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

📆 02/07/46 10:33 ص
📰 NBCPhiladelphia

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

Business أخبار

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.

لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

اكتب تعليق

المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

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.
مصدر: nbcsandiego - 🏆 524. / 51 اقرأ أكثر »