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17/05/2012 06:59 AST
Japan's economy expanded faster than estimated in the first quarter, boosted by reconstruction spending that's poised to fade just as a worsening in Europe's crisis threatens to curtail export demand.
Gross domestic product rose an annualized 4.1 percent from the final three months of 2011, exceeding all but seven of 27 estimates in a Bloomberg News survey of economists, a Cabinet Office report showed today in Tokyo. Singapore also reported a rebound in growth last quarter, while warning about the risk of a disorderly European debt default.
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Bloomberg
Ticker | Price | Volume |
---|
Index | Closing | Change |
---|---|---|
NIKKEI 225 | 36,581.76 | -251.51 (-0.68 |
DAX | 18,699.40 | 181.01 (0.97 |
S&P 500 | 5,626.02 | 30.26 (0.54 |
26/04/2025
Lebanon has received preliminary approval to increase the value of a World Bank reconstruction loan to $400 million from $250 million, Finance Minister Yassine Jaber said in a statement on Wednesday.
Reuters
26/04/2025
China has exempted some US imports from its 125% tariffs and is asking firms to identify critical goods they need levy-free, according to businesses notified, in the clearest sign yet of Beijing's co
Asharq Al Awsat
25/04/2025
China demanded that the US revoke all unilateral tariffs and denied there were talks on reaching a trade deal, maintaining a defiant stance despite President Donald Trump's recent easing of criticism
Bloomberg
25/04/2025
The Middle East and North Africa is on track for a modest economic recovery after 2024's muted growth, with real gross domestic product projected to rise 2.6 percent in 2025 and 3.7 percent in 2026,
Arab News
24/04/2025
US Treasury Secretary Scott Bessent on Wednesday called on the International Monetary Fund and World Bank to refocus on their core missions of macroeconomic stability and development, arguing that th
Asharq Al Awsat