News Formal

Singapore Economy Expands at Slower Pace in Q4 2024, Asian Stocks Mixed

  • 📰 NBCPhiladelphia
  • ⏱ Reading Time:
  • 25 sec. here
  • 7 min. at publisher
  • 📊 Quality Score:
  • News: 30%
  • Publisher: 51%

Business 뉴스

SINGAPORE ECONOMY,ASIAN STOCKS,CHINA PMI

Singapore's economy grew by 4.3% year-on-year in the fourth quarter of 2024, easing from the 5.4% expansion in the previous quarter. However, the annual growth accelerated to 4% in 2024, compared to 1.1% in 2023. Meanwhile, Asian stocks traded mixed, with China leading losses after major markets resumed trading following the New Year's Day holiday.

Based on advance estimates, Singapore's economy expanded by 4.3% year on year in the fourth quarter of 2024, slower than the 5.4% growth in the previous quarter.

China's Caixin/S&P Global manufacturing purchasing managers' index for December fell to 50.5, missing economists' forecast of 51.7 in a Reuters poll. "Exports dragged on demand amid mounting uncertainties stemming from the overseas economic environment and global trade," said Wang Zhe, senior economist at Caixin Insight Group.

The annual economic growth in 2024 accelerated to 4%, compared with 1.1% in 2023, according to official data released Thursday.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 569. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Taiwan leads Asian stocks higher in 2024 — but Trump tariffs, China economy cloud region's outlookTaiwan’s markets were Asia’s best performing market throughout 2024, while South Korea was the worst.
출처: nbcsandiego - 🏆 524. / 51 더 많은 것을 읽으십시오 »