Tag: business confidence

Two separate surveys reveal more economic gloom

Two separate surveys reveal more economic gloom

A survey from BDO, published today, has revealed a fall in business confidence, while a separate survey has revealed employers plan to axe jobs in the third quarter. According to the Business Trends optimism index from accountants BDO, business confidence fell to 95.1 in July from 95.6 the previous month – the lowest level for [...]

August 15, 2011 | 0 Comments More
German business confidence remains flat in May

German business confidence remains flat in May

The Munich-based Ifo think tank has revealed confidence among German firms remained flat in May. The closely-watched Business Climate Index remained unchanged at 114.2 in May, surprising analysts’ who had expected the index to slip to 113.7. Ifo surveys around 7,000 German manufacturing, construction, wholesale and retail companies each month. Export demand helped to bring [...]

May 24, 2011 | 0 Comments More
German business confidence at all time high

German business confidence at all time high

The Munich-based Ifo think tank has announced confidence among German firms rose in February to another record high. The closely-watched Business Climate Index climbed to 111.2 in February, up from 110.3 in January - the ninth consecutive monthly increase and the highest reading for the former West Germany since 1969. The results confounded analysts expectations [...]

February 22, 2011 | 0 Comments More
BoJ Tankan survey reveals fall in business sentiment

BoJ Tankan survey reveals fall in business sentiment

The Bank of Japan’s (BoJ) closely watched quarterly Tankan survey has revealed business confidence has dipped - hit by a strong yen and slowing exports. The influential Tankan index revealed business confidence among major manufacturers fell for the first time in almost two years. The Tankan figures are closely monitored by the BoJ when deciding [...]

December 15, 2010 | 0 Comments More
German business confidence sees record rise

German business confidence sees record rise

The Munich-based Ifo think tank today announced confidence among German firms grew in November. The Business Climate Index rose to 109.3 in November, up from 107.7 the previous month – the strongest rise since German reunification in 1990. The closely-watched index also confounded expectations of a fall to 107.5. Meanwhile, commenting on the figures, the [...]

November 24, 2010 | 0 Comments More
BoJ Tankan survey reveals sentiment up, but outlook grim

BoJ Tankan survey reveals sentiment up, but outlook grim

The Bank of Japan’s (BoJ) closely watched quarterly Tankan survey has revealed business confidence continues to rise, despite concerns about a strong yen. The Tankan index revealed business confidence among major manufacturers had picked up for the sixth consecutive quarter, rising to a better than expected reading of 8 in September, from 1 in June. [...]

September 29, 2010 | 0 Comments More
Euro zone manufacturing and services ease in September

Euro zone manufacturing and services ease in September

There were signs that the euro zone economic recovery is cooling after growth in manufacturing and services eased. The manufacturing purchasing managers index (PMI) eased in September to 53.6, down from August’s figure of 55.1. Meanwhile, the services PMI fell to 53.6 from 55.9. However, both indices are above the crucial 50 mark - which [...]

September 23, 2010 | 0 Comments More
Japanese machinery orders see sharp fall in May

Japanese machinery orders see sharp fall in May

Japanese core private-sector machinery orders - a highly volatile series seen as an indicator of corporate spending - fell more than expected in May, according to figures published today. Official figures revealed machinery orders fell by 9.1% in May compared with the previous month - the steepest fall since August 2008 - as companies held [...]

July 8, 2010 | 0 Comments More
Asian markets up as Japanese business sentiment index grows

Asian markets up as Japanese business sentiment index grows

Asian stock markets saw gains today after a joint survey by the Ministry of Finance and the Cabinet Office revealed a rise in Japanese business confidence. The survey, which measures the difference in percentage of Japanese companies that expect the economy to improve against those that expect it to deteriorate, was 4.0 in the April-June [...]

June 14, 2010 | 0 Comments More
German consumer confidence falls for first time in over a year

German consumer confidence falls for first time in over a year

The GfK economic research institute has revealed a fall in German consumer sentiment. According to the institute, a survey of around 2,000 individuals revealed a decline in confidence for the first time since September 2008, as a result of rising petrol prices and forecasts for higher unemployment. According to the institute, confidence dipped to 4.0 [...]

October 26, 2009 | 0 Comments More
Hopes for end of recession as business confidence surges

Hopes for end of recession as business confidence surges

The Institute of Chartered Accountants’ index has revealed that business confidence has surged, boosting hopes that the recession is coming to an end. The survey, which questioned over 1,000 chartered accountants across England and Wales, showed that business confidence soared from minus 28.2 at the end of March to 4.8 at the end of June [...]

August 24, 2009 | 0 Comments More
Japan machine orders hit record low in May

Japan machine orders hit record low in May

Japan’s core private sector machine orders, a leading indicator of capital spending, fell in May to a record low, the Cabinet Office said today in Tokyo. The world’s second largest economy, which is heavily dependent on exports, has been hit by a slump in demand for its products overseas, particularly cars and electrical goods. Exports [...]

July 8, 2009 | 0 Comments More
New Zealand cuts interest rates to record low

New Zealand cuts interest rates to record low

As expected the New Zealand central bank Governor, Alan Bollard, has cut interest rates for the seventh consecutive time, as the recession has slowed exports and reduced business investment on the island. The Reserve Bank of New Zealand has officially cut interest rates by 0.5 percent to a record low of 2.5 percent. After 18 [...]

April 30, 2009 | 0 Comments More
French manufacturers and business confidence increases in April

French manufacturers and business confidence increases in April

In April, business morale in France increased following record lows in previous months and this has increased the speculation that the worst of the recession is seemingly over. The French national statistics office announced today that its business confidence index increased to 71 points in April, three points higher than in March and two points [...]

April 23, 2009 | 0 Comments More
CBI: Thousands of jobs to be axed in financial services

CBI: Thousands of jobs to be axed in financial services

A survey conducted by the Confederation of British Industry (CBI) has revealed that banks and other financial institutions are expected to cut a further 15,000 jobs in the next three months. According to the organisation, approximately 15,000 jobs have already been axed in the industry in the first quarter of this year, which will take [...]

March 30, 2009 | 0 Comments More
Japan cuts interest rates further in a bid to stave off prolonged recession

Japan cuts interest rates further in a bid to stave off prolonged recession

The Bank of Japan has lowered interest rates today in an attempt to fight off a prolonged recession. The rate was cut from 0.3% to 0.1% - the lowest rate since 2006. Last month, it was announced that the Japanese economy, which is the world’s second largest, was officially in recession - its first in [...]

December 19, 2008 | 0 Comments More
German business confidence falls to 18-year low

German business confidence falls to 18-year low

Business sentiment in Germany has taken a battering after a business index from the Ifo research institute revealed a sharp drop this month to a low not seen since 1990. Europe’s largest economy is set to be in for a challenging year believe economists since just a month ago, official figures revealed that the country [...]

December 18, 2008 | 0 Comments More
Japanese business confidence falls to 34-year low

Japanese business confidence falls to 34-year low

Japanese business confidence fell at its fastest rate for 34 years with a confidence index falling from -3 to -24 in the three months to December. The quarterly Tankan survey by the Bank of Japan showed that the sharp rise in the country’s currency and the financial crisis have had a major impact on confidence. [...]

December 15, 2008 | 0 Comments More