The U.S. GDP contracted by 3.5 percent in 2020, according to reports from the U.S. Commerce Department, signaling the worst year for economic growth since 1946.
05:22 Karl Brauer talks Tesla earnings its growth outlook.
TheaddvalueoftheservicesectorinChinareached42.7trillionyuan($6.8trillion)lastyear,accountingfor51.6percentofthecountry'sgrossdomesticproduct,11.1percentagepoint
“Despitethegoodnear-termnews,longer-termprospectsaremoresobering,”saidMauriceObstfeld,EconomicCounselorandDirectorofResearchattheIMF.Whiletheworldeconomycontinu
AsiansharescreptaheadonWednesdayafterWallStreettookheartfromupbeatcorporateearnings,thoughnaggingconcernsabouttradebarriersandtheglobalgrowthoutlookkeptcurrenci
ByAPDwriterMeloM.AcunaMANILA,April13(APD)–WorldBankeconomistsseegrowthinEastAsiaandPacifictoremainstrongandreach6.3percentin2018.ThiswasthegistofWorldBank’secon
ByAPDwriterKinRathaPhnomPenh,April12(APD)-Backedbytherobustexpansioninexports,strongforeigndirectinvestmentinflows,theriseoftouristarrivals,andbuoyantdomesticde
ByAPDwriterMaverickJAKARTA,April12(APD)—Continuingpositivegrowthitgainedlastyear,Indonesiawasestimatedtoreachhigherlevelofgrowthupto5.3percentthisyearonthebacko
China'sA-sharemarketshavestartedtheirannualreportingseason.Morethan1,400companieshadrevealedtheirfinancialreportsfor2017,includingheavyweightsectorslikebanking,
China’seconomyended2017withabetter-than-expected6.9-percentgrowth,amongtheworld’sstrongestbutfarfromtheastronomical10-plusgrowththatcatapultedChina’seconomyinpr
Chinaispursuingahigherqualityeconomyinsteadofhighergrowthrate,andattachingimportancetoopeningupamidChina-UStradetensions,VicePremierHanZhengspokeattheopeningcer
ByAPDwriterKinRathaPhnomPenh,March20(APD)—TheInternationalMonetaryFund(IMF)initslatestforecastsaidthatCambodia’sEconomycontinuetogrowtharound7percentthisyearwhi
Ashepreparesforhisfourthterm,PresidentVladimirPutinisexpectedtofinallymakegoodonhisrepeatedpledgestoreviveRussia'screakingeconomy.Whilethesituationhasstabilised
China'sindustrialoutputexpandedby7.2percentyear-on-yearinthefirsttwomonthsof2018,acceleratingfrom6.2percentgrowthinDecember2017,officialdatashowedWednesday.Theg
ByAPDwriterRishikaChauhanNEWDELHI,Mar.15(APD)-WorldBank’slatestbiannualIndiaDevelopmentUpdatereleasedonWednesday,highlightsthatIndia’sgrowthratewillrisesoon,how
China'seconomicplanneronTuesdayexpressedconfidenceinachievingthe6.5percentannualgrowthtargetasdomesticconsumptionisexpectedtobecomeastrongerforcedrivingeconomic
ChinahassetitsGDPgrowthtargetataround6.5percentfor2018,unchangedfromthatfor2017,accordingtoagovernmentworkreportavailabletothemediaonMonday.GivenChina'seconomic
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