Economists estimate that when Japan reports its December quarter GDP on Feb 15, it will show that the economy probably grew at the fastest pace since the first quarter of 2008, up 3.6%, as a
India’s stock market fell about 1.5% today after the nation’s agriculture minister said farm output may decline because of low monsoon rains. The monsoon season, which brings about three-quarters of India’s annual rainfall, may be the driest in seven years, according to India Read more...
South Africa's recession extends
August 18, 2009
South Africa’s first economic recession in 17 years extended into the second quarter as manufacturing production slumped, making it difficult for President Jacob Zuma to meet his jobs and spending targets, according to Bloomberg News. Gross domestic product fell an annualized 3 percent from th Read more...
France, Germany, Hong Kong emerge from recession
August 13, 2009
Today, in-step with France and Germany, Hong Kong is also expected to emerge from its worst recession as recovery in mainland China gives a boast to exports. Hong Kong’s GDP is expected to rise 1.2% for the second quarter. The Hang Seng Index, which is the stock market benchmark, has g Read more...
India’s stock market fell about 1.5% today after the nation’s agriculture minister said farm output may decline because of low monsoon rains. The monsoon season, which brings about three-quarters of India’s annual rainfall, may be the driest in seven years, according to India