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Economic Reports GDP

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  • Tankan@ TOKYO, Aug 20- Japanese business morale improved in August and it is seen likely to remain steady, a Reuters poll found, offering a hint of economic recovery and improved confidence as firms look past the second quarter's export slump and weak consumer spending. The Reuters Tankan polled 516 big and mid-sized Japanese companies between Aug. 3 and 17, of...

  • RUSSIAN CENTRAL BANK CUTS ESTIMATE OF POTENTIAL AVG GDP GROWTH RATE TO 1.5 PCT, SAYS IT WON'T BE REACHED UNTIL 2017.

  • Forbes takes aim at Fed Monday, 17 Aug 2015 | 7:54 AM ET
    Forbes takes aim at Fed

    Steve Forbes, Forbes Media chairman, shares his thoughts on how a delay in raising interest rates is hurting small business.

  • TOKYO, Aug 17- Tokyo stocks edged up on Monday after data showed Japan's economic contraction was less severe than expected, while volatility subsided across major markets as the Chinese yuan stabilized after last week's surprise devaluation. Japan's Nikkei share average gained 0.5 percent to 20,620.26 while the broader Topix rose 0.5 percent to close at...

  • Thailand Q2 GDP beat estimates, but is it enough? Sunday, 16 Aug 2015 | 10:32 PM ET
    Thailand Q2 GDP beat estimates, but is it enough?

    David Mann, chief economist, Asia at Standard Chartered and Kobsidthi Silpachai, head-capital markets research at Kasikornbank, discuss Thailand's second-quarter growth report card.

  • *Investors shy away from cyclical shares due to China risk- analysts. Last week, global markets, including Japan, were rattled after China devalued its currency. "Volatility in the market seemed to have settled for now, but in the long-term, risks that Beijing may launch another surprising action may cap further gains," said Norihiro Fujito, senior investment...

  • Taiwan stocks down on weak 2015 GDP forecast Sunday, 16 Aug 2015 | 9:57 PM ET

    TAIPEI, Aug 17- Taiwan stocks fell on Monday after the government slashed its GDP growth outlook for the year. As of 0151 GMT, the main TAIEX index fell 0.6 percent, to 8,252.68, slightly trailing a mixed performance in other regional markets. The Taiwan dollar firmed T $0.118 to T $32.250 per U.S. dollar.

  • *Yen shows muted response to Japan Q2 contraction. TOKYO, Aug 17- The dollar started the week on a firmer footing on Monday as traders looked to the prospects of a U.S. rate hike next month while the yen was little moved after data showed Japan's economy shrank in the April-June quarter. The U.S. currency is slowly recovering from the damage it suffered last week after...

  • QE isn't helping Japan: Freris Sunday, 16 Aug 2015 | 8:09 PM ET
    QE isn't helping Japan: Freris

    Two years of quantitative easing has done nothing to help Japan's economy, which contracted at an annualized pace of 1.6 percent in the second quarter, says Andrew Freris, CEO at Ecognosis Advisory.

  • TOKYO, Aug 17- Japan's economy shrank at an annualized pace of 1.6 percent in the April-June period, contracting for the first time in three quarters on weak exports and consumer spending, government data showed on Monday. The preliminary reading for gross domestic product compared with the median estimate of a 1.9 percent contraction in a Reuters poll of...

  • JERUSALEM, Aug 16- Israeli consumers took a break from spending in the second quarter, resulting in an annualized growth rate for the economy of just 0.3 percent of gross domestic product, data showed on Sunday, far weaker than expected so far in 2015.. With exports and investment struggling for more than a year and government spending limited by the lack of a 2015...

  • Euro zone GDP grows less than expected 0.3 pct in Q2 Friday, 14 Aug 2015 | 5:00 AM ET

    BRUSSELS, Aug 14- The euro zone economy grew by less than expected in the second quarter, the European Union's statistics office said in its first estimate published on Friday. Eurostat said gross domestic product in the 19- country euro area grew by 0.3 percent quarter-on-quarter in the April-June period for a 1.2 percent year-on-year rise.

  • *Economy expected to stay resilient- c.bank gov. KUALA LUMPUR, Aug 13- Malaysia's economy grew more strongly than expected in the second quarter, welcome news for embattled Prime Minister Najib Razak, but its battered currency slipped on Thursday in spite of the growth and the central bank ruling out capital controls. Analysts say one reason is reduced...

  • Malaysia Q2 GDP a beat despite oil weakness Thursday, 13 Aug 2015 | 12:35 AM ET

    Malaysia's economy grew 4.9 percent in Q2 from a year earlier, slightly above expectations despite weak commodity prices.

  • TOKYO, Aug 13- Japan's core machinery orders tumbled the most in over a year, adding to fears of an economic contraction in the second quarter as exports slumped and consumer spending slackened. The 7.9 percent fall in the key gauge of capital spending followed a recent run of soft indicators- including exports and factory output- which led analysts to forecast a...

  • WASHINGTON, Aug 11- U.S. wholesale inventories rose more than expected in June, the latest indication that the economy grew at a faster pace in the second quarter than reported last month. The Commerce Department said on Tuesday that wholesale inventories increased 0.9 percent as a rise in oil prices boosted the value of petroleum stocks. In that report, the...

  • U.S. productivity rebounds, but trend remains weak Tuesday, 11 Aug 2015 | 8:30 AM ET

    WASHINGTON, Aug 11- U.S. nonfarm productivity rebounded in the second quarter, but a weak underlying trend suggested inflation could pick up more quickly than economists have anticipated. Productivity increased at a 1.3 percent annual rate in the April-June period, the Labor Department said on Tuesday. In line with annual revisions to gross domestic product...

  • Russia's rate of decline is slowing Tuesday, 11 Aug 2015 | 4:30 AM ET
    Russia's rate of decline is slowing

    Christopher Granville, managing director at Trusted Sources, says Russia's number one goal currently is to drive inflation down.

  • Singapore narrows growth forecast on global risks Monday, 10 Aug 2015 | 10:59 PM ET

    Singapore's economy contracted in the second quarter and the government narrowed its 2015 growth forecast, citing downside risks to global growth.

  • Indonesia to Fed: Hurry up and raise rates already Monday, 10 Aug 2015 | 12:13 AM ET

    Indonesia wants the Fed to hurry up on a rate rise because the uncertainty is putting pressure on the rupiah, Indonesia's chief economics minister said.