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Showing 161 - 170 of 1783 results for %22UK GDP%22

Chief economist update: China keeps on going and going

BENJAMIN ONG  |  FRIDAY, 4 DEC 2020
... the pandemic without plunging into a recession. After contracting by 6.8% in the year to the March 2020 quarter, China's GDP expanded by 3.2% in the June quarter and strengthened even more to 4.9% in the September quarter. The latest Caixin China ...

Chief economist update: Australia is out

BENJAMIN ONG  |  THURSDAY, 3 DEC 2020
... naysayers but using the internationally-accepted and widely-used measure of a recession - two consecutive quarters of negative GDP growth - Australia is technically out of it. The Australian Bureau of Statistics reported the domestic economy rebounded ...

Chief economist update: David Australia versus Goliath China

BENJAMIN ONG  |  WEDNESDAY, 2 DEC 2020
... Australia, the economic recovery is under way and recent data have generally been better than expected... In the central scenario, GDP is expected to grow by around 5% next year and 4% over 2022," the RBA said. The Australian central bank's optimism ...

Chief economist update: Dow 30 thousand

BENJAMIN ONG  |  THURSDAY, 26 NOV 2020
... - that followed a 5.0% (annualised) fall in the previous quarter. Sure, latest reports show that the second estimate of US GDP rebounded at annualised rate of 33.1% in the third quarter (unrevised from the initial estimate) but the exponentially rising ...

Chief economist update: Iron ore to reduce Aussie deficit

BENJAMIN ONG  |  TUESDAY, 24 NOV 2020
... activity has prevented the economy from succumbing to the recession that has struck most nations around the world. Chinese GDP grew by 3.2% in the year to the June quarter after contracting by 6.8% in the first. Recent stats indicate the economy continuing ...

New approach needed for Age Pension: RIR

ANNABELLE DICKSON  |  FRIDAY, 20 NOV 2020
... working-age groups." In addition, the inequity gap may increase as the cost of the Age Pension is expected to fall from 2.5% of GDP to 2.3% by 2060, while superannuation tax breaks will rise from 2% to 2.6% of GDP. "While the Age Pension helps offset ...

Fifth pillar in retirement system considered

ELIZA BAVIN  |  FRIDAY, 20 NOV 2020
... retirees," it said. "The cost of social transfers in kind attributed to households aged 65 and over has increased from 2.3% of GDP in 2003-04 to 3.3% in 2015-16." The review noted that while all Australians receive support in the form of government provided ...

Chief economist update: Vaccine optimism sparks AUD resurgence

BENJAMIN ONG  |  WEDNESDAY, 18 NOV 2020
... declared that: "It is certainly possible that the economy will do better than this baseline scenario." "That baseline scenario is GDP growth of "5% next year and 4% over 2022...the unemployment rate "to rise further over coming months to a little below ...

Chief economist update: Japan's third wave

BENJAMIN ONG  |  MONDAY, 16 NOV 2020
... long-term policy interest rates to remain at their present or lower levels," it said. The BOJ downgraded its fiscal year 2020/21 GDP forecast to a contraction of 5.5% from (July's prediction for a 4.7% decline) but adjusted the following year's ...

Pengana launches new Israel equities fund

KANIKA SOOD  |  WEDNESDAY, 11 NOV 2020
... equities," Pengana Capital chief executive Russel Pillemer told Financial Standard. He said Israel has the second highest R&D to GDP spend. TASE recently listed itself (Sunsuper was one of the investors), which Pillemer says should improve further the ...