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Economy : Page 932

Moody's upgrades South Korea's sovereign rating

December 21, 2015
Global rating agency Moody's upgraded South Korea's sovereign credit rating by one notch to Aa2, the third-highest in Moody's rating tier.

World Bank keeps 2015 growth projections for Russia

December 21, 2015
The World Bank has updated its economic outlook for Russia for 2015-2017 to reflect a recent downward adjustment in oil prices.

London regains lead on current and future house price sentiment

December 21, 2015
Households across the UK perceived that the value of their home rose in December, according to the House Price Sentiment Index (HPSI) from Knight Frank and Markit Economics.

ESRI predicts strong Ireland's GDP growth to continue into 2016

December 21, 2015
Economic growth is expected to be strong in 2015 and 2016, with Ireland’s Gross Domestic Product (GDP) forecast to grow by approximately 6.7 percent in 2015 and 4.8 percent in 2016.

Morocco's macroeconomic situation improved, country to grow 4.7%

December 19, 2015
Morocco's economy should grow 4.7% in 2015, according to a report released by the International Monetary Fund (IMF).

Stockholm's economy beats national growth rate in Q3

December 19, 2015
Businesses in the Swedish capital Stockholm enjoyed a strong third quarter as unemployment dropped, according to new figures.

Bank of Japan surprises with new steps to boost economy

December 19, 2015
The Bank of Japan surprised, deciding to expand the scope of its asset purchase program in a move to enhance its already massive monetary easing to keep the nation's fragile economic recovery on track.

Conference Board Leading Economic Index for U.S. increased

December 18, 2015
The Conference Board Leading Economic Index (LEI) for the U.S. increased 0.4 percent in November to 124.6 (2010 = 100), following a 0.6 percent increase in October, and no change in September.

Mexico raises key interest rate

December 18, 2015
Mexico's central bank raised its key interest rate for the first time in seven years to protect the peso after the U.S. Federal Reserve hiked its own benchmark rates.

German business confidence slips slightly below expectations

December 18, 2015
The Ifo Business Climate Index for Germany edged down to 108.7 in December from 109 in November of 2015, slightly below market expectations.

Financial pressures in UK ease to weakest in five months

December 18, 2015
UK households reported sustained pressure on their finances during December, albeit to the least extent since July.

India's SMI rounds off strongest quarter on record

December 18, 2015
Up to 69.8 in December from 69.2 in November, the World Economics Headline Sales Managers' Index (SMI) for India.
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