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South Korea economy to see mild improvement this year: central bank

South Korea's economy is expected to see gradual improvement this year thanks to manufacturing and services, the country's central bank said in a regular report on regional growth on Monday.

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South Korea economy to see mild improvement this year: central bank

SouthKorea'seconomyisexpectedtoseegradualimprovementthisyearthankstomanufacturingandservices,thecountry'scentralbanksaidinaregularreportonregionalgrowthonMonday

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Auto slowdown flashes caution lights for U.S.manufacturing employment

Afteragoodrun,warninglightsareflashingintheautoindustry—andthat'snotgoodforthebroadermanufacturingsector,forheartlandmetropolitanareas,orforPresidentTrump.Here'

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IMF says Pakistan outlook 'favourable' but warns of risks

The International Monetary Fund (IMF) said the outlook for Pakistan's economy was "favourable", citing Chinese infrastructure investments among reasons for growth, but warned of risks to recent progress.

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IMF says Pakistan outlook 'favourable' but warns of risks

TheInternationalMonetaryFund(IMF)saidtheoutlookforPakistan'seconomywas"favourable",citingChineseinfrastructureinvestmentsamongreasonsforgrowth,butwarnedofriskst

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Interview: China still "economic hope of the world"

WiththeG20SummitinHamburgcomingupinJuly,formerpremieroftheAustralianstateofVictoriaJohnBrumbyhassaidthatChinaisstillthe"economichopeoftheworld".JohnBrumby,curre

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​IMF revises up China’s growth forecast to 6.7 percent for 2017

The International Monetary Fund has again revised up China’s growth forecast for 2017, saying policy support has helped to maintain strong growth in the world’s second largest economy.

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​IMF revises up China’s growth forecast to 6.7 percent for 2017

TheInternationalMonetaryFundhasagainrevisedupChina’sgrowthforecastfor2017,sayingpolicysupporthashelpedtomaintainstronggrowthintheworld’ssecondlargesteconomy.Ini

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China's economy steadies on structural upgrade

China'seconomicgrowthheldsteadyinthefirstfivemonthsaskeyserviceindicatorsroserapidly,suggestingthatstructuralupgradeshavecushionedlong-termdownwardpressures."Le

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China's fiscal revenue growth slows in May

China's fiscal revenue registered slower growth in May, climbing 3.7 percent year on year to 1.61 trillion yuan (236.95 billion U.S. dollars), the Ministry of Finance (MOF) said Monday.

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Researchers develop treatment to ‘arrest growth’ of breast cancer

AustralianscientistsannouncedonFridaythattheyhavedevelopedatreatmentthatiscapableofstoppingthegrowthofaggressivebreastcancertumors.ResearchersfromtheWalterandEl

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OECD announces global economic growth of 3.5% for 2017

The global economy is set to grow 3.5% this year before nudging up to 3.6% in 2018, the Paris-based Organization for Economic Cooperation and Development (OECD) forecast on Wednesday.

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China's forex reserves swell amid stabilizing economy

China'sforeignexchangestockpileexpandedforthefourthmonthinarowinMayaftercapitalflightpressureeasedandthevalueoftherenminbistrengthened.Theforexreservesstoodat3.

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OECD announces global economic growth of 3.5% for 2017

Theglobaleconomyissettogrow3.5%thisyearbeforenudgingupto3.6%in2018,theParis-basedOrganizationforEconomicCooperationandDevelopment(OECD)forecastonWednesday.OECDS

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China's economy likely to slow while avoiding steep fall

As China continues its moves to contain leverage and financial risks, its growth may slow, but a steep decline is unlikely due to a buttressing effect from reforms and burgeoning new growth drivers.

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World Bank forecasts 2017 global growth at 2.7%

TheWorldBankonSundaymaintaineditsforecastthatglobalgrowthwillimproveto2.7percentin2017,citingapickupinmanufacturingandtrade,improvedmarketconfidenceandarecovery

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Divergent MFG data point to ec. stabilization amid contraction pressure

WhiletheofficialMaymanufacturingdataaddedevidencetoanoverallpictureofastabilizingChineseeconomy,aprivatesurveyhasfoundwarningsignsofcontraction.TheCaixinChinaGe