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Author Archives: Top News Editor

UK Public Finances Log Surplus In July

The UK public sector net borrowing in July turned to surplus for the first time in 15 years on higher receipts of income tax, the Office for National Statistics said Tuesday. Public sector net borrowing excluding public sector banks was ...

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German Economic Confidence Tumbles To 10-month Low

Germany’s economic confidence weakened for the third straight month to hit a 10-month low in August, reflecting weak exports and scandals in the auto sector. The ZEW Indicator of Economic Sentiment declined to 10.0 in August from 17.5 in July, ...

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Thai Economy Expands Most Since 2013

The Thai economy expanded at the fastest pace in more than four years in the second quarter, largely driven by global demand. Gross domestic product expanded 3.7 percent on a yearly basis, following the 3.3 percent growth in the previous ...

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Malaysia’s GDP Growth Accelerates Unexpectedly In Q2

Malaysia’s economic growth accelerated unexpectedly to the fastest pace in more than two years in the second quarter on robust private consumption. Gross domestic product grew 5.8 percent year-on-year in the second quarter, faster than the 5.6 percent expansion seen ...

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ECB Rate-setters Raise Concern Over Euro Strength

European Central Bank policymakers raised concern over the appreciation of the euro in July, pointing out the risk of the exchange rate overshooting in the future, and stressed that the favorable financing conditions are still supported by the massive stimulus. ...

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