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China Industrial Output Gains Strength; Retail Sales & Investment Data Disappoints

India, May 17 -- China's industrial growth accelerated in April driven by robust exports but softening growth in retail sales and fixed asset investment reflects an uneven economic recovery necessitat... Read More


Eurozone Inflation Steady At 2.4% As Estimated

India, May 17 -- Eurozone inflation remained stable in April as initially estimated, official data said on Friday. The harmonized index of consumer prices grew 2.4 percent on a yearly basis, the same... Read More


Malaysia GDP Growth Rebounds More Than Estimated

India, May 17 -- Malaysia's economy logged a stronger-than-estimated rebound in the first quarter on household spending and investment, the second estimate from the Department of Statistics showed on ... Read More


China Industrial Output Growth Accelerates

India, May 17 -- China's industrial growth accelerated in April, while growth in retail sales softened unexpectedly, official data revealed on Friday. Industrial production registered an annual incre... Read More


ECB Says Financial Stability Conditions Improve As Recession Risks Fade

India, May 16 -- The European Central Bank said the financial stability conditions improved as recession risks declined but cautioned that financial markets remain vulnerable to further adverse shocks... Read More


Philippine Central Bank Hints At Rate Cut

India, May 16 -- The Philippine central bank hinted at an interest rate reduction in the third or fourth quarter of this year after policymakers decided to leave the benchmark interest rate unchanged ... Read More


EU Projects Eurozone To Log Gradual Growth, Inflation On Track To Target

India, May 15 -- The European Commission projected the euro area economy to stage a gradual growth amid geopolitical risks and expects inflation to be on the track to hit the target. In the latest Sp... Read More


Eurozone Industrial Output Unexpectedly Rises

India, May 15 -- Eurozone industrial production unexpectedly expanded in March driven by the capital goods output, data from Eurostat revealed on Wednesday. Industrial production posted a monthly gro... Read More


Eurozone GDP Recovers As Estimated In Q1

India, May 15 -- The euro area economy recovered as estimated in the first quarter after contracting for two straight quarters, flash estimate from Eurostat showed on Wednesday. Gross domestic produc... Read More


China Keeps Lending Rate Unchanged As Expected

India, May 15 -- China's central bank left its medium-term lending facility rate unchanged on Wednesday as policymakers focus more on the currency stabilization. The People's Bank of China conducted ... Read More