Baltimore sees first population growth in a decade, aided by sanctuary policies, immigration
BALTIMORE, MD — Baltimore’s population has increased for the first time since 2014, according to new estimates released by the U.S. Census Bureau. The city’s population grew from 565,271 in 2023 to…
Goldman Sachs cuts China growth forecast as property slowdown bites
SINGAPORE (Reuters) – Goldman Sachs analysts have cut forecasts for China’s economic growth, citing persistently weak confidence and the cloud over the property market as stronger-than-expected headwinds. The U.S. investment bank lowered…
IMF sees Honduran economic growth slowing to about 3% in 2023
TEGUCIGALPA (Reuters) – Honduran economic growth is seen slowing to about 3% in 2023, the International Monetary Fund (IMF) estimated in a statement issued on Friday, pointing to fewer remittances and pressures…
China’s cabinet pledges to roll out more measures to spur growth
By Joe Cash BEIJING (Reuters) -China’s cabinet met on Friday to discuss measures to spur growth in the economy, state media reported, pledging to roll out policy steps in a timely way…
China’s Jan-May fiscal revenue growth quickens
BEIJING (Reuters) – China’s fiscal revenues grew 14.9% in the first five months from a year earlier, quickening from a 11.9% rise in the first four months, data from the finance ministry…
BofA Global Research cuts 2023 China growth forecast after weak May data
(Corrects story identifier, also widens distribution) (Reuters) -BofA Global Research on Friday trimmed its China economic growth forecast for 2023, becoming the second Wall Street bank to revise forecast after the country’s…
French growth seen fragile through 2023, inflation slowing – INSEE
PARIS (Reuters) – The French economy will grow 0.1% in the second quarter of the year, the INSEE statistics agency said, revising down an earlier forecast of 0.2% due to weak household…
J.P.Morgan cuts China’s full year growth forecast after poor May data
(Reuters) – J.P.Morgan trimmed China’s economic growth forecast for 2023 after the country’s May industrial output and retail sales growth missed forecasts. Economists led by Haibin Zhu said on Thursday they now…
Germany’s photovoltaic system demand set for double-digit growth this year, lobby says
BERLIN (Reuters) – German demand for photovoltaic power systems is expected to grow at a double-digit rate this year with solar storage system installations by mid-year topping 2022’s total, the BSW solar…
China’s central bank upbeat on Q2 GDP growth, confident on 2023 targets
BEIJING (Reuters) -China’s economic growth is expected to be “relatively high” in the second quarter compared to the prior year, mainly due a low base of comparison, while consumer inflation is projected…
Biden Wants To Give Power Over Defense Contracts To Climate Activist ‘Cabal’ Bent On Curtailing Economic Growth
Biden Wants To Give Power Over Defense Contracts To Climate Activist ‘Cabal’ Bent On Curtailing Economic Growth Micaela Burrow on June 6, 2023 The Biden White House is pushing to give veto…
Irish domestic economy returns to growth in first quarter
DUBLIN (Reuters) – Ireland’s domestic economy returned to growth in the first three months of the year after a shallow recession, data showed on Friday, and the finance minister said momentum was…
Japan’s Q1 GDP growth seen revised up on strong capex: Reuters poll
By Kantaro Komiya TOKYO (Reuters) – Japan’s economy likely grew more than initially estimated in the first three months of this year, thanks to solid investments by manufacturers, a Reuters poll showed.…
Investment more than consumption leading India’s economic growth – economists
By Ira Dugal MUMBAI (Reuters) – A surge in investments that offset sluggish consumption to boost India’s growth in 2022-23 is expected to power the economy in the current financial year as…
S&P sees weaker 2023 growth in key African economies as tailwinds fade
JOHANNESBURG (Reuters) – Economic growth in key Sub-Saharan African economies will slow this year as weaker global growth makes the backdrop less favourable and high interest rates deter investment, ratings agency S&P…
French finance minister sticks to 1% growth outlook despite risks
PARIS (Reuters) – French Finance Minister Bruno Le Maire said on Wednesday he was sticking to a forecast of 1% economic growth this year despite numerous risks to the outlook while a…
BOJ may hike rates if sustained wage growth looks likely-government panellist
By Leika Kihara and Takahiko Wada TOKYO (Reuters) – The Bank of Japan (BOJ) may raise short-term interest rates early next year if sustained wage growth becomes a real prospect, Tsutomu Watanabe,…
Uganda says 2023/24 GDP growth to reach 6%
KAMPALA (Reuters) – Uganda’s economy will expand by 6% in the next fiscal year that starts in July, an increase from a projected growth of 5.5% this year, boosted by petroleum industry-related…
China new home prices growth to narrow in 2023: Reuters poll
By Liangping Gao and Ryan Woo BEIJING (Reuters) – China’s new home prices will see a slower growth this year, according to a Reuters poll, suggesting pent-up demand after the country’s economic…
Low growth, high inflation are top risks for India, say economists: Reuters poll
By Vivek Mishra and Shaloo Shrivastava BENGALURU (Reuters) – India’s economy will grow about 6% this fiscal year with a small increase in private investment, according to a Reuters poll of economists…
Nigeria GDP growth slows ahead of interest rate announcement
By Chijioke Ohuocha ABUJA (Reuters) – Nigeria’s annual economic growth rate slowed to 2.3% in the first quarter, data showed on Wednesday, hurt by a government plan to swap old banknotes for…
IMF sees slower Dominican Republic growth at 4% in 2023
MEXICO CITY (Reuters) – The Dominican Republic’s economy is expected to grow around 4% in 2023, the IMF said on Monday, slowing from the 4.9% rise in 2022. The economy is “one…
China’s fiscal revenue growth quickens as economy recovers
BEIJING (Reuters) – China’s fiscal revenue rose 11.9% in the first four months of 2023 from the same period a year earlier, accelerating sharply from a 0.5% rise in January-March, official data…
Jordan must accelerate reforms to drive faster growth -IMF
By Suleiman Al-Khalidi AMMAN (Reuters) – The International Monetary Fund said on Wednesday Jordan needed to accelerate structural economic reforms to push growth beyond the average 2% to 3% it has struck…
BlackBerry expects up to 54% revenue growth in 2026, shares rise
(Reuters) – BlackBerry Ltd on Wednesday forecast as much as 54% jump in 2026 sales from current year on the back of growth in its cybersecurity business, sending shares up 5%. The…
Buffett-backed Nubank reports record revenue on steady user growth
(Reuters) – Brazil’s Nubank on Monday reported record revenue for the first-quarter as the digital bank benefited from steady growth in users and higher average revenue per customer. Warren Buffett-backed Nubank has…
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