Despite a sharp decline in oil prices, the world economic outlook is subdued, weighed down by underlying weakness elsewhere, says the International Monetary Fund (IMF) in its latest update to the World Economic Outlook (WEO). Compared ...
Tags: oil prices, world economic outlook, Textile
Singapore escaped a technical recession after the economy grew in the fourth quarter thanks to a boost from services, government data showed yesterday, but prospects for 2013 remain gloomy. The Ministry of Trade and Industry said that ...
Tags: Singapore, technical recession, GDP
Bloomberg reported that aluminum buyers in Japan are set to secure the first fee reduction in a year from suppliers as the economy sinks into a recession. The executives said that premiums for the three months starting in January may drop ...
Tags: aluminum buyer, aluminum, Japan aluminum, fee reduction