German business sentiment index edges up, government trims 2005 forecast
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A closely-watched index of German business sentiment barely rose in October, showing that the current recovery in Europe's largest economy lacks the strength of previous upswings.
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German business confidence unexpectedly spiked in December, raising hopes for an overall European economic rebound, the Financial Times reported.
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German business confidence appeared to stabilise somewhat in September, with the widely watched Ifo business climate index slipping only fractionally this month, the Ifo economic research institute said.
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Economic growth could reach 2.5 percent this year, a German minister said in remarks published Sunday, among the most optimistic forecasts yet for Europe's largest economy.
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German business sentiment fell in September for the fifth month in a row, a survey showed Tuesday, with analysts saying it indicated a clear downward turn in the eurozone&#39;s biggest economy.
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Germans enter the New Year with half of them worrying about economic prospects, a survey reported on Thursday.
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Japanâs most closely watched business sentiment barometer rose to its highest in 13 years in September but the outlook for the coming months dimmed, underscoring concern that the economic recovery is losing steam.
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German business confidence posted a surprise gain in January, a key survey showed Thursday, amid worries that the US economy was heading into a recession.
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Japan's Nikkei average edged up 0.26 percent by midsession on Wednesday after the Bank of Japan's quarterly "tankan" survey showed a weakening of corporate sentiment that was in line with expectations.
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Germany's trade surplus widened in November, despite the increased strength of the euro, as exports to other European Union countries rose, according to government figures released Monday.
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Germany's jobless rate rose to nearly 11 percent in December, the government's labor office said Tuesday, the same day that France said its growth stalled in the third quarter.
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Surging oil prices are weighing on business sentiment in Germany, the eurozone's biggest economy, a new poll showed.
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German economic growth picks up but analysts doubt the recovery is sustainable.
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BERLIN - German investor confidence posted a surprise jump in December as relief over falling oil prices helped to offset concerns about the impact of a surging euro on growth in Europe&#39;s biggest economy.
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MUNICH - German business confidence recorded a surprise jump in December, a survey of 7,000 executives released on Friday showed, rebounding to its highest level in eight months and underscoring optimism that Europe&#39;s biggest economy will remain on a
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German consumer confidence has risen unexpectedly before Christmas, figures from researchers GfK show.
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German investor confidence rises in December after touching a 13-year low in November.