Economy : Page 938

Stable outlook for APAC power utilities thanks to steady demand, low costs

December 5, 2015 Moody's Investors Service says that its stable outlook for the power sector in Asia Pacific (ex-Japan) is underpinned by steady demand, low input costs for most countries and transparent tariff mechanisms for some countries.

Moody's: Stress in commodity sectors will be key credit hazard in 2016

December 5, 2015 The global commodity downturn is exceptionally severe in its depth and breadth and is expected to be a substantial factor driving the number of defaults higher on a global basis in 2016, says Moody's Investors Service.

Americas SMI signals modest albeit slower economic activity

December 4, 2015 Business conditions across the Americas continued to improve at a modest, yet slower, pace during November, according to the latest survey data compiled by World Economics.

Economic benefits of structural reforms may be smaller than reported

December 4, 2015 While structural reforms can boost a country's GDP growth and living standards, their economic benefits and potential impact on credit strength may be smaller than is commonly believed, Moody's Investors Service said.

German regions will benefit from solid revenue growth and declining debt

December 4, 2015 German regions (Laender) will continue to register solid revenue growth in 2016, which will spur a decline in debt levels, driving a positive outlook, says Moody's Public Sector Europe.

Global manufacturing growth remains soft in November

December 4, 2015 At 51.2 in November, the J.P.Morgan Global Manufacturing PMI, a composite index1 produced by J.P.Morgan and Markit in association with ISM and IFPSM, was broadly unchanged from the five-month high of 51.3 reached in October.

Industry in Brazil had worst October since 2013

December 4, 2015 The Brazilian processing industry saw its main indicators drop to the lowest levels for an October since 2013, according to the National Confederation of Industry.

China's growth stabilising after long slowdown

December 4, 2015 The Headline Sales Managers’ Index for November registered a value of 51.6, unchanged from its value in October.

Canadian Q3 GDP up 0.6%, growth driven by international demand

December 3, 2015 Canadian real gross domestic product (GDP) rose 0.6% in the third quarter, following two consecutive quarterly declines.

Emerging market currencies to perform better in 2016

December 3, 2015 Emerging market equities and currencies have already priced-in the impact of the forthcoming normalisation of interest rates by the U.S. Federal Reserve.

Australian economy grows 0.9 percent

December 3, 2015 Latest Australian Bureau of Statistics (ABS) figures show that GDP, in seasonally adjusted chain volume terms, grew 0.9 percent in the September quarter 2015.

Construction output growth slows in UK in November

December 3, 2015 Growth momentum softened across the UK construction sector in November, with output, new business and employment all rising at slower rates than in the previous month.