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Lack of forecast rains to prolong Australian bushfires threat
Official weather forecasts for Australia out on Thursday showed no substantial rains for at least three months, providing grim news as firefighters battle to get more than 100 bushfires raging across the east coast under control.
Singapore slashes 2019 growth forecast stoking recession fears
Singapore slashed its full-year economic growth forecast on Tuesday as global conditions were seen worsening and data confirmed the slowest growth rate in a decade amid mounting fears of recession in the city-state.
Global growth forecast cut by IMF amid trade tensions
The International Monetary Fund (IMF) has cut its growth forecasts for the global economy for this year and next.
UK finances forecast to suffer under most forms of Brexit
Most forms of Brexit will worsen the country’s finances and reduce space for new initiatives to address child poverty, social care and left-behind communities that some argue drove the Brexit vote, a report has found.
Huawei founder says revenue will be billions below forecast
Huawei’s founder likened his company to a badly damaged plane on Monday and said revenues will be $30 billion less than forecast over the next two years.
Indonesia Q1 GDP growth misses forecast as investment cools
Indonesia’s economy expanded more slowly than expected in the first quarter of this year, as investment dropped ahead of elections and campaign spending failed to sustain growth momentum.
Survey: UK marketing spending rises despite Brexit, uncertainty clouds forecast
British companies spent more on marketing in the opening quarter of 2019 despite uncertainty around Brexit, but their budgets for the rest of the year could be the most subdued since after the financial crisis, a survey showed.
Government source: Germany to halve 2019 growth forecast
The German government is set to halve its 2019 growth forecast for Europe’s biggest economy, a government source told Reuters on Friday, reflecting a worsening slowdown linked to a recession in the manufacturing sector.
Singapore's economy forecast to grow 2.5% in 2019
The Monetary Authority of Singapore (MAS) announced in a report on Wednesday that professional forecasters downgraded Singapore's 2019 growth forecast from previously predicted 2.6 percent to 2.5 percent.
New NASA mission to study, forecast space weather selected
NASA selected a $42 million mission that will help scientists understand and, ultimately, forecast the vast space weather system around our planet.
World economy forecast to slow in 2019 amid trade tensions
The International Monetary Fund has cut its forecast for world economic growth this year, citing heightened trade tensions and rising US interest rates.
British economy forecast to fall in GDP rankings
Britain’s stalled economy will fall back in the international rankings next year to sit in seventh place behind India and France, according to a report by consultants at PwC.
Japan cuts 2019 growth forecast on weaker capital spending
Japanese government on Tuesday cut its domestic growth forecast for fiscal 2019, citing weaker than expected capital spending amid a slowdown in the global economy.
France lowers its growth forecast for 2019 to 1.7 percent
The French government has lowered its economic growth forecast for next year to 1.7 percent and unveiled plans to cut public spending in an effort to stay in line with European Union budget commitments.
'Zero real wage growth' forecast in for 2018
The UK's pay squeeze will end next year, but a meaningful pay rise remains out of sight, an influential research group has warned.

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