Tag: spending
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Trump says US position on Falklands ‘one of many’ under review
The UK says Falkland islanders “are British with a right to determine their own future”.
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South Korea proposes record $597 billion 2027 budget to supercharge AI investment
SEOUL, Sept 1 : South Korea on Tuesday unveiled its most aggressive fiscal spending plan on record, setting total government expenditure for 2027 at 821 trillion won ($596.92 billion) to strengthen the country’s technological edge amid the global AI race. In its annual budget proposal, the budget ministry sai
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Japan capital spending gathers pace, bolstering economic outlook and BOJ hike case
TOKYO, Sept 1 : Japanese companies increased their pace of spending on plant and equipment in April-June, a sign of business confidence that could prompt an upgrade to the economic growth outlook and support the case for near-term rate hikes by the Bank of Japan.Capital spending in the second quarter ros
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Japan corporate capex rises 1.6% on year in April-June
TOKYO, Sept 1 : Japanese corporate spending on plant and equipment rose 1.6 per cent in April-June versus the same period a year earlier, Ministry of Finance data showed on Tuesday, signalling domestic demand was underpinning the economy.The result, which will be used to calculate revised gross domestic produ
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Nvidia rises after signaling longer AI spending runway
Aug 27 : Nvidia shares rose about 6 per cent before the bell on Thursday as investors embraced the chipmaker’s strong long-term outlook, betting that a global race to build AI infrastructure will fuel years of rapid growth despite concerns about supply bottlenecks and financial ties with customers.The world’s
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L’Oreal, Estée Lauder: India’s Gen Z are driving up a mega boom in its beauty market
E-commerce, rising income levels and the world’s largest youth population are fuelling India’s beauty boom.
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China’s recovery sputters as consumption, output lose steam
BEIJING: China’s economy lost momentum at the start of the second half, with industrial output and retail sales slowing as extreme weather disruptions and persistently weak domestic demand renew pressure on policymakers to step up stimulus.The disappointing data, following second-quarter growth that cooled to
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Japan Q2 growth misses forecasts on weaker spending, investment
TOKYO: Japan’s economy grew at a slower-than-expected pace in April-June, government data showed on Monday (Aug 17), as lacklustre household spending and business investment partly offset the impact of strong exports.Gross domestic product rose 1.1 per cent increase in annualised terms, missing a median marke
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Japan June household spending falls unexpectedly
TOKYO, Aug 7 : Japanese household spending dropped unexpectedly in June from a year earlier, government data showed on Friday, for a seventh straight month of decline. • Consumer spending fell 3.3 per cent year-on-year, data from the internal affairs ministry showed, exceeding the median market forecast
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