Page 3 - Global Economic Recovery

Gripped by greed, emerging markets turn to the US Fed for next spur

Bloomberg's Fear-Greed indicator for the MSCI developing-nation stock gauge climbed to its highest in almost a decade, a sign that gains may have been excessive

Lockdowns in 2021 threaten to slow first-quarter earnings recovery globally

A major chunk of the global recovery in firms' earnings expected in first quarter is at risk of being pushed back further as lockdowns cloud hopes of a swifter economic rebound, investment banks said

Will the bull keep running?

The global setting is perfect for equities, but investors should have one eye on factors that could rattle the markets

China's export growth seen slowing in December; imports steady: poll

Demand from coronavirus-hit trading partners cooled, while imports held steady, a Reuters poll showed

Indian economy to rebound with 8.9% growth in fiscal 2022: IHS Markit

The GDP contracted by a record 23.9 per cent in the April-June quarter, the contraction came down to 7.5 per cent in the September quarter

Asian stocks hit fresh records on hopes for global recovery later in 2021

Asian shares rose to record highs on Friday as investors looked beyond rising coronavirus cases and political unrest in the US to focus on hopes for an economic recovery later in the year

Out of cash, but airlines try ultra-cheap fares to get people flying again

2021 is shaping up to be a transition year for an enterprise that takes passengers on the equivalent of 208 million annual trips around the globe

US, Japan set for recovery in second half of 2021, IMF chief economist says

Economic stimulus approved in the US and Japan at the end of last year will help to power a recovery in their economies in the second half of 2021, IMF chief economist Gita Gopinath said on Wednesday

World Bank says it expects the global economy to expand by 4% in 2021

The global economy is expected to expand by 4 per cent in 2021, assuming an initial Covid-19 vaccine rollout becomes widespread throughout the year, the World Bank has said

India witnessing 'V-shaped' economic recovery since June: FinMin Report

The easing of restrictions on economic activities was a key driver, said a Finance Ministry report

Sri Lankan Central Bank projects 3.9% economic contraction due to Covid

The Central Bank of Sri Lanka on Monday projected an economic contraction of 3.9 per cent for the financial year 2020 due to the Covid-19 pandemic

China's manufacturing recovery rate softens in December: Surveys

China's manufacturing activity improved in December but at its weakest rate in three months as the economy recovered from the coronavirus pandemic while its trading partners struggled with rising infections, according to two surveys. A monthly purchasing managers index issued Monday by a business magazine, Caixin, slipped to 53 from Novembers 54.9 on a 100-point scale on which numbers above 50 show activity expanding. A separate PMI by an official industry group, the China Federation of Logistics & Purchasing, declined to 51.9 from the previous months 52.1. China is the only major economy on track to record positive economic growth in 2020 while the United States and Europe struggle with rising case numbers that have prompted governments to re-impose travel and business controls. Sub-indexes of exports and employment in both surveys rose but at a slower rate than December. We expect the economic recovery in the post-epidemic era to continue for several months, economist Wang Zhe .

Asian factories shake off Covid-19 hit, tighter controls cloud outlook

Asian factory activity expanded moderately in December thanks to robust demand in regional giant China, business surveys showed on Monday

Global debt to hit $200 trillion, but no major crisis anytime soon: S&P

LONDON (Reuters) - Global debt is set to reach $200 trillion, or 265% of the world's annual economic output, by the end of the year, S&P Global has forecast - although it doesn't expect a crisis any time soon.

Australia's economy rebounds sharply in third quarter from Covid recession

Australia's economy rebounded sharply in the third quarter from a coronavirus-induced recession as consumer spending surged

Covid-19 pandemic could disrupt global recovery, says IMF director

"The bottom line is that we can build the impetus for growth, jobs and address climate change far more effectively if we work together," she wrote

Japan machinery orders fall, clouding outlook for capital spending recovery

Japan's core machinery orders fell for the first time in three months in September and at a faster than expected pace

Toyota profit forecast more than doubles amid China pandemic rebound

Toyota more than doubled its full-year operating profit forecast, as vehicle sales rebound in China from a pandemic squeeze earlier this year that contributed to a 24% slide in second-quarter earnings

Global economic recovery slowing from a bounce to a grind: Economists

Policy makers could dial back the fiscal support that's been key to recovery -- as they've already done in the US

Global economic recovery may take five years: World Bank chief economist

"There will probably be a quick rebound as all the restriction measures linked to lockdowns are lifted, but a full recovery will take as much as five years," Carmen Reinhart said