International Economy / Markets Articles
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
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