International Economy / Markets Articles
Trudeau's Election Signals Opportunity for Infrastructure Contractors
Winning a decisive majority of the vote, 44-year-old Justin Trudeau became Canada's second-youngest prime minister Oct. 22, ending nearly a decade of Conservative Party rule and signaling transformation for the equipment industry and the economy.
October 26, 2015 – AED News
Skeptics Suggest China's Slump Deeper Than Acknowledged
China's official data show economic growth slowing, but skeptics say the downturn is much deeper than Beijing admits.
October 20, 2015 – Manufacturing.net
Japan Economy Shrinks in Second Quarter in Setback for 'Abenomics'
Japan's economy shrank at an annualized pace of 1.6 percent in April-June as exports slumped and consumers cut back spending, adding pressure on Prime Minister Shinzo Abe to step up his policy drive to lift the economy out of decades of deflation.
August 17, 2015 – Fox Business
Peru economy beats expectations with 3.87 pct growth in June
Peru's economy grew by a faster-than-expected 3.87 percent in June from a year earlier, a strong uptick from May and one of the fastest monthly expansions of the past year, state statistics agency Inei said on Friday.
August 14, 2015 – Reuters
German Economy Expands Less Than Forecast as Global Risks Loom
Germany's economy expanded less than forecast last quarter as turmoil in Greece and a slowdown in China sapped global demand.
August 14, 2015 – Bloomberg
Russian economy decline slows, but recovery elusive
The sharp decline in Russia's economy may have almost run its course, official data showed on Tuesday, slowed by a huge devaluation of the rouble and heavy government spending on anti-crisis measures.
July 28, 2015 – Reuters
Japan's Economy Shrank Last Quarter, Top Forecaster Shinke Says
The Japanese economy likely contracted last quarter, dragged down by weak consumer spending and a slump in exports, according to a top forecaster.
July 26, 2015 – Bloomberg
German economy likely grew by around 0.3 percent in second-quarter: finance ministry
The German economy likely grew by around 0.3 percent in the second quarter, the finance ministry said on Monday, adding that the mood in corporate boardrooms remained largely optimistic despite the Greek debt crisis.
July 19, 2015 – Reuters
China's 7% second quarter growth beats expectations
Growth in the world's second largest economy, China, beat expectations in the second quarter, but it was still the weakest showing since the global financial crisis.
July 15, 2015 – BBC News
China's economy shows 'positive changes': statistics bureau
China's economy is showing some positive changes as recent government measures gradually gain traction, but policymakers cannot lower their guard against headwinds crimping growth, the National Bureau of Statistics said on Monday.
July 6, 2015 – Reuters
Canadian economy heading for recession: banks
The Canadian economy is likely headed for recession, two major banks said Thursday, predicting a successive contraction in the second quarter.
July 2, 2015 – AFP
Japan's Economy to Grind to a Halt in 2nd Quarter, JPMorgan Says
Japan's economy is slowing to a halt this quarter, JPMorgan Chase & Co. said Friday, cutting its growth estimate on a drag from trade and weaker-than-expected consumer spending.
June 26, 2015 – Bloomberg
China's economy shows little improvement in May
China's ailing economy showed few signs of improvement in May, with factory output steadying but investment growing at its slowest rate in nearly 15 years, pointing to further weakness unless Beijing ramps up its stimulus efforts
June 14, 2015 – Reuters
Eurozone unemployment rate falls to 11.1%
The eurozone's unemployment picture is improving, according to the latest data from the bloc.
June 3, 2015 – BBC News
Australia's economy strengthens, but growth challenges remain
Australia's economy was stronger-than-expected in the first quarter of the year as exports and consumer spending boosted growth, data showed Wednesday, reinforcing a decision to keep interest rates on hold after two cuts this year.
June 2, 2015 – AFP
Germany's jobless rate falls to a 24-year low
Germany's jobless rate has fallen by 6,000 to 2.78 million, as Europe's biggest economy continues to recover.
June 2, 2015 – BBC News
Construction shines bright for Manitoba's economic outlook
Manitoba's economic performance will be one of the strongest among the provinces in 2015 and 2016, according to The Conference Board of Canada's Provincial Outlook Spring 2015.
May 29, 2015 – On-Site
China's Manufacturing PMI Is the Lowest in 1 Year
China's HSBC manufacturing PMI (purchasing managers' index) fell to 48.9 in April. This is the lowest level since April 2014.
May 28, 2015 – Yahoo! Finance
Japan's economy grows faster than expected
Japan's economy grew faster than expected between January and March, boosting hopes that the economy is recovering from last year's recession.
May 20, 2015 – BBC News
Canada economy headed to normal by late 2016: bank chief
Canada's economy is expected to return to full capacity "around the end of 2016," after being dealt a setback by the plunge in oil prices, the central bank chief said Tuesday
May 19, 2015 – AFP