Tag: gdp

The economy, which climbed over ¥600 trillion for the full year, was bolstered by exports and private consumption. In 2024, more than 36 million people visited the country, spending a record amount.

US tariffs may disrupt global trade flows and adversely affect Hong Kong's exports, according to the government; also the Hong Kong dollar could stay stronger for longer.

Senior execs from the government, Paytm, Standard Chartered and the IFSCA, say private capital, digital payments, and green finance are major growth drivers, yet there are risks from geopolitical instability, structural issues in job creation and income inequality.

The 3.3% rise, bolstered by exports and visitors, is in line with government estimates of full year growth of 2.5% to 3.5% GDP for the full year.

According to BNP Paribas, the Rmb might “initially react negatively”, however, the USD upside is likely to be limited by the Fed rate cut outlook.

Financial secretary Paul Chan scraps property cooling measures and sees 2.5% to 3.5% GDP growth in 2024 with underlying inflation flat at 1.7%.

With its GDP under pressure, China has set its monetary policy so that leverage will bolster the wider economy. For shadow banking it’s all good news

Analysts were surprised when US trade deficit rose to almost $50 billion. Having digested the news, many have revised lower their annual GDP estimates for the North American nation.

Malaysia's third quarter GDP stood at 5.2%, slightly below the second quarter figure. The country has surprised most analysts and economist for the good.

Japan’s economy shrank 0.9% in the third quarter of 2012. Slumped exports to China, lingering euro debt crisis and lower than expected capital expenditure have been blamed.

David Anderson, CFO of Honeywell International, forecasts less than 7% of domestic product growth for China in 2013 – a new low not seen since 1990.

Indonesian growth is the best we've seen since 1996 and the nation's finance minister predicts even stronger growth next year