HK economy seen growing 1.5 pct in Q2
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HONG KONG: Hong Kongâs economy probably grew 1.5 percent in the second quarter, accelerating from the previous quarter, but is poised to moderate in coming months as slowing demand for goods from China puts pressure on exports.
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German Finance Minister Hans Eichelsaid Thursday that the country's economy could grow more than 1.5 percent this year.
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Hong Kong&#39;s economy grew by 7.2 percent in the third quarter from the same period a year earlier, boosted by strong global demand and consumer spending, the government said Friday.
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South Korea's economy grew faster than expected in the second quarter, but growth is still held back by poor domestic demand.
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The British economy grew at a faster than expected annual rate during the second quarter of 2007, official data showed on Wednesday.
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China&#039;s economy expanded at its fastest pace in a decade with growth of 11.3 percent in the second quarter, official data shows, exceeding expectations and possibly signaling the need for new cooling measures.
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The German economy grew by 2.5 percent last year, provisional figures released on Tuesday by the national statistics office Destatis showed.
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The growing bank reports its second-quarter 2007 earnings.
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A widely watched indicator of consumer confidence unexpectedly rose for the second month in a row in January, hinting that the economy would continue to grow in the first half of 2005, a private research group reported Tuesday.
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The economy grew at a faster than expected annual rate during the second quarter of 2007, official data showed on Wednesday.
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The French economy grew at its fastest rate in five and a half years in the second quarter, figures show.
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The Romanian government expects gross domestic product to grow by 5.1 to 5.2 percent year-on-year in 2005, the Adevarul newspaper reported Wednesday.
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Singapore's economy expanded 5.4 percent in the fourth quarter from a year ago and grew by 8.1 percent for the full year in 2004, the city-state's Ministry of Trade said Monday.
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Singapore may post double-digit economic growth this year, above the official forecast of 8.0-9.0 percent, Manpower Minister Ng Eng Hen said.
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The U.S. economy grew at a revised  5.6 percent annual rate in the first quarter as the fastest  pace of growth in 2-1/2 years generated robust corporate  profits, the Commerce Department said on Thursday.
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Revenues in key sectors of the US services industry grew in the second quarter, the government said on Monday in a new survey aimed at measuring growth in the giant tranche of the economy.
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China&#39;s annual economic growth surged  to an 11- year high of 11.9 percent in the second quarter,  cementing expectations for tighter policy to keep the world&#39;s  fastest-growing major economy from overheating.