Philippine Economic Growth Moderates In Q1

The Philippine economy expanded at a slower pace in the first quarter but remained strong on investment and household spending. Gross domestic product registered a slower growth of 6.4 percent after rising 7.1 percent in the fourth quarter of 2022,…

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Indonesia GDP Growth Tops Expectations

Indonesia’s economy expanded at a faster-than-expected pace in the first quarter on the back of robust household spending and foreign demand, official data revealed on Friday. Gross domestic product grew 5.03 percent on a yearly basis in the first quarter,…

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Clariant Q1 Sales Down 5%; Backs FY Outlook

Swiss specialty chemicals firm Clariant AG (CLZNY.PK) reported first quarter 2023 sales of 1.200 billion Swiss francs, compared to 1.262 billion francs in the first quarter of 2022. This corresponds to an increase of 1% in local currency and 5%…

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China Manufacturing Sector Shrinks On Weak Demand

China’s manufacturing activity contracted for the first time in three months in April reflecting a renewed drop in new business and employment, survey data released by S&P Global showed on Thursday. The Caixin manufacturing Purchasing Managers’ Index dropped to 49.5…

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Treasury seeks legal advice on PwC tax leaker

Save articles for later Add articles to your saved list and come back to them any time. Treasurer Jim Chalmers has said the federal government is prepared to take further action against PwC if necessary over a leak of confidential…

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Eurozone Unemployment Rate Hits Fresh Record Low

Euro area unemployment rate dropped to a fresh record low in March despite the 20-nation currency bloc experiencing a modest economic growth. The jobless rate slid to 6.5 percent in March from 6.6 percent in February, data from Eurostat showed…

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