BANGKOK – Thailand’s economy may grow less than the 3.5 to 4.5% forecast this year due to the impact of the Ukraine crisis on tourism, trade and consumption, its finance …
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By Kantaro Komiya TOKYO – Japan’s economy expanded more than initially expected in the final quarter of 2021, but rising input prices likely kept wholesale inflation near a record in …
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LONDON – JPMorgan said on Thursday it expected Russia’s economy to contract 35% in the second quarter and 7% in 2022 with the economy suffering an economic output decline comparable …
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By Wayne Cole SYDNEY – Australia’s trade performance last quarter was much less of a drag on the economy than first thought implying upside risk for growth, even as imports …
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By Lucia Mutikani WASHINGTON -U.S. wholesale inventories rose slightly more than initially estimated in December as motor vehicle stocks increased by the most in 10 years, offering hope that supply …
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NEW YORK – Goldman Sachs cut its GDP forecast in 2022 to 3.2% from a consensus 3.8% as U.S. growth is likely to slow abruptly early in the year as …
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WASHINGTON – U.S. President Joe Biden welcomed the strong GDP growth figure released on Thursday, saying his economic plan is working and urging Congress to pass legislation to make the …
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By Jeanny Kao and Meg Shen TAIPEI -Taiwan’s economy grew last year at its fastest pace in more than a decade, driven by strong tech exports during the COVID-19 pandemic …
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PARIS – French Finance Minister Bruno Le Maire told France Info radio on Monday that he was sticking to his forecast of French economic growth of 4% in 2022, despite …
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TOKYO – Japan is drafting an economic growth measure taking climate action into account and aims to release a preliminary estimate by the end of March, economy minister Daishiro Yamagiwa …
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JAKARTA – Indonesia’s annual economic growth in the fourth quarter is seen around 5%, which will take last year’s growth to 4%, finance minister, Sri Mulyani Indrawati, told a parliamentary …
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By Kevin Yao BEIJING – China’s economy likely grew at the slowest pace in 1-1/2 years in the fourth quarter, dragged by weaker demand due to a property downturn, curbs …
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PARIS – France’s stronger than expected economic recovery last year means the public sector budget deficit should come in better than planned, the budget minister said in an interview published …
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LIMA – Peru reported on Thursday that its tax revenue as a share of gross domestic product reached 16.1% in 2021, the highest level in seven years, driven by a …
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TOKYO – Japan upgraded on Thursday its growth projections for the next fiscal year starting in April, saying it expected gross domestic product (GDP) to hit a record even amid …
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TOKYO – Japan intends to raise its forecast for fiscal 2022 real gross domestic product (GDP) growth to 3.2%, the Jiji news agency reported. The projection would be an upgrade …
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– Goldman Sachs trimmed its quarterly GDP forecasts for 2022, after U.S. Senator Joe Manchin withdrew his support to U.S. President Joe Biden’s $1.75 trillion domestic investment bill. Manchin, a …
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BEIJING – China has revised its 2020 gross domestic product (GDP) growth to 2.2% year on year, down from 2.3% previously, according to a notice from the National Bureau of …
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LONDON – JPMorgan raised its forecast for fourth quarter and full year 2022 China GDP on Wednesday, following November data confirming some positive trends from numbers in October. The bank …
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BRUSSELS – Household consumption was the main driver of euro zone economic growth in the third quarter, the European Union’s statistics office data showed on Tuesday, with a further positive …
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LONDON – China, widely seen as an exporter of disinflation for the past two decades, is likely to drive higher inflation in coming years, the chief investment officer of Neuberger …
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LONDON – U.S. inflation and economic growth are likely to come in at around 4% next year, suggesting inflation will remain higher than anticipated, Wells Fargo’s Wealth & Investment Management …
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By Gavin Jones ROME, Dec 3 – The Italian economy will grow by 6.3% this year, national statistics bureau ISTAT said on Friday, revising up a previous projection of 4.7% …
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By Kantaro Komiya TOKYO – Japan’s economy likely contracted at a faster-than-expected pace in the July-September quarter, a Reuters poll showed on Friday, as capital spending stalled among companies hit …
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By Jesús Aguado and Emma Pinedo MADRID – The Spanish economy could be hit by supply bottlenecks, rising inflation and a surge of COVID-19 in Europe, prompting a slight downward …