Japan39;s GDP shrinks for two straight quarters Frail consumption, capital spending point to challenging outlook Supply constraints may be delaying execution of spending plans Some analysts push back bets of an early exit to negative rates TOKYO, Feb 15 Reuters Japan unexpectedly slipped into a recession at the end of last year, losing its title […]

SYDNEY, Feb 15 Reuters Australian employment was surprisingly weak in January, while the jobless rate climbed to a twoyear high in another sign the labour market was loosening in the face of a slowing economy and subdued consumer demand. Figures from the Australian Bureau of Statistics on Thursday showed net employment rose just 500 in […]

SINGAPORE, Feb 15 Reuters Singapore39;s economy grew slower than initial estimates in the fourth quarter of last year, on downward revisions in construction and manufacturing but the citystate was still hopeful of a pick up in activity in 2024. Gross domestic product GDP rose 2.2 on a yearonyear basis in the fourth quarter, government data […]

SEOUL, Feb 15 Reuters South Korea has prepared a financial support programme of 75.9 trillion won 56.97 billion for companies increasing investment in key sectors as well as small businesses struggling with the impact of high interest rates. The programme includes 15 trillion won worth of cheap policy loans from a staterun bank for key […]

SINGAPORE, Feb 15 Reuters Asian equities rose on Thursday, powered by chip stocks, with the Nikkei breaching a new 34year peak, while the dollar took a breather near a threemonth high as markets assess when the Federal Reserve is likely to start its easing cycle. MSCI39;s broadest index of AsiaPacific shares outside Japan rose 0.7, with […]

SHANGHAI, Feb 15 Reuters Faced with diminishing job prospects as the economy slows, Chu Yi is choosing to lie flat, a Chinese term used to describe people who work just enough to afford to spend their time on what they enjoy. The Shanghaibased 23yearold used to work at a fashion company, but said she quit […]

UK GDP contracts 0.3 in Q4 2023, sealing recession Economic output stands only 1 higher than preCOVID level Finance minister Hunt sees signs of brighter times ahead Labour, ahead in polls, says government plan not working GDP per person shrinks, longest run without growth on record LONDON, Feb 15 Reuters Britain39;s economy fell into a […]