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The composite leading indicators index of South Africa increased in June to 107.1 points from 105.9 points in May, finversia.ru writes referring to data from the South African Reserve Bank. A positive contribution to the composite index in June was made by 6 out of 9 components. Three components affected it downward. The biggest positive contribution was the increase in the number of housing plans and the acceleration of advertisements for vacancies. Compared with June last year, the leading development index rose by 5.8% after the rise of 4.7% in the previous month. The indicator, which determines the attitude to the current economic situation, increased to 102.9 points from 101.7 points. The indicator of the assessment of the situation in the past increased to 94.6 points from 94 points.
On Wednesday, Tesla Inc. (TSLA.O) posted its second-quarter profit worth $104 Million from April to June despite shutting down its electric vehicle factory in Fremont, California for roughly seven weeks due to the coronavirus pandemic. Tesla ...
China's diesel exports for June fell by 50% year-on-year, a record low since September 2018 as lockdown measures around the world continued to curb fuel demand. China exported has 1.04 million tons of diesel, compared to the 1.45 million and ...
South Korea on Wednesday announced that it would scale back its plans to impose capital gains taxes on stock investments after numerous complaints from retail investors. However, taxes will, instead increase for top earners as part of changes ...
Japan's industrial output is expected to recover in June from a double-digit decline in May amid hopes that factory activity may have reached its lowest due to the coronavirus pandemic, according to a Reuters’ poll of 13 economists. While ...
Australian retail sales advanced 2.4% in June. This came as an upbeat figure following a 16.5% increase seen in May as the land down under resumed its economic operations from coronavirus-related lockdowns. The country’s retail sales ...
KYC Policy