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Author Archives: Top News Editor

Eurozone Exits Recession As Estimated In Q2

The euro area economy recovered from a technical recession in the second quarter with the reopening of member-country economies after the coronavirus lockdowns, flash estimate from Eurostat showed on Tuesday. Gross domestic product grew 2 percent sequentially, in contrast to ...

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Thai Govt Downgrades 2021 Growth Outlook

Thailand’s economic growth outlook was downgraded as the surge in infections and the slow progress in the vaccine rollout weigh on private spending and tourism. Gross domestic product grew 7.5 percent year-on-year in the second quarter, reversing a 2.6 percent ...

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China Industrial Production, Retail Sales Growth Slows

China’s industrial production and retail sales growth slowed in July, suggesting a slowdown in the economic recovery amid new COVID-19 outbreaks and supply chain disruption. Industrial production growth slowed to 6.4 percent in July from 8.3 percent a month ago, ...

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Dollar Rebounds, Gains Against Major Rivals

The U.S. dollar gained some ground against its major rivals on Thursday, rebounding from recent losses, after data showed an acceleration in U.S. producer inflation and a drop in jobless claims. Read Full Story

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