International

Japan's October GDP Shrinks 0.1 Percent on Weak Consumption

Japan's economy contracted an annualized 0.1% in October from the previous month, reflecting declines in private consumption and goods exports, according to an estimate released by the Japan Center for Economic Research on Wednesday December 11.

International

ECB Financial Stability Review Warns of Debt Crisis

Financial stability reviews seldom make the headlines, unless the message is a stark one.

International

UK Economy to Grow Faster than Japan, Italy and Germany This Year, says OECD

The global economy is “turning a corner”, according to the Organisation for Economic Cooperation and Development, which has upgraded the UK’s growth forecast for this year to faster than that of Japan, Italy and Germany.

International

China's Central Bank Unveils Most Aggressive Stimulus Since Pandemic

On Tuesday, China's central bank unveiled its biggest stimulus since the pandemic: to pull the economy out of its deflationary funk and back towards the government's growth target.

International

Bloomberg: China's Macro Figures for August are Unsettling

China's August economic activity data released on Saturday signaled a continued weakening and was alarming.

International

India’s GDP Growth to Pick Up on Improving Outlook for Private Consumption, Fixed Investments

India’s real GDP growth moderated in the first quarter of 2024-25 as capital formation slowed down even as growth in private consumption, the largest component of GDP, picked up to its highest in seven quarters.

International

OPEC+ Sees No Peak Oil Demand Long Term, Secretary General Says

OPEC+ members are cutting output by a total of 5.86 million bpd, or about 5.7% of global demand.

International

The Fastest Declining Economies in the World in 2024

The global economy is experiencing critical economic challenges as growth is projected to slow to 2.6% in 2024 which is just above the recession threshold of 2.5%.

International

IMF Raises India’s 2025 GDP Growth Forecast by 30 bps to 6.8 Percent

The International Monetary Fund on April 16 raised India’s FY25 GDP growth forecast by 30 bps to 6.8%.

International

India & China Inflation Readings are Worlds Apart, India is Playing Catch-up after Covid: Moody's Analytics

Retail inflation outlook for Asia's two largest economies India and China is uncertain and currently 'worlds apart,' Moody's Analytics said in a report on Friday.

International

What's behind China's Gold-buying Spree?

For more than a year, China's central bank has been buying up large amounts of gold.

International

Japan’s $4 Trillion Offshore Funds Will Ignore First BoJ Hike

Japanese money is poised to stay offshore as the central bank creeps toward tighter policy, according to the latest Bloomberg Markets Live Pulse survey.

International

Philippines 2023 GDP Rises 5.6% YoY, Est. +5.5%

The news about the Philippines' 2023 healthy GDP growth despite numerous natural disasters and other challenges in the previous year, could potentially boost the country's stock market by creating a positive economic environment and attracting foreign investors.

International

Brazil Set to Join the Influential OPEC+ Oil Producers' Alliance

According to Brazilian Energy Minister Alexandre Silveira, Brazil will join the influential OPEC+ oil coalition that unites some of the biggest crude-producing nations in the world.