Egypt's economic growth rate during the fiscal year 2016/17 exceeded the government's expectations, reaching 4.1 percent while the total budget deficit hit 10.9 percent of the Gross Domestic Product (GDP) compared to 12.5 percent in the previous fiscal year.
ByAPDWriterMaverickJAKARTA,Aug.7(APD)--Indonesiapostedastagnantgrowthof5.01percentinthesecondquarterthisyear,duetowithholdofspendingamongpeopleinmiddle-uppercla
A double-digit growth in the Chinese market boosts the sales of German automaker, Audi AG in July to hit a new record, the Ingolstadt-based company reported on Friday.
Adouble-digitgrowthintheChinesemarketbooststhesalesofGermanautomaker,AudiAGinJulytohitanewrecord,theIngolstadt-basedcompanyreportedonFriday.Atotalof51,235unitsh
China's economy grew in the first half of 2017 at an annual pace of 6.9%, which indicates a steady growth in line with the government forecast of 6.5% to 7% of growth.
China'seconomygrewinthefirsthalfof2017atanannualpaceof6.9%,whichindicatesasteadygrowthinlinewiththegovernmentforecastof6.5%to7%ofgrowth.Thecompositionoftheincre
TheInternationalMonetaryFund(IMF)recentlyupadjusteditsforecastforItaly'seconomicgrowth,butwarnedthegrowthcouldnotbemaintainedwithouthealthierdevelopmentinsomear
Spain's economy grew by 0.9% in the second quarter thanks to improved exports and household spending.
TheU.S.economylikelyacceleratedinthesecondquarterasconsumersrampedupspendingandbusinessesinvestedmoreonequipment,whichwouldconfirmthatthesluggishperformanceearl
Makingheadwayinrestructuring,Chinaisseentohavethewillandthewaytoavoidthemiddle-incometrap.PositivechangesaretakingplaceinChina'seconomy,withsteadygrowthsupporte
ProfitgrowthatChina'smajorindustrialfirmsgatheredpaceinJuneonstrongsalesandretreatingmaterialcosts,officialdatashowedThursday.Industrialcompanieswithannualreven
SouthKorea'ssecond-quartereconomicgrowthalmosthalvedcomparedwiththepreviousquarterduetoweakexportsontheso-calledbasedeffectthatoffsetrecoveringprivateconsumptio
TheInternationalMonetaryFund(IMF)onMondayrevisedupChina'sgrowthforecastfor2017and2018to6.7percentand6.4percentrespectively,withthebetterChinaprospectsexpectedto
ThereiscurrentlyaninterestingdebateintheUSaboutwhatthetrendrateofgrowthis,andhowitcouldberaised,alongsideabroaderanxietyabouttherelativeperformanceoftheUSeconom
Britishhouseholds'financialsituationhasdeterioratedatthefastestrateinthreeyearsthismonth,asfamiliesincreasinglyshyawayfrombigpurchaseslikecars,holidaysandhouseh
TheInternationalMonetaryFundonMondaykeptitsgrowthforecastsfortheworldeconomyunchangedforthisyearandnext,althoughitslightlyrevisedupgrowthexpectationsfortheeuroz
SouthKorea'sparliamentonSaturdayapprovedthegovernment'ssupplementarybudget,givingPresidentMoonJae-inanearlyvictoryinhispushtocreatejobsandboosteconomicgrowthsin
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