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BEIJING: China’s official factory and services gauges pulled back from multi-year highs, dimming the outlook for the sustainability of the past two quarters’ acceleration in economic growth.
LONDON: With optimism building that the United States is already recovering smartly from another horrible start to the year, focus will shift this week to reports that may show the euro zone is finally shaking off half a decade of torpor.
SINGAPORE: Singapore’s central bank is reviewing its 1.5%-2.5% economic growth forecast for this year and isn’t ruling out off-cycle monetary easing as the US-China trade war roils the export-dependent economy, its chief Ravi Menon said.
BANGKOK: Thailand’s central bank left its benchmark rate where it has been since December, as expected, saying policy is accommodative enough to aid a slowing economy as global and domestic uncertainties remain high.
SYDNEY: Asian shares scaled a fresh decade peak on Wednesday thanks to surging markets in Europe and America, as strong global growth and rising corporate profits lured hordes of investors into equities
BEVERLY HILLS: U.S. Treasury Secretary Steven Mnuchin said on Monday that economic growth of three percent is achievable in the next two years as the Trump administration sets out to dramatically cut taxes
SEOUL: South Korea's central bank said the fiscal health of the country's household sector has worsened slightly as debt growth outpaced income growth in the second half of the year.
WASHINGTON: U.S. employers hired the fewest workers in nearly three years in December, but the setback was likely to be temporary amid signs that unusually cold weather may have had an impact.