Articles for 2023 Outlook

Asia-Pacific to grow 4.6% in 2023; India, China to contribute half of global growth: IMF
1 year, 7 months ago

Asia-Pacific to grow 4.6% in 2023; India, China to contribute half of global growth: IMF

The Hindu  

Growth in the dynamic Asia-Pacific region is projected to increase to 4.6% this year from the 3.8% recorded in 2022, according to the International Monetary Fund which stated that the growth will be largely led by India and China. In its “Regional Economic Outlook - Asia and Pacific” report released on May 2, the Washington-based fund said the region would …

Global India Growth China Asia Bank Region
Asia-Pacific to grow 4.6% in 2023: IMF
1 year, 7 months ago

Asia-Pacific to grow 4.6% in 2023: IMF

Live Mint  

In the dynamic Asia-Pacific region, growth is projected to increase to 4.6% this year from the 3.8% recorded in 2022, according to the International Monetary Fund which stated that the growth will be largely led by India and China. The Washington-based fund, in its Regional Economic Outlook – Asia and Pacific report released on Tuesday, said the region would contribute …

India Growth China Asia Bank Region Pacific
OECD raises 2023 global GDP growth forecast to 2.6%
1 year, 9 months ago

OECD raises 2023 global GDP growth forecast to 2.6%

The Hindu  

The Organisation for Economic Co-operation and Development raised its global economic growth forecast on Friday as inflation eases and China emerges from COVID restrictions, but warned of vulnerabilities as seen in the US bank sector turmoil. But it remains under the 3.2% expansion seen in 2022, the Paris-based OECD said in its updated economic outlook titled “A Fragile Recovery”. 🔴 …

Economic Oecd Outlook
Home Depot’s strong quarter overshadowed by 2023 outlook
1 year, 10 months ago

Home Depot’s strong quarter overshadowed by 2023 outlook

Associated Press  

ATLANTA — The Home Depot posted strong profits in its final quarter of 2022 but said it expects profits to slip this year, sending shares of the home improvement retailer skidding at the opening bell Tuesday. Wall Street was also projecting a slight uptick in sales, but Home Depot said that would likely be flat. “After a year of defying …

Quarter Wall Street Home Depot Depot 2023 Outlook
IMF lifts 2023 global growth forecast; says recession risk lower
1 year, 10 months ago

IMF lifts 2023 global growth forecast; says recession risk lower

The Hindu  

The outlook for the global economy is growing slightly brighter as China eases its zero-COVID policies and the world shows surprising resilience in the face of high inflation, elevated interest rates and Russia's ongoing war against Ukraine. The IMF said global growth would still fall to 2.9% in 2023 from 3.4% in 2022, but its latest World Economic Outlook forecasts …

Global Economy Growth China Ukraine Russia World
2023 Insurtech Industry Outlook: What does the upcoming year hold?
1 year, 11 months ago

2023 Insurtech Industry Outlook: What does the upcoming year hold?

Live Mint  

With the increasing adoption of technology across all sectors, insurance companies are leaving no stone unturned to join the bandwagon. The integration of these technologies will result in improved claim processing, personalized insurance services, highly reliable data storage and transmission, increased automation, better operational efficiencies, effective customer services, and increased customer loyalty. For an industry that deals with huge volumes …

Insurance Industry Customer Insurtech