Monthly archive September, 2022

Industrial output in South Korea was down a seasonally adjusted 1.8 percent on month in August, Statistics Korea said on Friday.Original Article Read More →

The Commerce Department released its third estimate of U.S. economy activity in the second quarter on Thursday, showing the decrease in gross domestic product was unrevised from the previous estimate.Original Article Read More →

A report released by the National Association of Realtors on Wednesday showed pending home sales in the U.S. fell for the third straight month in August, with the decrease exceeding economist estimates. NAR said its pending home sales index dove Read More →

Consumer confidence in the U.S. improved much more than expected in the month of September, the Conference Board revealed in a report released on Tuesday. The Conference Board said its consumer confidence index climbed to 108.0 in September from an Read More →

The World Bank downgraded its growth projections for the East Asia and the Pacific region as the zero-COVID approach dampened China's economic growth, while most of the other countries of the region rebounded in the first half of 2022. The Read More →

China's central bank ramped up measures to safeguard the yuan from further depreciation on Monday as the U.S. Dollar continued to strengthen on the Federal Reserve's tightening stance. The People's Bank of China decided to raise the risk reserve requirement Read More →