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Economics Gazette

Economy and Business news

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November 19, 2019

Archives for January 2018

Japanese exports

Japanese exports expanded by 11.8% in 2017

Japanese exports expanded by 11.8% in 2017 to 78.3 trillion JPY (712 billion USD), while imports rose by 14% to 75.3 trillion JPY (684 billion USD). The country’s trade surplus reaches about 3 trillion JPY (27.3 billion USD), representing a decrease of 25% yoy, as Chinese and US export recovery boosted the economy. The Japanese

South Korean economy

South Korean economy shrinks in Q4 2017

South Korean economy shrinks in Q4 2017 for the first time since the financial crisis. The gross domestic product (GDP) declined by 0.2% against the third quarter, according to preliminary data from the South Korean Central Bank. By comparison, the third quarter saw an increase of 1.5% on quarterly basis. The economists expects the GDP

Saudi Arabian economy

Saudi Arabian economy enters in post-oil era

Saudi Arabian economy enters in post-oil era in which mega-cities, some of which are still under construction, will ensure the future growth of the country. “We are now in the city-building business and talking about moving from an oil-based economy to an economy that will in the future be those mega-cities”, said the CEO of

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