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Japan cuts Q2 GDP on weak spending, wages slide - Vimarsana News

Japan cuts Q2 GDP on weak spending, wages slide

TOKYO (Reuters) -Japan's economy grew less than initially estimated in the second quarter and wages slumped in July, casting doubt over central bank projections that solid domestic demand will keep the country on course for a recovery. Capital expenditure and private consumption both fell in the April-June period, revised gross domestic product (GDP) data showed on Friday, underscoring the fragile state of Japan's economy, which is already facing headwinds from weakening Chinese and U.S. growth. Real wages adjusted for inflation fell in July for a 16th straight month in a sign hous...

Source: yahoo.com
Greek Economy Expands as Investment Grade Decision Looms - Vimarsana News

Greek Economy Expands as Investment Grade Decision Looms

(Bloomberg) -- Greece’s economy grew more than expected in the second quarter as rating companies began granting the country investment-grade status.Most Read from BloombergIndia’s Moment Has Arrived, and Modi Wants a New Global OrderChina Slowdown Means It May Never Overtake US Economy, Forecast ShowsHuawei Teardown Shows Chip Breakthrough in Blow to US SanctionsReturn-to-Office Is a $1.3 Trillion Problem Few Have Figured OutBillion-Dollar Corporate Bond Deals Hit Treasuries: Markets WrapThe 1.

Source: yahoo.com
Private consumption, capital formation help India ensure robust GDP growth of 7.8% in Q1FY24 - Vimarsana News

Private consumption, capital formation help India ensure robust GDP growth of 7.8% in Q1FY24

However, private consumption, capital formation likely to slow down in coming quarters, say economists

Rising inflation puts India's fashion retailers in tough spot. Here's why - Vimarsana News

Rising inflation puts India's fashion retailers in tough spot. Here's why

Popular Indian and foreign brands including shoe retailers Japan's Asics and Skechers USA have been offering steep discounts, some as much as 70 per cent, far bigger than normal and have also been extending their sale periods, said several store managers.

Thailand's Q2 Economic Growth At 1.8% Amid Export Challenges And Tourism Resilience - Vimarsana News

Thailand's Q2 Economic Growth At 1.8% Amid Export Challenges And Tourism Resilience

(CTN NEWS) - Thailand's economy expanded by 1.8% in the April to June period compared to the same timeframe in the previous year, according to data released