Indian economy expands 7.4% in third quarter

Nov 30, 2015 13:50 pm UTC| Commentary Economy

Its official. Indian economy is growing at faster pace than China. Indian economy grew at faster pace of 7.4% in third quarter of 2015, broadly defying emerging market slowdown. In second quarter economy grew by...

Norway’s labor market shows improvement

Nov 30, 2015 13:03 pm UTC| Commentary Economy

Registered unemployment in Norway in October recorded a sharp increase and stood close to 2,000 persons. Analysts argued that the surge is temporary and it may improve. The reading inched up by only 700 persons in...

Surge in loans to businesses drives Australian Private Sector Credit growth

Nov 30, 2015 05:29 am UTC| Commentary Economy

Australias October Private Sector Credit came in at 0.7% on month on month basis, same as per the expectations by market consensus and modestly less than that of previous months 0.8% mom. The overall private sector...

Fitch: India Discom Reform Success is Key to Power Sector Woes

Nov 30, 2015 04:29 am UTC| Economy

Fitch Ratings says in a new report thatsuccessfully addressing the weak financial positions of state distributioncompanies (discoms) is key to improving the health of Indias power sector. Theweak fiscal position of these...

A technical recession unavoidable for Taiwan

Nov 30, 2015 01:53 am UTC| Commentary Economy

Based on the revised GDP data out last Friday, the economy didnt escape from a technical recession. Growth stayed in the negative territory for two straight quarters, registering -4.5% (QoQ saar) in 2Q and -1.2% in 3Q....

Data to confirm moderate level of economic activity in Mexico

Nov 29, 2015 23:44 pm UTC| Commentary Economy

Data this week should confirm a firm but moderate level of economic activity in Mexico, after an increase in the unemployment rate and a decline in retail sales were reported last week. The main data release is gross fixed...

Strong labor market in Mexico another reason for Banxico to remain on hold

Nov 27, 2015 16:23 pm UTC| Commentary Economy

Mexicos unemployment rate rose to 4.37% sa in October, from 4.26% sa previously. The surprise was driven by an increase in seasonally adjusted terms of the participation rate by almost 63bp from last month. In annual...