Hong Kong Q4 GDP expands 4.3% y/y, slower than forecast
HONG KONG (Reuters) – Hong Kong’s economic growth accelerated in the fourth quarter to 4.3% from a year earlier, official advance estimates showed on Wednesday, with inbound tourism and private consumption remaining…
South Korea’s economy likely grew at slightly slower pace in Q4: Reuters poll
By Veronica Dudei Maia Khongwir BENGALURU (Reuters) – South Korea’s economy expanded at a slightly slower pace in the final three months of 2023 compared to Q3 as elevated interest rates held…
South Korea Dec exports up for third month but at slower pace
By Cynthia Kim SEOUL (Reuters) – South Korea’s exports rose for a third month in December but at a slower pace as weaker demand for Korean goods in China offset robust global…
India’s FY25 steel demand to be slower as elections loom – analysts, officials
By Neha Arora NEW DELHI (Reuters) – India’s steel demand will likely slow in the next financial year beginning March as a mammoth general election will delay government projects and infrastructure spending,…
Japan Q3 GDP seen contracting at slower pace on capex: Reuters poll
TOKYO (Reuters) – Japan’s economy likely shrank slightly less than initially estimated in July-September, reflecting an expected upward revision in private sector capital investment, a Reuters poll showed on Tuesday. Revised real…
Short supply of homes to push global property prices higher at slower pace: Reuters poll
By Hari Kishan BENGALURU (Reuters) – Global property prices in most major markets will rise over the next two years, albeit at a slightly slower pace than predicted three months ago as…
Fed’s Bostic sees slower growth, falling inflation pressures
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 ease on…
South Korea’s Nov exports to rise for second month but at slower pace : Reuters Poll
By Jihoon Lee SEOUL (Reuters) – South Korea’s exports likely rose for a second month in November but at a slower pace amid uncertainty over the global growth outlook, a Reuters survey…
Canada’s Ivey PMI shows activity expanding at slower pace in September
TORONTO (Reuters) – Canadian economic activity expanded at a slower pace in September as a measure of employment climbed to its highest level in six months, Ivey Purchasing Managers Index (PMI) data…
Tesla’s German plant lowers production target amid slower output – Business Insider
BERLIN (Reuters) – Tesla lowered the production target of its German plant to 4,350 a week in July and August after hitting 5,000 a week in March, and plans to reduce it…
Japan’s factory activity shrinks at slower pace in Aug – PMI
TOKYO (Reuters) – Japan’s factory activity shrank for a third straight month in August amid higher oil prices and uncertainty over the global economic outlook, although the pace of decline slowed, a…
Slower growth ahead for Australia as population ages
By Lewis Jackson SYDNEY (Reuters) – Australia’s economy is projected to grow more slowly over the next 40 years as an aging population and slower population growth shrink the workforce, according to…
Thai inflation slower than expected in July, small rises seen
By Orathai Sriring and Kitiphong Thaichareon BANGKOK (Reuters) – Thailand’s annual headline inflation was weaker than expected in July, helped by lower food and energy prices, and the commerce ministry said on…
Oil to drift lower as slower growth offsets OPEC+ cuts: Reuters poll
By Rahul Paswan (Reuters) – Oil prices will stall this year as weak economic growth is expected to curb demand and offset the impact of OPEC+ production cuts on supply, a Reuters…
Capgemini’s slower sales hit shares, to invest 2 billion euros in AI
By Lina Golovnya and Stephanie Hamel (Reuters) -French IT consulting group Capgemini posted weaker quarterly growth due to a slowdown across its regions, marked by a softer-than-expected U.S. market as clients cut…
NY Fed data shows underlying inflation may be slower than thought
By Howard Schneider WASHINGTON (Reuters) – New data from the New York Federal Reserve shows underlying inflation may have slowed faster than the headline measures that have kept U.S. central bank officials…
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…
Canada’s Ivey PMI shows activity expanding at slower pace in April
TORONTO (Reuters) – Canadian economic activity expanded at a slower pace in April as growth in employment slipped and inventories declined, Ivey Purchasing Managers Index (PMI) data showed on Thursday. The seasonally…
Slower sales at debt-laden French retailer Casino sink shares
By Dominique Vidalon PARIS (Reuters) – Heavily-indebted French retailer Casino said on Thursday sales growth slowed in the first quarter, fuelling further concerns over its ability to generate cash and sending its…
Japan’s factory activity contracts at slower pace in April – PMI
TOKYO (Reuters) – Japan’s factory activity contracted for the sixth straight month in April, but the details of a private survey released on Monday showed the manufacturing sector was edging towards stabilisation…
Gulf economies to grow at much slower pace in 2023 on lower oil revenues- Reuters poll
By Anant Chandak BENGALURU (Reuters) – Gulf Cooperation Council (GCC) economies will grow at a much slower pace in 2023 than last year as expectations for muted gains in crude prices and…
ALFREDO ORTIZ: Once Again, Wages Are Rising Slower Than Inflation
ALFREDO ORTIZ: Once Again, Wages Are Rising Slower Than Inflation Alfredo Ortiz on April 7, 2023 It’s Bad Friday for American workers, as today’s jobs report reveals the labor market is finally…
Japan February real wages fall for eleventh month but at slower pace
TOKYO (Reuters) – Japan’s real wages fell in February for an eleventh month, labour ministry data showed on Friday, although the rate of the decrease slowed thanks to government energy subsidies aimed…
U.S. retail sales to grow at slower pace in 2023 – NRF
(Reuters) -Retail sales in the United States are expected to grow at a slower pace this year, the National Retail Federation (NRF) said on Wednesday, as fears of a recession and tremors…
China’s factory activity likely expanded at a slower pace in March – Reuters poll
BEIJING (Reuters) – China’s factory activity likely grew at a slower pace in March, a Reuters poll showed on Wednesday, suggesting the economic recovery is uneven in the light of weak global…
China battery giant CATL reports slower Q4 profit growth
SHANGHAI (Reuters) – Chinese battery giant CATL posted sharply slower growth in fourth quarter net profit, after COVID-19 outbreaks and consumer caution hit electric vehicle (EV) demand in the world’s largest auto…
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