Japan Revises Q2 GDP Upward, Strengthening Case for BOJ Rate Hike
Japan has revised its second-quarter GDP growth upward to an annualized 1.4 percent, driven by improved capital expenditure and stronger wage gains. These positive economic indicators are bolstering arguments for the Bank of Japan to proceed with planned interest rate increases.
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Japan GDP in April-June revised up to 1.4% on narrower investment decline
TOKYO (Kyodo) -- Japan's economy expanded an annualized real 1.4 percent in the April-June quarter, revised up from a 1.1 percent increase in the prel
Read full article →Japan’s faster GDP, wage growth support BOJ interest-rate hike
The economy grew at a faster clip in the second quarter than initially estimated while wages jumped the most in nearly three decades in July.
Read full article →Japan revises Q2 GDP up to annualised 1.4% expansion
Read full article →Japan Q2 GDP beats forecast, supporting case for BOJ rate hike
By Investing.com
Read full article →China to pump $54bn into state banks and insurers to boost economy
China is pumping tens of billions of dollars into eight state-owned banks and insurance companies to help shore up the country's financial system and boost its slowing economy.
By Abubakar Ibrahim
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