Spanish growth at five-year high
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A booming construction sector means Spain is growing at its fastest annual rate in five years, figures show.
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A survey conducted by the Brazilian Census Bureau indicates the country&#39;s economy expanded by 5.7 percent in the second quarter, exceeding analysts&#39; expectations.
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Mexico's economy expanded last year at its fastest pace since late 2000.
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The Asian Development Bank has raised its growth forecast for Philippine economy to between 4.7 percent and 5.7 percent both for 2004 and 2005, higher than the 4.5 percent to 5.5 percent growth projection it made in April.
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The euro-zone economy grew by 0.5 percent in the second quarter of 2004, a touch slower than in the first three months of the year, according to initial estimates released Tuesday by the European Union.
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Spain posted a budget surplus for a third consecutive year, topping 2.0 percent of gross domestic product for 2007, Prime Minister Jose Luis Rodriguez Zapatero said Saturday.
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For the typical retirement plan investor, the stake in foreign equities has more than tripled over the past five years.
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MANILA (Dow Jones)--Election-related spending and a resilient services sector spurred the Philippine economy to grow more strongly than expected in the
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Trade through the Port of New York, which was shrinking or flat a decade ago, has grown faster in the last five years than at any point since just after World War II.
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The expansion unexpectedly accelerated last month to the highest level in more than a year, a sign the economy is strengthening.
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Bank's main rate up to 5.75%, highest in six years.
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The Philippine economy is growing at its fastest rate in 17 years, boosted by all major economic sectors.
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Spain should grow at a 3.O percent pace over coming years, generating enough jobs to bring down unemployment, a key concern, Socialist Prime Minister Jose Luis Rodriguez Zapatero said Wednesday as all eyes turn to general elections in March.
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The cost of borrowing headed higher as yields on the 10-year Treasury note hit a five-year high, climbing to 5.248 percent.
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Long-suffering server maker sees revenue gains after five years of declines.
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Britain's economy grew at a two-year high during the second quarter compared with the first three months of 2006, according to unrevised official data.
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Led by higher food and energy costs, inflation in Spain accelerated to the fastest rate in more than a decade in December even after economic growth slowed.