Singapore&#39;s Growth Slows in Third Quarter
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Singapore&#39;s economic growth slowed to 7.7 percent in the third quarter after a 12.5 percent rise in the previous three months, as its central bank said it would keep a tight rein on monetary policy to support growth amid rising oil prices.
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South Korea&#39;s economy may miss its 5 percent growth target for 2004 after expanding at its slowest pace in a year in the third quarter, the finance minister said.
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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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New figures reveal a slowdown in the UK economy in the third quarter, attributed to declining industrial production.
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Japan has said that corporate investment slowed from its recent breakneck pace in the three months to September, raising fears of a downgrade in economic growth for the quarter.
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The Commerce Department said Friday that the economy grew at a 3.7 percent annual rate in the third quarter  --  less than economists expected.
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BEIJING - Growth in China's economy slowed slightly in the third quarter, a sign that tightening measures were taking effect, the government said yesterday. Economists said the peak of the latest boom may have passed.
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New figures show Japan's economy is barely staying out of recession with annual growth of just 0.2% in the third quarter.
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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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Germany&#39;s recovery slowed in the third quarter as exports slipped, with the economy growing by 0.1 percent from the previous three months, according to government figures released Thursday.
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China's economic growth slows for a third straight quarter as efforts by the government to rein in booming expansion continue to take hold.
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US business productivity grew more slowly in the third-quarter than first thought, a government report showed on Tuesday, with other economic indicators also painting a mixed picture for growth.
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The economy grew at a 3.8 percent annual rate in the April-to-June quarter, slightly less robust than a previous estimate of a 4 percent growth rate.
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Business activity, capital spending  and hiring slowed in the third quarter in response to  tightening credit conditions and a rapidly deteriorating  housing market, an industry survey showed on Monday.
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The service sector of the economy showed slower growth in January, as the rate of expansion in both employment and inflation pressures softened, the Institute for Supply Management said Thursday.
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The U.S. economy grew at a  weaker-than-expected 3.1 percent annual pace in the final  quarter of 2004, its slowest since the beginning of 2003 as the  country's trade performance deteriorated and inflation picked  up, a government report on Friday showed.
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South Korean mobile phone makers continued a rapid move up the global market rankings during the third quarter, while growth in the wider mobile phone market slowed, a survey found on Wednesday.