Economy : Page 930

Remittances sent to Mexico and Honduras increase

December 28, 2015 Remittances sent to Mexico will total this year some $25 billion, 6 percent more than in 2014, according to the investment bank Goldman Sachs and the company AirPak-Western Union.

Vietnam economy grows most in 5 years

December 28, 2015 Vietnam's economy expanded at the fastest pace in five years during 2015, thanks to strong industrial production and record foreign investment, figures from the statistical office revealed.

ONS: The value of Britain is £8 trillion

December 28, 2015 Britain would have a price tag of £8 trillion if the whole country and everything in it was put up for sale. The sum has been calculated by the Office for National Statistics (ONS).

China's home prices continue to rise in 2015

December 28, 2015 China's housing market continued to warm in 2015 following easing measures, according to an industry report.

BBA: UK mortgage approvals rise 25% in November

December 28, 2015 The number of UK mortgage approvals in November rose 25% to 76,295 compared to a year ago, according to the British Bankers' Association (BBA).

Year in review: World became better place in 2015

December 28, 2015 2015 was a year of major milestones, emerging trends, and new beginnings. Among other things, 2015 marked a historic drop in poverty, a major climate change agreement, and record low child and maternal mortality rates.

U.S. consumer sentiment rises to highest level since July

December 24, 2015 U.S. consumer sentiment in December rose to the highest level since July as lower prices boosted consumers' willing to buy durables, a key index of consumer sentiment revealed.

Brazilian trade surplus reaches $850 million

December 24, 2015 The Brazilian trade balance registered a surplus of $850 million last week, according to the Secretariat of Foreign Trade (Secex) of the Ministry of Development, Industry and Foreign Trade (Mdic).

France consumer spending saw biggest fall in nearly 2 years

December 24, 2015 French consumer spending declined in November and at the biggest pace since the start of 2014, mainly due to lower energy consumption and weaker spending on clothing, the INSEE said.

Philippines economic expansion remains sharp in December

December 24, 2015 The Philippines economy continued to expand at a sharp rate during December. At 80.6, unchanged from its November value, the World Economics Headline Sales Managers’ Index (SMI) signalled a sustained rate of economic expansion.

Conference Board LEI for India decreased in November

December 24, 2015 The Conference Board Leading Economic Index (LEI) for India decreased 0.5 percent in November to 103.0 (2010 = 100), following a 1.0 percent increase in October and a 0.7 percent decline in September.

Development banks working together to optimize balance sheets

December 24, 2015 The African Development Bank (AfDB), the Inter-American Development Bank (IADB) and the International Bank for Reconstruction and Development (IBRD) have approved an innovative framework agreement for an exchange of sovereign exposures.