GDP
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Asia
Job creation, GDP target among key economic indicators to look out for at China’s Two Sessions
BEIJING: At China’s most important annual political meetings – the Two Sessions – which begin on Monday (Mar 4), all…
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News
Shopping frenzy boosts US economic growth, but concerns over inflation and cost of living cast a shadow
American consumers love shopping, whether out of necessity or for pure enjoyment, and that has boded well for retailers and…
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United States
US economy grows by almost 5% in third quarter
The US economy expanded at a robust 4.9% annual rate from July through September as Americans defied higher prices, rising…
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Asia
China’s Q3 GDP growth, September activity show economic recovery gaining traction
Growth of retail sales, a gauge of consumption, also beat expectations, rising 5.5 per cent last month, and accelerating from…
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Germany
Norway and Germany see economic slumps in August
Norway’s economy has shrunk for the first time in four months as Germany’s industrial output fell for the fourth consecutive…
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Travel
Ministers and travel experts arrive in Riyadh for World Tourism Day
It is expected to be the biggest event in its history. Leaders from across the global tourism sector will meet…
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Spain
Spain sees better-than-expected post-COVID growth
The revisions are due to new economic data and the difficulty in measuring economic activity in “such exceptional circumstances” as…
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Asia
Taiwan lowers 2023 GDP growth forecast to 2.04% as exports weigh
TAIPEI: Taiwan’s economy will probably grow more slowly in 2023 than previously forecast, the government’s statistics office said on Friday…
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Germany
Germany slips into recession, economy shrank 0.3% in first quarter
The figures were a blow to the German government, which last month boldly doubled its growth forecast for this year…
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Asia
Hong Kong reports Q1 GDP growth after disastrous 2022
HONG KONG: Hong Kong’s economy grew in the first quarter of 2023, the city’s leader said on Tuesday (May 2),…
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