The Bank of China Research Institute released its 2025 Economic and Financial Outlook Report on Thursday. The report projects that China's GDP will grow approximately 5% in 2025.The report highlights a V-shaped economic recovery, supported by government stimulus measures and a rebound in...
Nestle SA announced on Tuesday that, as part of a new business-boosting plan, organic growth is expected to be 4% in the medium term. The plan presented today says it will focus on investments in winning brands and growth platforms, emphasizing innovation while systematically addressing...
President of the Federal Reserve Bank of Richmond Thomas Barkin stated Tuesday that the US economy is looking pretty good, with inflation under control.In his latest speech at the Baltimore Together Summit, Barking stressed that the unemployment rate is solid, while inflation "has been great...
Germany's economy continued to show signs of weakness in the third quarter of 2024, according to a report released by the Federal Ministry for Economic Affairs and Climate Action on Monday."The weak economic phase is likely to continue in the second half of 2024 before growth momentum...
The International Monetary Fund (IMF) has raised its forecast for China's economic growth this year to 5%, up from the previous 4.6%.
This adjustment follows a strong first quarter and new policy measures. For 2025, the IMF predicted a growth rate of 4.5%, an increase from 4.1%.
Despite the...
The Bank of Canada decided on Wednesday to maintain its target for the overnight interest rate at 5%, as the institution will continue its policy of quantitative easing.
Reflecting on the economic conditions surrounding the decision, the institution stated that the global economy will continue to...
The International Monetary Fund (IMF) called on Thursday for significant reforms in Switzerland's financial sector. The call follows Credit Suisse's acquisition by UBS, which quelled immediate financial market unrest but highlighted deeper systemic risks within Switzerland's banking...
The International Monetary Fund (IMF) announced on Tuesday that it had raised the 2024 world growth forecast by 0.2 percent points to 3.1%. The revised figure is attributed to a positive adjustment to the resilience of the US economy and supportive policy measures in China. Besides, the IMF also...
Citigroup Inc.'s Chief Investment Strategist and Chief Economist at Global Wealth Steven Wieting said on Monday that global and United States economic growth could be close to starting a "healthier period" where investors need to place their attention.
Speaking to CNBC, Wieting said that the...
Fitch Ratings presented on Wednesday a neutral outlook for greater China in 2024. According to the report, the region, including mainland China, Hong Kong, Macao, and Taiwan, is expected to face hurdles such as subdued external demand and issues in the Chinese property sector.
Despite these...
This website uses cookies to ensure you get the best experience. Our Terms of Use and Data Protection Policy explain the data we collect, why we collect them, and how we may share them.
