Strong recovery still unlikely: 4 takeaways from Augusts economic data

Can China's economy reverse a sluggish 2023 in the last quarter? Here's what to watch

Key Points The months ahead are set to bring more clarity on China's economic outlook and any government support especially for real estate. "Probably in...

#cash #analysis #bond

CNBC

2023-09-29 00:38:20 • 1 min

Canadas Economy Sees Slight Surge in August, Bank of Canada Maintains Interest Rates

Canada's economy experienced a minor uptick in August, following a period of stagnation in July, according to an analysis published on Friday. However, the...

#analysis #development #economicindicator

Investing.com

2023-09-29 16:03:36 • 1 min

UK economic recovery picks up steam, overtaking 'sick man' Germany for now

Key Points The Office for National Statistics revealed that by the end of the second quarter, the economy was 1.8% larger than in the final quarter of 2019,...

#sickman #pandemic #business

CNBC

2023-09-29 11:15:43 • 1 min

Chinas manufacturing rebounds in latest sign of stabilising economy

Official manufacturing PMI rises to 50.2 in September from 49.7 in August, shifting to expansion range after five months of contraction as support policies...

#supportpolicies #economy #fiercecompetition

2023-09-30 04:03:14 • 1 min

China factory activity expands for first time in six months

Best News Website or Mobile Service WAN-IFRA Digital Media Awards Worldwide 2022 Best News Website or Mobile Service Digital Media Awards Worldwide 2022...

#FactoryActivity #economy #index

Channel NewsAsia

2023-09-30 01:41:44 • 1 min

UK Economy Logs Stronger Than Estimated Growth

The UK economy registered a stronger than estimated recovery in the first half of the year despite high inflation and tighter monetary policy. Gross domestic...

#UKeconomy #coronavirus #income

RTTNews

2023-09-29 11:45:08 • 1 min

China September factory activity expands for first time in six months

Best News Website or Mobile Service WAN-IFRA Digital Media Awards Worldwide 2022 Best News Website or Mobile Service Digital Media Awards Worldwide 2022...

#economy #index #government

Channel NewsAsia

2023-09-30 01:41:44 • 1 min

Health

UK economy makes stronger recovery from pandemic than first thought

The UK economy made a faster recovery from the Covid pandemic than previously estimated, according to revisions to official figures revealing a stronger...

#UKeconomy #investment #analysis

The Guardian

2023-09-29 09:31:57 • 1 min

How Chinas Property Crisis Is Testing Its Too-Big-to-Fail Banks

Banks hold enormous amounts of real estate debt, and regulators are nervous. But a fast-moving crisis is unlikely because the government has extensive...

#propertycrisis #bond #economy

The New York Times

2023-09-30 04:01:13 • 2 mins

China Industrial Profits Recover In August

China's industrial profits rebounded in August as support measures helped to lift demand, data from the National Bureau of Statistics revealed on Wednesday....

#industrialprofits #government #inflation

RTTNews

2023-09-27 04:22:08 • 1 min

Canada's economy was flat in July, new GDP numbers from Statistics Canada show

Canada's gross domestic product was essentially unchanged in July, as the service sector expanded slightly while goods-producing industries shrank....

#entireeconomy #ServiceSector #StatisticsCanada

CBC

2023-09-29 12:40:59 • 1 min

China's economic activity again weakened in September, China Beige Book survey shows

Key Points Corporate borrowing fell back to "very low levels" as loan rejections and the average loan rates spiked despite several moves from the People's...

#money #currency #revenue

CNBC

2023-09-29 02:34:26 • 2 mins

Can Chinas high-speed railways get its economy back on track?

Investments in railway-related fixed assets increased by 23.4 per cent in the first eight months of 2023, and Beijing hopes the infrastructure boom will help...

#investment #fixedassets #economy

2023-09-29 02:00:12 • 1 min

Opinion: Western bias against Chinas belt and road is hobbling climate action

As a green tech powerhouse, China can accelerate the Global Souths digital transition and foster a more sustainable model of economic growth. But the West...

#tech #perceivedthreat #sustainablemodel

2023-09-30 02:00:25 • 1 min

Chinas indebted local governments spend billions to bail out small banks

Poor liquidity at Chinas regional banks could trigger instability in the state-owned financial system, reduce the credit supply for the real economy, and...

#realeconomy #RegionalBanks #instability

2023-09-30 02:00:40 • 1 min

Markets Rise As Inflation Worries Ease

A more-than-expected decline in inflation in Eurozone as well as the recent decline in crude oil prices helped a rebound in world markets. However, anxiety...

#bitcoin #marketsrise #secapproval

RTTNews

2023-09-29 09:50:30 • 1 min

What China's economic problems mean for the world

By Nick Marsh Asia business correspondent There is a saying that when the United States sneezes, the rest of the world catches a cold. But what happens when...

#economicproblems #apple #revenue

BBC

2023-09-28 23:00:48 • 1 min

Is the wait finally over for Chinas economic recovery?

In this issue of the Global Impact newsletter, we look at the state of play within Chinas economy and at whether the wait for a recovery is finally over.

#chinaseconomy #wait #newsletter

2023-09-25 06:00:15 • 1 min

Why Traders Should Not Celebrate UK's GDP Data

Economic figures released today indicated that the United Kingdom's economy has grown faster than anticipated since the start of the epidemic. The statistics...

#currency #pandemic #brexit

Nasdaq

2023-09-29 15:41:01 • 2 mins