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Industry News

International Economy / Markets Articles

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

Russian Q1 economic contraction less than feared at 1.9%
Russia's economy shrank 1.9 percent in the first quarter under pressure from low oil prices and Western sanctions, the state statistics agency said Friday, a smaller contraction than had been feared.
May 15, 2015 – AFP

Peru economy grew in March at fastest pace in 11 months
Peru's economy grew a faster-than-expected 2.68 percent in March from a year ago thanks to a rebound in mining, the country's strongest pace in 11 months, state statistics agency Inei said on Friday.
May 15, 2015 – Reuters

Eurozone economic growth picks up to 0.4%
The economy of the eurozone grew by 0.4% in the first three months of the year, official figures have shown, as its slow recovery continues.
May 13, 2015 – BBC News

China cuts interest rates to 5.1% as economy slows
China's central bank has cut interest rates for the second time this year, amid a continuing economic slowdown.
May 10, 2015 – BBC News

Is Argentina's economy pulling a tango turnaround?
Argentina evokes images of tango, soccer, gauchos...and an awful economy -- one of the world's worst.
May 7, 2015 – CNN Money

China's factory activity steady in April
Factory activity in the world's second largest economy, China, held steady in April, coming in slightly above market expectations.
May 1, 2015 – BBC News

Brazil's economy unexpectedly adds jobs in March
Brazil's economy added jobs in March for the first time since November, government data showed on Thursday, suggesting the country's likely recession may not be as severe as many economists feared.
April 23, 2015 – Reuters

German government more optimistic on economic growth
The German government upgraded Wednesday its growth forecasts for both this year and next year to 1.8 percent, saying Europe's biggest economy is "in an upturn."
April 22, 2015 – AFP

Japan records first trade surplus since 2012
Japan has recorded its first trade surplus in three years after the weaker yen boosted exports and cheaper oil prices lowered its import bill.
April 22, 2015 – BBC News

Germany 'headed for higher growth' say economic institutes
Four leading German economic institutes have raised their growth forecast for Germany's economy because of falling oil prices and a weak euro.
April 16, 2015 – BBC News

China's growth slows to 7% in the first quarter
China's economic growth slowed further in the three months to March this year, expanding 7% compared to a year earlier, its slowest pace since the global financial crisis in 2009.
April 15, 2015 – BBC News

Russia's Economy Expanded 0.4% in Fourth Quarter
Russia's economy unexpectedly grew in the fourth quarter before the full effect of the country's currency crisis took hold.
April 1, 2015 – Bloomberg

Canada's economy shrank less than expected in January
The Canadian economy shrank less than foreseen in January, Statistics Canada data showed on Tuesday, a report that reinforced economists' expectations that the central bank will hold interest rates steady in April.
March 31, 2015 – Reuters

China March flash HSBC PMI contracts to 11-month low, fans policy easing expectations
Activity in China's factory sector dipped to a 11-month low in March as new orders shrank, a private survey showed, signaling persistent weakness in the world's second-largest economy that will likely fuel calls for more policy easing to support growth.
March 24, 2015 – Reuters

Peru economy grows 1.7 pct in January as mining rebounds
Peru's economy grew at a weaker-than-expected 1.68 percent in January from a year earlier, state statistics agency Inei confirmed on Monday, with a rebound in the mining sector offsetting a drop in construction.
March 16, 2015 – Reuters

China has resilience to keep economy growing: Premier
China has the potential, resilience and room to keep its economy growing within a rational range, Premier Li Keqiang said at a press conference at the end of the annual session of the National People's Congress, China's top legislature, on Sunday.
March 15, 2015 – Asia One

Manufacturing body CECE issues positive results
The European construction equipment manufacturer's association, CECE, has released its strongly positive Economic Report for 2014. According to this report, equipment sales in the European market grew by 9% in 2014.
March 13, 2015 – World Highways

Peru says economy likely to grow by 4.2 pct in 2015
Peru's commodities-powered economy will likely grow at 4.2 percent in 2015, the economy ministry said on Wednesday, a rate that is slower than previously forecast.
March 11, 2015 – Reuters

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