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Hong Kong emerges from recession

Source: Channel NewsAsia

Hong Kong : China | 3 months ago

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The seasonally adjusted figures were better than had been expected and the government has raised its forecast for growth in the whole year. It followed the emergence from recession of Singapore, which grew an annualised 20.7% in the second quarter. In the first three months, Hong Kong's economy shrank...

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Gorey Guardian, Ireland: Hong Kong announces it is out of recession

News Source: Androscoggin News | 3 months ago

Hong Kong today became the latest economy to announce it had moved out of recession. It adds to the list from in Asia and beyond to emerge from recession or shrinkage at a less-dismal pace since the banking crisis sent global production and demand...
Hong Kong emerges from recession

News Source: Channel NewsAsia | 3 months ago

Hong Kong began to pull out of recession in the second quarter, government figures showed on Friday, but officials warned against complacency. Hong Kong's GDP grew 3.3 per cent in the second quarter compared to the first three months, ending four...
Hong Kong leaves recession behind, data show

News Source: MarketWatch | 3 months ago

Hong Kong's economy came out of recession in the second quarter, expanding a seasonally adjusted 3.3% from the first quarter and ending 12 months of contraction, according to government data released Friday. The result bettered consensus expectations...
Canadian Business Online: Hong Kong emerges from recession as economy ...

News Source: Uinta County News | 3 months ago

Hong Kong's economy broke out of a yearlong recession in the second quarter as the territory benefited from strong growth in mainland China and better conditions in the West, the government said Friday. The southern Chinese territory's economy,...
Financial Times: Hong Kong raises annual forecast

News Source: Uinta County News | 3 months ago

Hong Kong on Friday raised its annual economic forecast after the economy in the second quarter was unexpectedly strong and brought the territory out of recession. Gross domestic product grew 3.3 per cent in the three months to the end of June from...
Hong Kong raises annual forecast

News Source: Financial Times | 3 months ago

Gross domestic product grew 3.3 per cent in the three months to the end of June from the previous quarter, on a seasonally-adjusted basis, after four consecutive quarters of contraction.