Thursday, October 23, 2014   

WTO raises 2014 global trade growth forecast to 4.7pc
(04-14 19:04)

The World Trade Organization on Monday raised its forecast for global trade growth in 2014 to 4.7 percent, from its previous prediction of 4.5 percent.
The predicted growth is more than double the rate of 2.1 percent in 2013 but remains below the 20-year average of 5.3 percent and well below the pre-crisis trend of 6 percent (1990-2008), said WTO in a report.
The 2014 global trade forecast was based on an assumed 3 percent growth in world's gross domestic product at market exchange rates, said the watchdog of international trade. --Xinhua   
Other Business breaking news:
Heineken Q3 sales dip, but toasts 2014 outlook (10-22 18:38)
Boeing and Chinese firm to turn 'gutter oil' into jet fuel (10-22 18:37)
EU's Juncker promises careful look at US trade deal (10-22 18:25)
Apple chief meets Chinese official amid iCloud hacking row (10-22 17:25)
Shaky Japanese economy hit by growing trade deficit (10-22 17:19)
Bank of England keeps rates steady (10-22 17:02)
Hang Seng finishes higher (10-22 16:23)
Soft Australian inflation supports low interest rates (10-22 13:17)
Hang Seng up by lunch (10-22 13:01)
Nikkei bounces back by break (10-22 11:13)

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.