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The Bank of France predicts that in the second quarter of 2018 the country's GDP will grow by 0.3%, maintaining the growth rate of the first quarter. The forecast of the Bank of France is based on the data of a monthly survey, which makes it ...
For the period from January to April 2018, China's budget revenues increased by 12.9% year-on-year to 6.9 trillion yuan, the country's Finance Ministry said. Revenues from goods and services collection increased by 18.4%, corporate income tax ...
During negotiations on the North American Free Trade Agreement, US demands may not be enough to return jobs to the automobile sector of the country, Reuters reports. Mark Wakefield from the consulting company AlixPartners notes that the increase ...
The market valuation of steel companies in China is affected by expectations of the recovery of steel production and signs of a weakening demand in the country. Steel prices in China this year fell after a 2-year rapid growth. Shares of most ...
The net profit of China's commercial banks in the first quarter of this year increased by 5.86% to 522 billion 200 million yuan. The growth of the index accelerated compared to the rise of 1.25% a year earlier, according to the State Committee ...
Chinese state corporation Three Gorges announced its readiness to acquire the largest Portuguese company Energias de Portugal (EDP) for 9 billion 70 million euros. Chinese CTG already owns a 23 percent stake in EDP, which produces and distributes ...
In Thailand on May 13, the law, regulating the turnover of cryptocurrencies and digital assets, came into force, the finversia.ru project reported. The law obliges all persons engaged in the sale of cryptocurrency to obtain registration within ...
One of the largest financial conglomerates of the world, HSBC Holdings, held the world's first commercial finance transaction based on the blockchain technology. HSBC reported that it, together with ING, successfully completed the transaction ...
Oil prices moved to growth after the statement of the Organization of the Petroleum Exporting Countries on its readiness to support the stability of the oil market. In its monthly report, OPEC noted that inventory levels in OECD countries declined ...
One of the main parameters for assessing economic activity in China is the consumption of electricity in the country. This figure in April 2018 compared with the same month last year increased by 7.8% and amounted to 521 billion 700 million ...
President of the European Central Bank, Mario Draghi, noted the importance of creating a fund in the euro area that would allow euro zone states to resist future crises, Bloomberg reports. Speaking at the event in Florence, he said: 'The goal ...
Oil prices finished last week at the maximum levels since November 2014: Brent went up by 3.4%, WTI - by 2.2%. The rise in prices was facilitated by the US decision to withdraw from the agreement on Iran's nuclear program, which would lead ...
Chief economist of First Trust Advisors, Brian Westbury, recognized as the most accurate forecaster for statistical data from the United States in April, predicts that in 2018, the US GDP will grow by 3%, the stock indexes – by an average of ...
The consumer confidence index in the US in May was 98.8 points, as well as in April, according to data from the University of Michigan. Experts had expected the index to fall to 98.7 points. The tax reform was named a positive factor by about ...
In April, unemployment in Canada was 5.8%, maintaining the level of March and coinciding with the forecasts of the analysts, official data show. Last month, the number of jobs in the Canadian economy fell by 1,000 after an increase of 32,300 ...
In China, total vehicle sales, including trucks and buses, rose 11.5% in annual terms to 2 million 320 thousand units in April, the China Automobile Manufacturers Association (CAAM) said. Cars were sold in the amount of 1 million 910 thousand, ...
In April 2018, the volume of new bank lending in China in national currency increased to 1 trillion 180 billion yuan from 1 trillion 120 billion yuan in the previous month, according to the data of the People's Bank of China. Experts had predicted ...
Hong Kong's GDP in the first quarter of 2018 grew by 4.7% in annual terms and showed the highest rate since the second quarter of 2011, according to official data. Experts had expected GDP to rise by 3.7%. Growth in the economy was boosted ...
The economy of Japan in the first quarter may decline for the first time in two years due to weak domestic consumption and a softer demand for exports, the Reuters survey showed. Prior to this, the Japanese economy expanded eight consecutive ...
The DIHK study showed that about 40% of the 5,000 German companies that participated in the survey expect positive changes in foreign markets over the next 12 months, despite the growth of political and trade risks. This is the highest rate ...
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