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U.S. GDP up 6.4% in first quarter of 2021

The United States GDP increased at an annual rate of 6.4 percent in the first quarter of 2021, according to the Bureau of Economic Analysis.

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Beijing has invested $78 bln in transport in past 5 years

Beijinghasinvested492.2billionyuan(77.9billionUSdollars)intransportoverthepastfiveyears,localauthoritiessaidSunday.Theinvestmentrepresenteda44-percentincreasefr

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Chinese FDI into Pakistan surges by over three-fold since 2014

ByAPDWriterMuhammadSohailISLAMABAD,Oct.11(APD)--Chinahasemergedasthebiggestcross-borderinvestorinPakistanastheforeigndirectinvestment(FDI)inflowsfromChinaincrea

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China-backed CPEC increases Pakistan’s consumer confidence: State Bank

ByAPDwriterMuhammadSohailISLAMABAD,Sept.30(APD)--HealthyeconomicgrowthtriggeredbytheChina-PakistanEconomicCorridor,aprojectbackedandfundedbyChina,hasincreasedco

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India: Economic slowdown warned

ByAPDWriterRishikaChauhanNEWDELHI,September23(APD)—AccordingtoarecentStateBankofIndia(SBI)reporttheIndianeconomyhassloweddownsinceSeptember2016.Thereportwarnedt

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India: Increasing dust pollution causes worry

ByAPDWriterRishikaChauhanNEWDELHI,August1(APD)-DustpollutioninDelhihasincreasedalarminglyandrelapsedtothe2010levelwhenitwasdisturbinglyhigh.TheCentralPollutionC

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European Parliament argues for increased diplomatic relations with Iran

​The European Parliament, gathered for its plenary session in Strasbourg, argued on Monday for increased diplomatic relations with Iran as part of an ongoing strategy following the Iran Nuclear Agreement of 2015, in which the European Union (EU) was a major party to negotiations.

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Ozone problem in S.Korea gets worse

The ozone problem is worsening in major cities in Korea. Ozone is a harmful gas produced when nitrogen oxide from diesel exhaust reacts with ultraviolet rays.

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One more MERS patient dies in S.Korea, no infection added

​The number of deaths with Middle East Respiratory Syndrome (MERS) increased to 35 in South Korean on Wednesday as one more death was added, the health ministry said.

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British GDP growth revised up, outlook remains rosy

British government Tuesday revised up its economic growth estimate for both the fourth quarter of 2014 and the whole year, while experts here believe that the strong consumer spending of British household would continue to boost the country's growth this year.

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U.S. Fed report shows "modest to moderate" growth since April

The U.S. Federal Reserve said on Wednesday that the country's economic activity grew "at a modest to moderate pace" from April through mid-May, boosted by housing recovery and steady growth in consumer spending.