Survey shows dip in German investor confidence amid mixed economic signalsOctober 13th, 2009 German investor confidence slips in OctoberFRANKFURT — German investor confidence dipped in October as mixed economic data suggested Europe's biggest economy will recover only slowly, a closely watched survey showed Tuesday. The ZEW institute said its monthly index, which gauges investors' outlook for the next six months, was down 1.7 points from September at 56 points.
India's job market strongest, says global placement reportSeptember 8th, 2009 NEW DELHI - Indian employers are the most optimistic about hiring, says a survey by global placement company Manpower Inc, and job seekers are likely to benefit from an active market through the end of the year. "With a Net Employment Outlook of +25 percent, Indian employers report the most optimistic forecast among all 35 countries participating in the survey," said the Manpower Employment Outlook Survey released Tuesday.
UAE economy to grow by three percentSeptember 7th, 2009 DUBAI - The United Arab Emirates (UAE) economy is expected to grow by at least three percent in 2009 despite the continuing global financial crisis, WAM news agency reported Monday quoting a senior minister. Minister of Foreign Trade Sheikha Lubna Al-Qasimi said the country's business councils, and local, regional and multinational companies were playing a crucial role in this growth.
Summary Box: Consumer sentiment improves, while home prices rise for first time in 3 yearsAugust 25th, 2009 Summary Box: Consumer sentiment, home prices upWHAT HAPPENED?: Consumer confidence improved more than expected in August, and a nationwide gauge of home prices rose for the first time in three years, a sign the housing sector is stabilizing. WHAT DOES IT MEAN?: Improved consumer sentiment and higher home prices could mean consumers will spend more in the coming months, providing a much-needed boost to the economy.
German investor confidence rose sharply in August, closely watched ZEW survey saysAugust 18th, 2009 German investor confidence up sharply in AugustFRANKFURT — Investor confidence in Germany, Europe's biggest economy, rose sharply in August as hopes grew that the economy will recover faster than previously expected, a closely-watched survey showed Tuesday. The ZEW Center for Economic Research in Mannheim said its monthly index, which measures investors' outlook for the next six months, rose to 56.1 points in August from 39.5 points in July — well above the historical average of 26.5 points.
Most US stocks fall on low consumer confidenceJuly 28th, 2009 NEW YORK - Most US stocks edged lower Tuesday after a private group reported an unexpected setback in a benchmark consumer confidence survey. The New York-based Conference Board's consumer-confidence index fell to 46.6 in July from 49.3 in June on concerns about the job market.
Survey: German consumer confidence rises amid lower prices and stable job marketJuly 27th, 2009 German consumer confidence risesBERLIN — German consumer confidence continues to rise despite the recession, helped chiefly by lower prices and a stable job market, a survey showed Monday. The GfK research group said its forward-looking consumer climate index for August rose to 3.5 points, up from a revised 3 points for July as more people reported expectations of an economic recovery.
Survey: German businesses expect improvement but assess current situation with pessimismJune 22nd, 2009 German businesses expect improvement, survey showsBERLIN — Business confidence in Germany, Europe's largest economy, dropped to a new all-time low in June but expectations for the future continued to improve, a closely watched survey showed Monday. The Munich-based Ifo institute's business climate index — an average of its current situation and future expectations numbers — improved overall to 85.9 points from 84.3 the month before, the third consecutive increase since March when the indicator hit a 26-year low of 82.2 points.
Reforms to drive India's growth at 7.2 percent: AssochamJune 11th, 2009 NEW DELHI - The Indian economy is expected to grow by 7.2 percent in the current fiscal, primarily driven by improvements in consumer sentiment, rural economy, and policy reforms, said an industry survey released here Thursday. According to the survey, conducted by the Associated Chambers of Commerce and Industry of India (Assocham), about 42 percent of the respondents believe policy reforms would cast massive impact on the GDP (gross domestic product) growth.
Business outlook has improved for India Inc: CII surveyJune 8th, 2009 NEW DELHI - Despite signs of an improving economy, India Inc feels actual recovery will happen only after September, a survey by the Confederation of Indian Industry (CII) has found. According to the survey, conducted by the CII northern region, 96 percent of respondents believe a turnaround would happen only in the second half of 2009-10, thanks to the ongoing global slowdown
The survey found 72 percent of respondents expecting the economic growth to be in the range of 5-7 percent this fiscal.
India Inc's business sentiments have improved, says CIIMay 14th, 2009 NEW DELHI - India Inc's business confidence for the first half of this fiscal has improved 2.4 points to 58.7, though global economic instability and slackening consumer demand remain major sources of concern, says a survey by the Confederation of India Industry (CII). CII Business Confidence Index (CII-BCI) for April-September 2009-10 improved considerably compared to the business confidence in the past six months.
Stocks fluctuate in narrow range as consumer confidence blows past analyst forecasts in AprilApril 28th, 2009 Jump in consumer confidence gives boost to stocksNEW YORK — Investors are setting aside some of their worries about the economy as a closely watched measure of consumer confidence soars in April. Stocks had been lower on worries about fallout from the swine flu and banks that may need to raise capital following government "stress tests."
But a midmorning report showing a surge in consumer confidence tempered those concerns.
German consumer confidence stable amid tentative hopes of recovery, survey showsApril 27th, 2009 German consumer confidence stableBERLIN — German consumer confidence remains steady, though lackluster, as low inflation and energy prices combine with tentative hopes that an economic turnaround may be in sight, according to a survey released Monday. The GfK research group said its forward-looking consumer climate index for May stands at 2.5 points — unchanged from April and March.
Business confidence rises, but future scares India Inc.March 24th, 2009 NEW DELHI - While overall business confidence has improved this fiscal, corporates are not confident about the future, says the latest business confidence survey released Monday by the Federation of Indian Chambers of Commerce and Industry (FICCI). The FICCI Business Confidence Survey for the third quarter of 2008-09 said 64 percent of the 384 respondent companies - with turnover ranging from Rs.1 crore to Rs.33,000 crore - felt overall economic conditions have worsened between April and September 2008, down 22 percentage points compared to the previous survey.
Indians most optimistic about economy: SurveyJanuary 12th, 2009 NEW DELHI - Amid a worldwide economic downturn, Indians have emerged as the most optimistic lot as people who think that their country will climb out of recession in the next 12 months, a survey said. 'Despite the global economic recession, about 51 percent Indians, the highest in the world, seem to be quite confident of the economy picking up in the near future,' said Sonia Pall, Executive Director in Consumer Research at The Nielsen Company, which conducted the survey.
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