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Showing 1 - 7 of 7 results for "GDP contracting"

Chief economist update: COVID-19 returns to Europe with a vengeance

BENJAMIN ONG | MONDAY, 19 OCT 2020

... hit by intensifying virus concerns". At its September meeting, the European Central Bank (ECB) forecast Eurozone GDP contracting by 8% in 2020 - better than the 8.7% slump predicted in June. Growth projections for the year 2021 and 2022 were unchanged ...

Chief economist update: ECB keeps it steady

BENJAMIN ONG | FRIDAY, 11 SEP 2020

... latest ECB staff macroeconomic projections for the single currency region. The September forecasts show Eurozone GDP contracting by 8% in 2020 - better than the 8.7% slump predicted in June. Growth projections for the year 2021 and 2022 were unchanged ...

Economic Wrap

BENJAMIN ONG | THURSDAY, 12 MAY 2016

... previous three month period, marking the fourth straight quarterly decline. The annual growth measure was worse with GDP contracting by 5.9% in the year to the December quarter of 2015, taking the full year 2015 rate of change in the economy to minus ...

Economic Wrap

BENJAMIN ONG | TUESDAY, 10 MAY 2016

... year to April following a 13.2% drop in the previous month. Taiwan's economy's currently in recession with real GDP contracting over the past three quarters: September quarter 2015 (-0.8 YOY), December quarter 2015 (-0.5%), March quarter 2016 (-0.8%) ...

Japan does a double double-dip

BENJAMIN ONG | TUESDAY, 17 NOV 2015

... Japanese), the economy isn't "recovering moderately". Instead, the economy has slid back into recession with real GDP contracting at an annualised rate of 0.8% in the third quarter that followed a 0.7% decline in the June quarter - that's recession number ...

Putin pontificates peace

BENJAMIN ONG | FRIDAY, 15 AUG 2014

... December quarter of last year. Germany's one quarter away from following Italy into another recession with its GDP contracting by 0.2% in the three months ended June while France had been in a coma since the first quarter - zero percent growth that time ...

The day the earth moved

BENJAMIN ONG | MONDAY, 14 MAR 2011

... heading into a double dip. Like New Zealand, Japan is one quarter away from a technical recession -- it's real GDP contracting by 0.32 per cent in Q4 2010. But the boost to the economy due to the rebuilding that follows would more than compensate for ...

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Editor's Choice

Australian Unity to shed 195 roles

MATTHEW WAI

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI

Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

MATTHEW WAI

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA

Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

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