Growth

By Andrea Shalal MARRAKECH, Morocco (Reuters) – Rising debt levels among “seemingly healthy” countries in Asia could drag growth in the region below currently forecast levels, World Bank Chief Economist …

By Josh Ye HONG KONG (Reuters) – China aims to boost the country’s aggregate computing power by more than 50% by 2025, according to a plan released by authorities on …

BERLIN (Reuters) – Puma Chief Executive Arne Freundt said that the sportswear company expects to return to double-digit growth in China this year, according to an interview released by the …

(Reuters) -Traders on Friday added to bets that the Federal Reserve will raise interest rates before the end of the year, and keep them high for longer next year, after …

(Reuters) – U.S. job growth surged in September, suggesting that the labor market remains strong enough for the Federal Reserve to raise interest rates this year, though wage growth is …

(Reuters) – Goldman Sachs expects economic growth in the euro area to recover to 1.25%-1.5% in 2024, more than double their forecast of about 0.5% for this year’s growth. The …

By Rachna Uppal DUBAI (Reuters) – The World Bank expects Saudi Arabia’s economy to contract by 0.9% in 2023, it said in a report on Thursday, revising its growth forecast …

GENEVA (Reuters) – The World Trade Organization halved its growth forecast for global goods trade this year, saying that persistent inflation, higher interest rates, a strained Chinese property market and …

By Joe Bavier JOHANNESBURG (Reuters) – Sub-Saharan Africa’s economic growth is expected to slow this year, dragged down by slumps in heavyweights South Africa, Nigeria and Angola, the World Bank …

GENEVA (Reuters) – The United Nations trade body called on Wednesday for global growth to be revived by reducing inequalities between countries and for top central banks to play a …

MADRID (Reuters) – Spanish services sector activity expanded slightly in September after a dip in August, with new business holding steady and companies still taking on staff, a survey showed …

BANGKOK (Reuters) – Thailand’s economy is expected to grow between 2.5% and 3.0% this year, a leading joint business group said on Wednesday, maintaining its previous estimate. Exports, a key …

DUBAI (Reuters) – Non-oil business activity in the United Arab Emirates expanded at a faster rate in September than the previous month, a survey showed on Wednesday, as new orders …

TOKYO (Reuters) – Japan’s service activity in September expanded for the 13th month but at the slowest pace since the start of the year, a private survey showed, a worrying …

By David Lawder WASHINGTON (Reuters) – The International Monetary Fund on Tuesday significantly raised its 2023 growth forecast for Mexico to 3.2% from a 2.6% forecast issued in July, citing …

By Uditha Jayasinghe COLOMBO (Reuters) – Sri Lanka’s central bank is expected to resume interest rate cuts on Thursday as it attempts to bolster a recovery from its worst economic …

BENGALURU (Reuters) – India’s factory activity expanded at the slowest pace in five months in September but remained solid, with strong demand driving business confidence to its highest level this …

BEIJING (Reuters) – The World Bank has maintained its forecast for China’s 2023 economic growth at 5.1%, in line with its previous estimate in April, but trimmed its prediction for …

WASHINGTON (Reuters) -The International Monetary Fund said on Thursday it sees some signs of stabilization in China’s economy from recent data, but believes the country can accelerate growth over the …

By Pete Schroeder WASHINGTON (Reuters) -The leadership of Silicon Valley Bank and its government supervisors failed to quickly recognize risks looming in the firm before its March failure, according to …

(Reuters) – Marriott International on Wednesday forecast two-year annualized global revenue per available room (RevPAR) growth of 3% to 6% by 2025, as the hotel operator expects resilient international travel …

BERLIN (Reuters) – Germany’s economy will grow more slowly than previously expected next year due to a lack of positive momentum towards the end of this year, the IMK institute …

By Howard Schneider WASHINGTON (Reuters) – The U.S. Federal Reserve system is cutting about 300 people from its payroll this year, a small but rare reduction in headcount across an …