ECONOMY & MARKETS

An auto manufacturing plant in China

Global Economic Recovery Unlikely In Q4

The global economy continues to recover at a subdued rate at the beginning of the fourth quarter with the growth in the service industries remaining undermined by the contraction in the manufacturing sector.

Black Friday Approaches With Plenty Of Deals And Plenty Of Leaks

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Black Friday, that day that gets thousands to line up in the cold for a chance at scoring some deep discounts, is fast approaching and many deals have already been leaked. Should retailers be concerned about these leaked deals in the weeks leading up to Black Friday?
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South Korea’s M2 Money Supply Growth Slows Down In September

South Korea's M2 Money Supply grew at a slower rate in September than in the previous month, indicating that more monetary easing policies are necessary to increase the amount of currency in circulation, which in turn can result in reviving the country’s economic growth.
A picture illustration shows Japanese 10,000 yen notes featuring a portrait of Yukichi Fukuzawa, the founding father of modern Japan, taken in Tokyo

Japan’s Leading Economic Indicator Index Falls In September

Japan’s leading index, a composite index based on 12 economic indicators designed to predict the future direction of the economy, fell in September from the previous month, indicating a continuing decline in the country's economic condition.
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Philippines Inflation Rate Slows To 3.1% In October

The Philippines' rate of inflation continued to decrease in October from the previous month, indicating that the country’s inflationary pressures are well contained, providing room for further monetary easing policy measures required to boost economic growth.
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India Service Sector PMI Growth Drops To Six-Month Low

India's service sector recorded its slowest growth in six months as the economic slowdown in the U.S. and Europe resulted in a slump in new orders, the latest HSBC Purchasing Managers’ Index data released Monday show.
Yen banknote

Japan’s Monetary Base Rises 10.8% In October

Japan's monetary base rose in October compared to that in the previous month, indicating that the monetary easing policies are leading to an increase in the amount of currency in circulation, which in turn results in reviving economic growth.

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