CENTRAL banks loaded up on the Australian dollar in the first quarter, just before the currency began a steep descent that would see it touch its lowest level in nearly three years, data from the International Monetary Fund shows. The ...
Tags: Service, economy, Central Banks
The Aussie fell after the central bank left the door open for more interest rate cuts and forecast the currency might fall further as commodity prices slide. The minutes of the Reserve Bank of Australia's policy meeting on June 4 showed ...
Global 2013/14 cotton mill use is forecast at 110.4 million bales, up 2 percent from 2012/13, reflecting a favorable world economic outlook. The World Economic Outlook of the International Monetary Fund (IMF) forecasts global economic ...
Tags: Cotton Consumption, Textile
According to the report published in Beijing, global financial risk is abating and financial conditions have been improved. You can see the capitals' return to Asia and pickup of economic activities. The report showed that global ...
Tags: IMF, Economic Conditions
THE Australian market has opened higher, with gains in all sectors but retail. RBS Morgans private client adviser Bill Bishop said the market was off to a promising start considering it had only received modest overseas leads. "Here, we ...
Tags: economy
International Monetary Fund (IMF) predicted in the latest World Economic Outlook the global economy's growth would fall down to 3.3%, reducing by 0.2% than the prediction of January; global economy in 2014 would grow by 4%, remaining the ...
Tags: IMF, Global Economy's Growth
The African Development Bank Group this week announced the launch of what it calls an open data platform in 20 African countries. The move comes as part of the group’s Africa Information Highway initiative, which is aimed at ...
Tags: data platform, data management, African Bank
Egypt plans to increase sales taxes on six goods to raise state revenues by around EGP13bn (roughly $2bn), in a bid to curb the budget deficit to meet International Monetary Fund (IMF) preconditions for a $4.8bn loan, Ahram has reported. ...
Tags: Egypt, Sales Tax, State Revenues
The relentless rise in raw materials costs, which has been hitting European coatings producers over the last 2-3 years, has at last been easing. But the relief from the constant pressure of rising input prices may be short lived. The ...
Tags: raw materials costs, European coatings producers, input prices
Reuters reports that Iraq cut its gold holdings by a quarter in November. Data from the International Monetary Fund (IMF) showed that the country’s stocks fell to 29.9 tonnes.
Tags: Iraq, Gold Holdings, Quarter
According to the related information, the preliminary accounting results of GDP in 2012 are as follows: Preliminary Accounting Results of GDP in 2012 The Q/Q Growth Rate on GDP Annotations: Quarterly GDP Accounting ...
Tags: GDP, Gross Domestic Product, final products
In accordance with the accounting procedures of the gross domestic product (GDP), according to the 2011 Statistical Yearbook and departmental accounting, financial accounts data, on the basis of the preliminary verification, the NBS made ...
Tags: China, GDP, bulletin, National Bureau of Statistics of China
According to a recent Dubai Chamber of Commerce and Industry study, after going through a slowdown during the global financial crisis in 2008 and with the current recovery in GCC economies, the UAE construction industry is projected to ...
Tags: construction industry, construction, residential property
A government source said that Turkey has immunized its USD 2 billion loan to Egypt against variables such as a court ruling. The loan agreement also requires the Egyptian government to involve Turkish companies in public sector ...
Tags: Turkey, Egypt, public sector investment, court ruling
A new survey by The Economist Intelligence Unit finds when institutional investors interested in frontier markets were asked to choose two regions out of five, two-thirds see Africa as holding the greatest opportunity. Asia came ...
Tags: Africa, institutional investors, institutional investment