South Korea's economic growth accelerated in the fourth quarter from three months earlier, after rising 0.1 percent in the prior three months, as stronger won helped boost private consumption.
At a Thursday news conference on the outlook of global economy in 2013, the International Monetary Fund (IMF) chief struck a cautiously optimistic tone on global economic recovery, but warned against any complacency in efforts to spur economic growth.
China's industrial production growth slowed in 2012 from a year earlier to 10 percent year on year, the National Bureau of Statistics (NBS) announced Friday.
In a new sign that growth in the world's second largest economy is slowing...China's foreign trade missed the government's 10-percent annual target for 2012, rising only 6.2 percent, from 2011.
Growth of the world economy has weakened considerably during this outgoing year and is expected to remain subdued in the coming two years, a UN report said Tuesday.
Chinese authorities vowed Sunday to focus on quality and efficiency of economic growth in 2013, demonstrating their determination to ensure sustainable and healthy economic development after the previous pursuit of fast-track growth.
China's Ministry of Finance said on Tuesday that government revenues in the world's second largest economy grew nearly 22 percent year-on-year to more than 125 billion U.S. dollars in November.
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