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Author Archives: Top News Editor

Australia Q1 GDP Rises 0.3% On Quarter

Australia’s gross domestic product expanded a seasonally adjusted 0.3 percent on quarter in the first three months of 207, the Australian Bureau of Statistics said on Wednesday. Read Full Story

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German Factory Orders Decline In April

Germany’s factory orders declined more-than-expected in April, reflecting a weak start to the second quarter. Manufacturing new orders dropped 2.1 percent month-on-month in April, reversing a revised 1.1 percent increase in March, figures published by Destatis revealed Wednesday. Orders were ...

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India Central Bank Keeps Rates On Hold

Despite easing growth and inflation, India’s central bank kept its key repo rate unchanged for the fourth straight meeting and adopted a less hawkish tone on Wednesday. At its second bi-monthly monetary policy meeting, policymakers of the Reserve Bank of ...

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OECD Sees World Economic Growth At 6-year High

Global growth is set to improve this year with the world economy likely to expand at the fastest pace in six years and the momentum is expected to continue, but more efforts are needed to ensure that benefits of such ...

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