Economist
- Business
European bank trims economic forecasts for 2023 amid persistent inflation
GDP in EBRD regions projected to rise 3% this year, downward revision of 0.9 percentage points from previous report The…
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Eurozone manufacturing PMI rises to 5-month high in January
Rising from previous month, manufacturing activity continued to contract for 7th consecutive month Euro area manufacturing purchasing managers’ index (PMI)…
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Chinese business confidence falls to lowest in almost a decade on COVID
China’s business confidence fell to its lowest since January 2013, a survey by World Economics showed on Monday, reflecting the…
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Eurozone manufacturing PMI up slightly in November
PMI still below 50 level, signaling further deterioration in health of producing sector, S&P Global says The euro area purchasing…
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‘Shadow banks’ indebted firms to be launch pad for next crisis, warns Nobel-winner economist
Unregulated shadow banking sector, medium-size and large companies hold much of debt, risk in world economy, says Douglas Diamond, winner…
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Countries should tailor monetary policies according to specific challenges :US economist
Central banks can overcome economic problems but not overnight, says Joshua Aizenman, professor of economics at University of Southern California…
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Mortgage demand sinks even as rates drop
Mortgage rates dropped for the second week in a row, but that didn’t revive demand from homeowners or potential buyers.The…
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US pending home sales rise 0.7% in May, ending 6 months of decline
Pending sales in Northeast accelerated 15.4% in May, largest monthly gain among 4 major US regions US pending home sales…
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Eurozone services PMI declines in May
Eurozone composite purchasing managers’ index declines to lowest in 4 months Eurozone services purchasing managers’ index (PMI) fell to 56.1…
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Turkiye’s manufacturing PMI falls to 49.2 in April
Turkish manufacturing business climate challenging in April as price pressures remain elevated, supply-chain disruption continues, says economist Turkiye’s Purchasing Managers’…
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