account surplus

IMF lowers 2012 growth outlook for South Korea


September 21st, 2012 - 2:22 pm ICT by IANS
Seoul, Sep 21 (IANS) The International Monetary Fund (IMF) lowered Friday its 2012 economic growth outlook for South Korea to 3 percent from 3.5 percent estimated in April, citing the ... Read more...

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South Korea’s current account surplus hits new high


August 29th, 2012 - 1:11 pm ICT by IANS
Seoul, Aug 29 (IANS) South Korea's current account surplus hit a new high last month as imports contracted at a faster pace than exports, data by the central bank showed ... Read more...

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South Korea’s current account posts surplus


July 27th, 2012 - 1:59 pm ICT by IANS
Seoul, July 27 (IANS) South Korea's current account balance posted a surplus of $5.84 billion last month, keeping its surplus for five months in a row, the central bank said ... Read more...

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China’s economy on path for soft landing: IMF (Lead)


July 25th, 2012 - 2:56 pm ICT by IANS
Washington, July 25 (IANS) China's economy may be undergoing a soft landing despite growing global headwinds, and China is well placed to respond to possible deterioration of external environment, the ... Read more...

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Japan’s current account surplus falls


July 9th, 2012 - 3:01 pm ICT by IANS
Tokyo, July 9 (IANS) Japan's current account surplus fell 62.6 percent in May from a year earlier to 215.1 billion yen, according to a report released by the government Monday.The ... Read more...

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Bangladesh’s current account surplus rises


July 9th, 2012 - 1:56 pm ICT by IANS
Dhaka, July 9 (IANS) Bangladesh's current account balance recorded a surplus of $754 million in July-May period of the 2011-12 fiscal ended last month, a central bank official said.Quoting Bangladesh ... Read more...

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Japan’s current account surplus drops


June 8th, 2012 - 12:59 pm ICT by IANS
Tokyo, June 8 (IANS) Japanese government said Friday that the nation's current account surplus declined 21.2 percent in April from a year earlier to 333.8 billion yen (about $4.2 billion). ... Read more...

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Japan’s fiscal-year current account surplus falls


May 10th, 2012 - 2:12 pm ICT by IANS
Tokyo, May 10 (IANS) Japan's current account surplus in fiscal 2011 ending in March plunged 52.6 percent on year to mark the sharpest fall since comparable data was collected in ... Read more...

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South Korea’s economic growth to slow in 2012: ADB


April 13th, 2012 - 1:35 pm ICT by IANS
Seoul, April 13 (IANS) South Korea's economic growth was expected to slow to 3.4 percent this year as economic downturn in advanced nations may hamper the country's exports, which account ... Read more...

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Japan’s 2011 current account surplus falls


February 8th, 2012 - 2:40 pm ICT by IANS
Tokyo, Feb 8 (IANS) Japan's current account surplus in 2011 fell 43.9 percent, a record drop since 1985, said the government Wednesday.According to the data released by the finance ministry, ... Read more...

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South Korea’s current account surplus contracts


January 30th, 2012 - 3:19 pm ICT by IANS
Seoul, Jan 30 (IANS) South Korea's current account surplus contracted to a three-month low last month as the travel-related service deficit widened despite brisk exports of major export items, the ... Read more...

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Developing Asia’s recovery from crisis taking firm hold, says ADB


April 13th, 2010 - 2:34 pm ICT by ANI
Hong Kong (China), Apr.13 (ANI): Developing Asia's strong recovery from the effects of the global economic crisis is expected to continue through the next two years, the Asian Development Bank (ADB) says ... Read more...

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Japan’s current-account surplus rose 76.9 percent in November


January 12th, 2010 - 1:06 pm ICT by IANS
Tokyo, Jan 12 (DPA) Japan's current-account surplus climbed 76.9 percent in November from a year earlier to 1.1 trillion yen ($12 billion), due to a steady rise in exports to other Asian ... Read more...

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South Korea expects record current-account surplus for 2009


December 29th, 2009 - 12:35 pm ICT by IANS
Seoul, Dec 29 (DPA) South Korea posted a current-account surplus of $41.2 billion in the first 11 months of this year and was expected to book a record figure for the year, ... Read more...

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Summary of Economic Survey 2008-09


July 2nd, 2009 - 3:49 pm ICT by ANI
New Delhi, July 2 (ANI): The speed with which the Indian economy returns to the high growth path in the short term depends on the revival of the economy, particularly the US ... Read more...

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Japan’s current-account surplus shrinks for first time in 7 years


May 13th, 2009 - 10:47 am ICT by IANS
Tokyo, May 13 (DPA) Japan's current-account surplus narrowed for the first time in seven years for the year ending March 31, after the global economic downturn caused sharp decline in exports, the ... Read more...

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IMF expects India’s growth to slow markedly in 2009


May 7th, 2009 - 9:22 pm ICT by IANS
Washington, May 7 (IANS) With the global economic crisis hitting Asia hard, the International Monetary Fund (IMF) expects India's growth to slow markedly in 2009 before starting to rebound toward year end. "The ... Read more...

Posted in World |

GCC Chambers call for more comprehensive aid package


March 17th, 2009 - 12:04 pm ICT by ANI
Nicosia, Mar 17 (ANI): The Federation of Gulf Cooperation Council (GCC) Chambers of Commerce and Industry have urged the governments of the six states to adopt a more comprehensive aid package ... Read more...

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Japan logs first current account deficit in 13 years


March 9th, 2009 - 2:16 pm ICT by IANS
Tokyo, March 9 (Xinhua) Japan logged its first current account deficit in 13 years in January of 172.8 billion yen ($1.8 billion), the Finance Ministry data showed Monday. It was the first current ... Read more...

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Japan’s current account surplus plunges 56.5 percent


December 8th, 2008 - 4:32 pm ICT by IANS
Tokyo, Dec 8 (Xinhua) Japan's current account surplus shrank for an eighth consecutive month in October, plummeting by 56.5 percent year-on-year to 960.5 billion yen (410.36 billion), the finance ministry said Monday. ... Read more...

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China capable of handling hot money


July 22nd, 2008 - 3:28 pm ICT by IANS
Xinhua Beijing, July 22 (Xinhua) China can tackle the enormous speculative funds, called "hot money", caused by floods of overseas capital into the country, International financial consultancy firm JP Morgan said Monday. The ... Read more...

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China battles ‘hot money’


July 6th, 2008 - 9:05 am ICT by IANS
Xinhua Beijing, July 6 (Xinhua) China has taken a series of increasingly aggressive measures in the past several months to offset the impact of so-called "hot money," amid runaway growth of its foreign ... Read more...

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Airport industry to witness boom in the Gulf region


May 27th, 2008 - 7:16 pm ICT by admin
Abu Dhabi, May 27 (IANS) A buoyant economy and rapid expansion of Gulf countries' state-owned airlines are leading to a boom in the airport development industry in the Middle East, according to ... Read more...

Posted in World |

Saudi current account surplus reaches record level of 95.5 billion dollars


November 14th, 2007 - 10:22 am ICT by admin
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