Indian growth rate of eight core sector industries declined to 1.8% in November, from 7.8% in the same month last year, due to drop in production of coal, natural gas and cement. The Eight core industries have a combined weight of 37.90 ...
Tags: coal, natural gas, cement, Steel, Petroleum Refinery Products
Yonhap reported that major global investment banks predicted Wednesday that China's economy will grow more than 8% in 2013, picking up from the slower growth pace this year. Goldman Sachs expected a modest recovery in the Chinese gross ...
Tags: global investment banks, China's economy, gross domestic product, China
Yonhap reported that output of South Korea's machinery industry is expected to rise 5.1% YoY to KRW 453.7 trillion (USD 424 billion) next year, with its growth likely to turn around slightly on a possible recovery in the global economy. ...
Tags: South Korea, machinery industry, global economy, industry trend
In November this year, Japan's industrial production decreased 1.7% from the previous month, showing a month on month decrease after two months of upward movement, while a decrease of 5.8% was recorded compared to November of the previous ...
Tags: Japan, industrial production, Japan economy, iron, steel
According to experts interviewed by Gulf News, the UAE economy is expected to grow at a rate between 3.25% to 5% in 2013 in a world still grappling with economic and financial challenges. And much of that growth is a result of government ...
Tags: UAE economy, inflation, UAE, finance
Business Standard reported that amid the disappointing macroeconomic numbers,the HSBC Purchasing Managers'Index(PMI)for the manufacturing sector in India might give some cheer to policy makers. It rose to a six-month high in December,at ...
Tags: HSBC, PMI, India, manufacturing
Ukrainian Prime Minister Mykola Azarov said Thursday that the country will aim for an economic growth of over 3.5 percent in 2013,compared with 1 percent in 2012,according to Xinhua.The prime minister made the forecast on the country's ...
Tags: Macroeconomic, Indicators, Crafts
PTI cited the UK based bank RBS as saying that the Indian economy is likely to grow at 6.3% next year largely due to favorable base effect, while inflation is expected to drop to a comfortable 5.4% level in FY14. RBS Research said that ...
Tags: Indian economy, avorable base effect, inflation, RBS Research
Dr Ishrat Husain former governor of State Bank of Pakistan said that bad governance is the root cause of all economic ills. Dr Husain at a seminar on Pakistan Economic Outlook 2013 & Beyond organized by the Institute of Chartered ...
Tags: economic outlook, economic, sustainable economic growth
China’s ministry of commerce said that foreign direct investment in China fell 5.4% from a year earlier in November, widening from October's drop of 0.24%. The total value of overseas investment stood at USD 8.29 billion, the sixth ...
Tags: China FDI, overseas investment, manufacturing sector, service sector
According to the country's Ministry of Economic Affairs,Taiwan's industrial production index in November this year climbed by 5.85 percent as compared to November 2011,after rising by a revised 4.8 percent year on year in October,and was ...
In the construction sector,seasonally adjusted production fell by 1.6%in the euro area(EA17),while it rose by 1.6%in the EU27 in October 2012,compared with the previous month,according to first estimates released by Eurostat,the statistical ...
Tags: macroeconomic indicators, Euro area, production in construction
Xinhua reported that Chinese authorities vowed Sunday to focus on quality and efficiency of economic growth in 2013, demonstrating their determination to ensure sustainable and healthy economic development after the previous pursuit of ...
Tags: economic growth, economic policies, central economic work conference
Standard&Poor's Ratings Services today affirmed its'BBB-/A-3'long and short term foreign and local currency sovereign credit ratings on the Republic of Azerbaijan.The outlook is stable. The transfer and convertibility assessment remains ...
Tags: Standard&Poor, currency, credit ratings, Macroeconomic Indicators
Financial Express cited Mr C Rangarajan Prime Minister's Economic Advisory Council chairman as saying that the economy is expected to grow at 5.5% to 6% in the current fiscal and the next year will see a better rate of expansion. Mr ...