Resilient economy sees New Zealand raise growth forecasts
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New Zealand has revised its growth forecasts upwards as reports out showed the economy was withstanding the current downturn better than expected.
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New Zealand&#39;s dollar may extend gains for a third week after reports on consumer spending and employment indicated the economy may not be slowing as fast as the central bank forecast.
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The UK's economic future looks stronger, helped by a greater-than-expected number of EU migrants, a think-tank says.
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US stock-index futures rose after comments from Federal Reserve Governor Susan Bies bolstered optimism the pace of economic growth may be sustained.
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U.S. stock futures soared on Friday,  indicating the market would open higher, after October jobs  data showed a higher-than-expected increase, a positive sign  for U.S. economic growth.
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The Asian Development Bank has revised up its economic growth forecast for Hong Kong this year to 7.5 per cent from the 6 per cent it projected in April, due to stronger than expected retail sales and the surge in tourist arrivals.
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The global economy is set for another   year of strong growth, the International Monetary Fund said on   Thursday, but it warned that rising inflationary pressures and   a slowing U.S. economy were growing dangers.
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A likely soft landing for the U.S. economy will not dent the recovery that is gathering pace in Europe, the OECD said Tuesday, raising its growth forecast for the 12 nations that use the euro while cutting predictions for the United States to reflect a housing-led slowdown.
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A likely soft landing for the U.S. economy will not dent the recovery that is gathering pace in Europe, the OECD said Tuesday, as it raised its growth forecast for the 12 nations that use the euro and cut its outlook for the United States.
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Exports help raise Q4 GDP to a stronger-than-expected 3.5%
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WASHINGTON -- The economy grew at its strongest pace in more than a year during the spring as solid improvements in international trade and business investment helped offset weakness in housing.
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Chancellor of the Exchequer Alistair Darling voiced confidence Monday that the country&#39;s economy can weather the storm surrounding the Northern Rock bank.
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Stocks rose on Tuesday after stronger-than-expected data on the services sector boosted optimism about U.S. economic growth and profits.
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But the Treasury chief says the economy is strong enough to weather the storm.
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New Zealand central bank Governor Alan Bollard raised the benchmark interest rate to a four-year high and said the sixth increase in 2004 may be the last as the economy slows and the local currency surges.
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The global economy is set for another   year of strong growth, the International Monetary Fund said on   Thursday, but it warned that rising inflationary pressures and   a U.S. economic downturn posed growing dangers.
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WASHINGTON (Dow Jones)--New Zealand Finance Minister Michael Cullen Sunday said one of the risks for the economy is a possible &quot;overshoot&quot; in monetary policy.