic growth through stable, decisive government. New Delhi, May 26: Global investors are eagerly waiting for Monday, May 26, when Narendra Modi will...
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Economy

Japan’s trade deficit shrinks 7.8%

International Finance Desk
by International Finance Desk
April is not the cruellest month for economy as car exports to US rev up and a weak yen is expected to boost exports further, reports Team IFM Tokyo, May 26: Japan improved its April trade balance with a 5.1 percent rise in exports and its imports clocking a 3.4 percent increase resulting in a...
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Economy

India getting back on track

International Finance Desk
by International Finance Desk
The resounding victory by the Bharatiya Janata Party (BJP) led alliance in Indian elections likely ushers in a period of significant economic reform in India. The resounding victory by the Bharatiya Janata Party (BJP) led alliance in Indian elections likely ushers in a period of significant economic reform in India. Reforms are likely to focus...
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Economy

China’s industrial output and retail sales disappoint

International Finance Desk
by International Finance Desk
Conditions at factories down triggering calls for state leg-up, but surging online shopping belies all trends, reports Team IFM. China’s industrial output growth during April declined below forecasts, according to data released by its statistics office earlier this week, while its retail sector disappointed even as recent trends show the country is going through an...
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Economy

Tax hike pushes Japan’s March industrial output

International Finance Desk
by International Finance Desk
Spurt in activity comes on heels of weak February data, and independent economy tracker says April too will bring bad news, reports Team IFM Tokyo, May 19: Japan saw its industrial production rev up as expected in March on the eve of a sales levy hike, according to official data released on Friday, while an...
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Economy

Euro zone industrial output takes a dive

International Finance Desk
by International Finance Desk
March production dragged down by growth dips in ‘big-four’ economies and the energy demand declining in warm winter though April could bring cheer, reports Team IFM Brussels, May 16: Lacklustre industrial production in the four major euro zone economies and a weakened demand for energy dragged down regional output in March, official data released on...
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Economy

Indonesian factory situation gallops ahead in April

International Finance Desk
by International Finance Desk
Flicks off first quarter growth blues, while apex bank promises improved growth this fiscal, reports Team IFM Jakarta, May 15: Indonesia, which has consistently been among the top performers in the global growth rankings in recent years, seems to have brushed off first quarter blues to start the April-June period on a strong note, an...
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Economy

Working class hit the most by Japan’s tax hike

International Finance Desk
by International Finance Desk
Government survey shows while sentiments are down following April’s sales levy increases, analysts say the gloom could be fleeting, reports Team IFM Tokyo, May 14: The section of Japanese society most susceptible to economic fluctuations – people such as taxi and truck drivers, department store sales staff and restaurant and shop owners – are downbeat...
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