Growth

BANGKOK (Reuters) – Thailand’s economy is expected to grow 2.5% to 3.0% this year, unchanged from a previous forecast, a leading joint business group said on Wednesday. Tourism revenue will …

By Nupur Anand NEW YORK (Reuters) – PNC Financial Services CEO William Demchak on Tuesday said that the market disruptions caused by the Basel III endgame proposal is an opportunity …

By Shaloo Shrivastava BENGALURU (Reuters) – India’s dominant services sector stayed strong in November but expanded at its slowest pace in a year as demand softened despite cooling inflationary pressures, …

By Wayne Cole SYDNEY (Reuters) – Australia’s current account slid into deficit in the September quarter as prices for some commodity exports fell and locals spent more money abroad, leaving …

(Reuters) – Activity in Russia’s manufacturing sector grew at the same pace in November as in October, even as new export orders contracted for the first time since July, a …

By Satoshi Sugiyama TOKYO (Reuters) – Core consumer inflation in Japan’s capital Tokyo likely grew in November but at slower pace than the month before, a Reuters poll of economists …

By Anant Chandak BENGALURU (Reuters) – India’s manufacturing growth accelerated last month after a recent blip, supported by robust demand, according to a private survey that also showed input costs …

By Michael S. Derby NEW YORK (Reuters) – Federal Reserve Bank of Atlanta President Raphael Bostic said on Wednesday he expects U.S. growth to slow and inflation to continue to …

By Alexander Marrow and Darya Korsunskaya MOSCOW (Reuters) – Russia’s industrial output growth slowed in October as the unemployment rate dropped to a record low 2.9%, federal statistics showed on …

BERLIN (Reuters) – The German economy is projected to grow by 0.6% in 2024 and 1.2% in 2025, after contracting slightly in 2023, according to forecasts from the Organisation for …

By Nupur Anand NEW YORK (Reuters) – Mid-sized U.S. businesses owned by minorities have untapped revenue potential worth $1.3 trillion annually, JPMorgan Chase found in a study on a segment …

BANGKOK (Reuters) – Thailand’s previous 2023 economic growth forecast of 2.7% will be lowered after a weaker-than-expected third quarter, Deputy Finance Minister Krisada Chinavicharana said on Monday. Southeast Asia’s second-largest …

By Chijioke Ohuocha ABUJA (Reuters) -Nigeria’s economy grew by 2.54% in the third quarter, largely steady from the 2.51% in the second quarter, data showed on Friday, as the oil …

By Huw Jones and Carolyn Cohn LONDON (Reuters) – Britain’s plans for nudging billions of pounds of pension cash into new UK companies to boost growth and increase stock market …

LONDON (Reuters) – Britain’s Office for Budget Responsibility revised down its estimate of the country’s medium-term potential growth rate to 1.6% from 1.8%, as an ageing population works shorter hours …

By Kevin Yao BEIJING (Reuters) – Chinese government advisers will recommend economic growth targets for next year ranging from 4.5% to 5.5% to an annual policymakers’ meeting, as Beijing seeks …

(Reuters) – The global smartphone market returned to growth in October after more than two years of slump, helped by a recovery in the emerging markets, according to data from …

BRASILIA (Reuters) – Brazil’s Finance Ministry lowered its forecast for the country’s economic growth for this year and 2024, a report by its economic policy secretariat showed on Tuesday. The …

By Gabriel Burin and Ana Isabel Martinez BUENOS AIRES/MEXICO CITY (Reuters) – Mexican stocks will likely gain further in 2024, propelled by faster economic growth, but local markets may go …

FRANKFURT (Reuters) – Low valuations for euro zone bank stocks appear to reflect concerns about credit risk and shareholder payouts, likely weighing on future credit growth via stricter terms for …

BERLIN (Reuters) -A German court ruling that forced Berlin to freeze 60 billion euros ($65 billion) in planned green investment spending could have a negative impact on growth in Europe’s …

(Reuters) – Russia’s gross domestic product (GDP) grew 5.5% in the third quarter compared to the same period last year, when it shrunk 3.5%, the state statistics service Rosstat estimated …