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  1. Australia Consumer Sentiment Weakest Since mid 2015

    by , 10-09-2019 at 06:00 PM
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    Australia's consumer confidence weakened to the lowest level in more than four years in October despite interest rate reductions, survey results from Westpac showed Wednesday. The Westpac-Melbourne Institute Index of Consumer Sentiment dropped to 92.8 in October from 98.2 in September. This was the lowest score since July 2015.

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  2. World Bank Downgrades Global Growth - forecast to be 2.9 percent this year, instead of the 3.3 percent projected

    by , 01-15-2016 at 01:31 AM
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    The World Bank trimmed its global growth outlook, citing anemic recovery in major emerging markets, although it suggested that overall growth will improve from last year, underpinned by advanced economies. Global economic growth is forecast to be 2.9 percent this year, instead of the 3.3 percent projected in June, the Washington-based lender said in its bi-annual Global Economic Prospects.

    "There is greater divergence in performance ...
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