Singapore's industrial output gains 12.4% in February

Source: RTT News
Industrial production in Singapore increased significantly in February rising by double-digit figure and by much more than initially estimated, a report published by the Economic Development Board unveiled on Wednesday. According to the report, Singapore's industrial output gained 12.8% in February after jumping by 4.4% in the month before.

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Wed, 26 Mar 2014 18:28:06 GMT

Russian GDP may slow down on Ukraine's tension

The gross domestic product of the Russian economy may slip into a notable contraction this year and possibly the next one as the geopolitical tension with its neighbouring Ukraine worsen, the World Bank said on Wednesday. The bank predicts a scenario where the Russian GDP slows to 1.1% this year with a modest pick-up in the following year to 1.3%.

Wed, 26 Mar 2014 18:06:05 GMT

U.S. consumer confidence advances in March

Consumer confidence in the world's economy largest economy increased in March rising by more than experts originally estimated, the Conference Board showed in a report on Tuesday. According to the report, the U.S. consumer confidence index gained from February's level of 78.3 points to a level of 82.3 in the following month.

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