Goldman Sachs (NYSE:GS) cut its 2023 growth forecast for the euro zone, following weaker economic activity data.

Economists led by Sven Jari Stehn said on Tuesday they now expect a 0.4% growth for the region in 2023.

Source : Investing.com

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The International Monetary Fund on Tuesday raised its economic forecast for India this year amid a modest improvement in the global growth outlook, but said that China's post-pandemic recovery has weakened.

Chairman of Vietnam Rubber Association Tran Ngoc Thuan and his Lao counterpart Bounthong Buahom signed a Memorandum of Understanding (MoU) on boosting the sustainable development of the rubber industry in the two countries.

 Malaysia’s leading index (LI) recorded a better negative growth of 1.1 percent to 110.3 points in May 2023, from 108.4 points in April 2023, said the Department of Statistics Malaysia (DoSM).

Oil prices edged higher for the third straight session on Tuesday, as signs of tighter supplies and pledges by Chinese authorities to shore up the world's second-biggest economy lifted sentiment.

New U.S. light vehicle sales volumes are set to rise again in July as easing supply-chain snags help automakers ramp up production to meet pent-up demand, automotive research firm S&P Global Mobility said on Monday.