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German GfK Consumer Confidence Set To Recover In June

German consumer confidence is set to recover marginally in June from a record low after the gradual reopening of many businesses, survey results from the market research group GfK showed Tuesday. The forward-looking consumer sentiment index rose to -18.9 in ...

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Singapore Cuts 2020 GDP Outlook

Singapore’s economic outlook for 2020 was lowered further due to the deterioration in foreign demand forecast and the expected economic impact of the coronavirus containment measures. The Ministry of Trade and Industry on Tuesday forecast the city-state economy to shrink ...

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German Ifo Business Confidence Improves In May

Germany’s business confidence improved in May driven by modest expectations of an economic revival, thanks to partial withdrawal of lockdown restrictions that were imposed to slow the spread of the coronavirus, or Covid-19. The ifo business confidence index climbed to ...

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Japan New Job Offers

Job Vacancies in Japan decreased to 831.73 Thousand in March from 876.12 Thousand in February of 2020. Job Vacancies in Japan averaged 547.77 Thousand from 1960 until 2020, reaching an all time high of 1026.96 Thousand in December of 2017 ...

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Germany GDP Shrinks At Fastest Pace Since 2009

The German economy contracted at the fastest pace since the global financial crisis, as initially estimated, due to the coronavirus pandemic, revised data from Destatis showed on Monday. Gross domestic product fell 2.2 percent sequentially, the biggest fall since the ...

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China Avoids Setting GDP Target; Focus On Labor Market

The Chinese government dropped setting economic growth target for the first time and placed job creation as top priority as coronavirus, or Covid-19, pandemic has ravaged the outlook. At the annual session of the National People’s Congress in Beijing, Premier ...

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