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/ Economy / Global

Philippine Q4 GDP grows 6.6pc

Philippine’s economy grew 6.6 per cent in the fourth quarter of 2017, slightly below market expectations, while the annual gross domestic product (GDP) grew 6.7 per cent. The Philippine central bank said on Tuesday that robust economic growth in the...

Export growth remains high in Asia Pacific economies

  SINGAPORE (S&P Global Ratings) Jan. 23,2018--Export growth remains high...

1.0pc richest own 82pc global wealth: Oxfam

Some 82 per cent of money generated in 2017 went...

Slow labour growth 'unavoidable' for Singapore

Slower rates of labour force growth in Singapore are unavoidable,...

China economy to grow better in 2018

China's economic performance beat market expectations in 2017, but will...

Argentina GDP grows 2.9pc in 2017

Argentina's economy expanded by 2.9 per cent in 2017, and...

NY Fed reduces Q1 GDP target

The New York Fed, the Federal Reserve Bank of New...

Sweden leads Scandinavian growth outlook

Swedish and Danish growth prospects for 2018 have brightened in...

Philippines rice harvest hits record high

The Philippines’ rice output grew at record high in the...

Bank Indonesia holds key rates

Bank Indonesia (BI) has kept its key interest rate unchanged,...

China Q4 GDP growth exceeds expectations

China's annual gross domestic product (GDP) grew 6.8 per cent...

BOK holds key interest rate steady

The Bank of Korea (BOK) has kept interest rates unchanged...

S Korea to shut down cryptocurrency exchanges

South Korean policymakers joined the global chorus of virtual-coin critics...

Saudi Arabia moves to back weak Yemeni currency

Saudi Arabia’s King Salman ordered a deposit of $2 billion...

S’pore exports growth slows in Dec

Growth in Singapore’s export sector slowed more than expected in...

Russia to spend more on healthcare, education: WB

Russia’s new government should invest more in education and healthcare...

Nigerian inflation slows to 15.37pc in Dec

Nigerian inflation slowed for the 11th month in a row...

China likely to target 6.5pc GDP in 2018

China is likely set its 2018 economic growth target at...

BoJ chief expects to hit inflation goal

Bank of Japan Governor Haruhiko Kuroda on Monday reiterated his...

Swedish apartment prices fall in Q4

Swedish apartment prices fell 2.0 per cent in the fourth...

Peru economy grows 1.78pc in Nov

Peru’s economy grew by 1.78 per cent in November from...

Spain seeks EU’s assistance from economic meltdown

Spanish tourism, finance and agriculture could be badly damaged if...

Egypt revises up growth forecast for 2017-18

Egypt has revised its GDP forecast for the 2017-18 fiscal...

ADB’s development financing for Asia, Pacific's growth reaches $28.9b

Asian Development Bank (ADB) operations, comprising approvals of loans and...

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