Singapore&#39;s GDP Shrinks Annual 2.3% in 3rd Quarter
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Singapore&#39;s economy unexpectedly shrank in the third quarter, ending a year of expansion, as record oil prices curbed overseas sales of companies including Chartered Semiconductor Manufacturing Ltd.
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The Commerce DepartmentÂs revised estimates for the third quarter show gross national product expanding at a 2.2 percent annual rate.
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TOKYO  - Japan's economy shrank 0.1 per cent during the quarter ended Dec. 31, the government said Wednesday, as numbers were revised to show three straight quarters of contraction.
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The Q3 report shows declining numbers, but there's more to the story.
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SINGAPORE Singapore&#39;s unemployment rate fell to its lowest in more than three years in the third quarter, the government said Monday, as manufacturers and service companies increased investment in the city-state, creating new jobs.
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WASHINGTON : A closely watched index of future economic activity fell for a third straight month, suggesting a tepid pace of growth for the world&#39;s largest economy, analysts said.
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China&#39;s economic growth has slowed for a third straight quarter as efforts by the government to rein in booming expansion continue to take hold.
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The US economy grew at an annual rate of 2.2 percent in the fourth quarter, slower than the government first estimated, as companies stepped up efforts to curb inventories.
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It was the third annual decline, though it was smaller than those seen in the previous two years. &quot;Nearly 7.4-million people reported just over $30.
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The Australian government Tuesday revised down its forecast for gross domestic product next year to 3 percent. In May, the government had projected GDP for the fiscal year ending June 30, 2005, to reach 3.5 percent.
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HONG KONG (Dow Jones)--Hong Kong&#39;s economy began a widely anticipated slowdown in the third quarter of 2004, according to official figures issued Friday, as consumers started to cut back on spending in the face of growing uncertainties.
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WASHINGTON - The US economy grew by less than initially projected between April and June, coming in at an annual rate of 2.8 per cent.
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Official figures show that Singapore's economy shrank over the summer, weighed down by soaring oil prices.
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Singapore&#39;s unemployment rate fell in the third quarter of 2004 as job creation increased in tandem with the city-state&#39;s strong economic growth, the government said Monday.
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New data shows third-quarter slowdown in euro-zone growth
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The British economy braked sharply in the third quarter when growth slowed to 0.4 percent, the weakest pace for over a year, as a string of interest rate rises took effect, official figures showed.
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The US economy grew at an annual rate of 3.3 percent in the spring, the government reported Wednesday. That was significantly better than a previous estimate but still the weakest showing in more than a year.