| Singapore economy grows 1.3 pc in 2012 | | Growth in Singapore’s trade-reliant economy slowed down sharply last year, expanding 1.3 percent as exports tumbled due to a global economic slump, official data showed Friday. | | India inflation drops to 3-year low | | India says its stubbornly high inflation eased to 6.6 percent in January, adding to expectations the central bank will further reduce interest rates to boost slowing growth. | | Japanese economy shrinks again | | Japan’s economy shrank for a third quarter at the end of 2012, data showed on Thursday, leaving it mired in recession owing to weak export demand, but analysts and the central bank eyed a rosier outlook. | | Eurozone industrial output turns up in December | | BRUSSELS — Industrial output in the 17-nation eurozone showed a sharp turnaround in December, gaining 0.7 percent compared with activity in November when it fell a revised 0.7 percent, official data showed on Wednesday. | | India industrial output drops for 2nd month in Dec | | India says industrial output fell in December for the second month in a row. The contraction adds to a gloomy outlook for the slowing growth of Asia’s third-largest economy and increases pressure on the finance minister to present a pro-growth budget plan later this month. | | French account deficit rose in December | | PARIS — The French current-account payments balance showed an increased deficit of 3.6 billion euros ($4.8 billion) in December from 2.8 billion euros in November, the Bank of France said on Tuesday. | |
