World economy set for slightly brighter year: poll
Reuters : London, Thu Jan 24 2013, 00:13 hrs
Related
Top Stories
- Spot-fixing: Chandila was in touch with four sets of bookies, says Delhi Police
- Chinese Premier Li Keqiang arrives, to hold talks with PM on boundary, water issues
- IPL 2013: Delhi Daredevils crash to defeat, finish last
- Blast accused death: UP govt seeks CBI probe, FIR against 42 persons
- Hamid Karzai to seek Indian military aid amid Pakistan row
"And while the fiscal drag in the U.S. will no doubt ripple through the region, a sense of strengthening underlying momentum and fading tail risks will provide support for growth."
The likes of Singapore, Hong Kong and South Korea bore the brunt of the downgrades to the outlook among Asian economies.
In terms of monetary policy, economists expect few major shifts ahead, especially among major advanced economies.
"The stage is set for an improvement in business conditions over the next few months, but with no major policy shifts in prospect beyond Japan, the recovery is likely to be gradual," said Simon Hayes, chief UK economist at Barclays.
Please read our terms of use before posting comments
EU cites Chinese telecoms Huawei and ZTE for trade violations
Oprah Winfrey sells store at $1 million loss
Christie's contemporary art sale is biggest auction in history
Americans eating more smoked seafood products
TERMS OF USE: The views, opinions and comments posted are your, and are not endorsed by this website. You shall be solely responsible for the comment posted here. The website reserves the right to delete, reject, or otherwise remove any views, opinions and comments posted or part thereof. You shall ensure that the comment is not inflammatory, abusive, derogatory, defamatory &/or obscene, or contain pornographic matter and/or does not constitute hate mail, or violate privacy of any person (s) or breach confidentiality or otherwise is illegal, immoral or contrary to public policy. Nor should it contain anything infringing copyright &/or intellectual property rights of any person(s).
Editors’ Pick
- Quake-hit and shaken, Bhaderwah spends nights in the open
- UP blast accused dies on way to jail, govt wanted to drop case against him
- Former civil aviation secy changes mind, seeks airport security exemption as EC
- BCCI suspects Gujarat players in other teams were also approached
- Police on money trail, Sreesanth in fresh trouble
- Chhattisgarh 'encounter' leaves 8 villagers dead, no Maoist link yet
- Chinese Premier Li Keqiang arrives today, PM to seek early revival of border talks
