gdp
Top StoriesDollar Higher as US Economic Growth Accelerates
Top StoriesStocks Advance, but Heavy Data Week Keeps Investors Wary
Top StoriesUK Businesses Stuck in Reverse in October, Surveys Show
Top StoriesRed October Rumbles on as U.S. Bond Yields Touch 5%
Italy Unveils Tax-Cutting 2024 Budget Amid Debt Worries
Date: October 16, 2023
Italy unveils tax-cutting 2024 budget amid debt worries By Giuseppe Fonte and Gavin Jones ROME (Reuters) -Italy’s government on Monday approved a budget for next year with measures worth around 24 billion euros ($25.3 billion) in tax cuts and increased spending, despite market concerns over the country’s strained public finances. Under the scheme, Italy will...
Singapore Q3 GDP up 0.7% Y/y
Date: October 13, 2023
Singapore Q3 GDP up 0.7% y/y SINGAPORE (Reuters) – Singapore’s economy grew faster than expected in the third quarter, preliminary government data showed on Friday. Gross domestic product (GDP) was up 0.7% in the July to September period on a year-on-year basis, according to advance estimates from the trade ministry. Economists polled by Reuters had...
IMF Says Global Economy ‘limping Along’, Cuts Growth Forecast for China, Euro Zone
Date: October 10, 2023
IMF says global economy ‘limping along’, cuts growth forecast for China, euro zone By Andrea Shalal MARRAKECH, Morocco (Reuters) -The International Monetary Fund on Tuesday cut its growth forecasts for China and the euro zone and said overall global growth remained low and uneven despite what it called the “remarkable strength” of the U.S. economy....
Ireland Lays Out Plans for 100 Billion Euro Sovereign Wealth Fund
Date: October 10, 2023
Ireland lays out plans for 100 billion euro sovereign wealth fund By Padraic Halpin and Graham Fahy DUBLIN (Reuters) -Ireland laid out plans in Tuesday’s budget to turn some of the healthiest public finances in Europe into a 100 billion euro ($106 billion) sovereign wealth fund, while also announcing a raft of measures to ease...
Bank of England Warns That Some Global Asset Valuations Appear Stretched
Date: October 10, 2023
Bank of England warns that some global asset valuations appear stretched By David Milliken and Huw Jones LONDON (Reuters) -The Bank of England said on Tuesday that valuations for some financial assets may be too high, particularly for U.S. tech stocks and dollar-denominated corporate bonds. “The overall risk environment continues to be challenging and near-term...
Imperative for Italy to Control Public Spending, Economy Minister Says
Date: October 10, 2023
Imperative for Italy to control public spending, economy minister says By Giuseppe Fonte ROME (Reuters) – Italy’s economy minister said on Tuesday strict control of public spending was essential as the European Union prepares to restore tough fiscal rules next year that have been suspended since 2020 due to the COVID-19 pandemic. EU governments are...