Friday, April 25, 2014   

French economy shrinks
(12-24 16:48)

The French economy contracted 0.1 percent in the third quarter of 2013, the statistics body INSEE confirmed Tuesday, but it is expected to post 0.4-percent growth for the fourth quarter.
GDP growth in the second quarter was slightly above the forecast, at 0.6 percent instead of 0.5 percent.
The INSEE growth forecast for the fourth quarter, first announced last week, wards off the threat of a double dip recession in the euro zone's second economy.
INSEE predicted growth of 0.2 percent for the whole of 2013.—AFP

Other Business breaking news:
China jobless rate at 4pc (26 mins ago)
Singapore home prices down in first quarter (33 mins ago)
Nikkei up at mid-day (1 hr 12 mins ago)
European equities rebound (04-24 19:13)
Spain cuts jobless rate to 25.73pc (04-24 18:15)
Bitcoin exchange MtGox to start liquidation process: lawyer (04-24 17:50)
Canon sees profit up on weak yen (04-24 17:36)
Draghi wants to publish ECB minutes (04-24 17:35)
Large Scania shareholder accepts Volkswagen bid (04-24 16:43)
German business confidence up in April (04-24 16:40)

More breaking news >>

© 2014 The Standard, The Standard Newspapers Publishing Ltd.
Contact Us | About Us | Newsfeeds | Subscriptions | Print Ad. | Online Ad. | Street Pts


Home | Top News | Local | Business | China | ViewPoint | CityTalk | World | Sports | People | Central Station | Spree | Features

The Standard

Trademark and Copyright Notice: Copyright 2014, The Standard Newspaper Publishing Ltd., and its related entities. All rights reserved.  Use in whole or part of this site's content is prohibited.   Use of this Web site assumes acceptance of the
Terms of Use, Privacy Policy Statement and Copyright Policy.  Please also read our Ethics Statement.