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Showing 81 - 90 of 698 results for "GDP growth"

Chief economist update: OECD sees stronger growth ahead

BENJAMIN ONG  |  WEDNESDAY, 10 MAR 2021
... recent months with signs of a rebound in goods trade and industrial production becoming clear by the end of 2020. Global GDP growth is now projected to be 5.6% this year, an upward revision of more than 1 percentage point from the December OECD Economic ...

Chief economist update: Red metal turning red hot

BENJAMIN ONG  |  TUESDAY, 16 FEB 2021
The latest GDP growth updates show that the world's major economies remain in contraction (in year-on-year terms) at the end of 2020 and despite the roll-out of vaccines, the COVID-19 pandemic (and now its variants) remain with us, triggering stop-and-go ...

Chief economist update: Light at the end of the Euro tunnel

BENJAMIN ONG  |  FRIDAY, 12 FEB 2021
... also set to support the recovery". In its 'Winter 2021 Economic Forecast' report, the EC predicts that overall GDP growth in 19 countries euro-member countries would be 3.8% this year and in 2022 after contracting by 6.8% in 2020. This compares ...

Chief economist update: China on my mind

BENJAMIN ONG  |  THURSDAY, 14 JAN 2021
... monetary support provided a parachute to falling domestic economic activity so much so the Treasury upgraded its 2020-21 GDP growth forecast to an expansion of 0.75% (MYEFO) from a contraction of 1.5% foreseen in the October Budget - leading to a lower ...

Chief economist update: Government spending made money, saved money

BENJAMIN ONG  |  FRIDAY, 18 DEC 2020
... has been found in the pudding in the Australian government's budget update, MYEFO, with the upward revision in GDP growth forecasts and downward revisions in the outlook for the unemployment rate and future budget deficits. Spend and intervened the ...

Chief economist update: Fed acts with inaction

BENJAMIN ONG  |  THURSDAY, 17 DEC 2020
... survey, the economy is still expanding. This backs up the Fed's latest economic projections, where it upgraded its GDP growth forecasts to -2.4% in 2020 (from -3.7% forecast in September), +4.2% in 2021 (from 4.0%), and 3.2% in 2022 (from 3.0%). ...

Man GLG launches Asia strategy

ANNABELLE DICKSON  |  TUESDAY, 8 DEC 2020
... have undergone significant structural improvements over the last two decades and these, coupled with high levels of GDP growth, have provided fertile ground for companies to prosper," he said. "Despite this, they remain relatively under-researched and ...

Chief economist update: Australia is out

BENJAMIN ONG  |  THURSDAY, 3 DEC 2020
... 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 by 3.3% ...

Chief economist update: Vaccine optimism sparks AUD resurgence

BENJAMIN ONG  |  WEDNESDAY, 18 NOV 2020
... "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 8%" before gradually ...

Chief economist update: RBA does the limbo rock

BENJAMIN ONG  |  WEDNESDAY, 4 NOV 2020
... these latest reductions in upgrading its forecasts. "In Australia, the economic recovery is under way and positive GDP growth is now expected in the September quarter, despite the restrictions in Victoria. It will, however, take some time to reach the ...