Customers use an ATM of a bank in Dublin, Ireland. Reuters
Ireland’s gross domestic product (GDP) rose by 0.7% quarter-on-quarter in the first three months of the year to stand 5.8% higher than a year ago and put the European Union’s best-performing economy in a strong position ahead of a potential Brexit shock.
Japan’s government is considering downgrading its assessment of the economy next week as the intensifying Sino-US trade war takes a toll on exports and factory output, a government source with direct knowledge of the matter told Reuters. A downgrade in the crucial monthly report could fuel speculation
An indicator measuring expectations for the next three months was the strongest since October last year at +9%.
India met its fiscal deficit target for 2018-19, which came in at 3.39 per cent of gross domestic product (GDP), slightly lower than 3.4 per cent estimated in the revised estimates of the budget, on the back of an increase in non-tax revenue and lower
Under the directives of His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, and with the approval of the UAE Cabinet,
Wall Street brushed off data released on Friday showing the US economy adding jobs as US-Chinese tensions mount and a standoff over fresh stimulus continues.
The Central Bank of the UAE (CBUAE), has signed an agreement with the Arab Monetary Fund, AMF, to include the UAE Dirham as a settlement currency in the Arab Regional payments clearing and settlement system called “Buna”.
Japan’s economy contracted at the sharpest pace on record in the second quarter as the coronavirus crisis crushed business and consumer spending, a Reuters’ poll showed, and a recent surge in infections is clouding the outlook for recovery.