Business & Finance - Statistics
Coronavirus sinks U.S. consumer spending; savings hit record high
May 30, 2020Together with the news that monthly exports collapsed, the report left economists anticipating the largest contraction in gross domestic product in the second quarter...
Japan’s jobless rate rises to 2.6% in April: government
May 29, 2020The seasonally adjusted unemployment rate was 2.6% in April, up from 2.5% in March, figures from the Ministry of Internal Affairs and Communications showed. TOKYO:...
India’s economy seen slowing rapidly in March quarter, with worse to come
May 29, 2020Economists expect the fiscal year that began in April will see the worst economic contraction in four decades. NEW DELHI: Gross domestic product data out...
Japan’s factory, retail sectors slump as pandemic hits auto sector
May 29, 2020That was a much larger decline than the 5.1% drop in a Reuters forecast. TOKYO: Japan’s factory output slid faster-than-expected and retail sales tumbled the...
Slump in consumption, exports push Germany into recession in first quarter
May 25, 2020The Federal Statistics Office said capital investments fell by 6.9%, private consumption by 3.2% and exports by 3.1% between January and March compared with...
Tesla’s China car registrations plunge 64% month-on-month in April
May 19, 2020Tesla’s China registrations, including imported cars, fell to 4,633 units from 12,709 units in March. U.S. electric vehicle maker Tesla Inc’s China car registrations slumped...
Japan braces for worst postwar slump as economy tips into recession
May 18, 2020Analysts warn of an even bleaker picture for the current quarter as consumption crumbled after the government in April requested citizens to stay home...
US reports record $738 billion budget deficit in April
May 13, 2020The fiscal year-to-date deficit surged to $1.48 trillion compared to a $531 billion deficit in the comparable period in 2019. WASHINGTON: The United States on...
China’s factory deflation deepens as pandemic hits demand
May 12, 2020Data released last week showed China’s exports unexpectedly grew in April from a year earlier, although a sharper-than-expected decline in imports signalled weak domestic...
Coronavirus pandemic sets Japan on course for deep recession
May 10, 2020Household spending slumped 6.0% in March from a year earlier following a 0.3% fall in February, marking the biggest drop in five years, government...