GDP

S.Korea drafts aggressive spending plan for 2022, taking debt to 50% of GDP

South Korea's government on Tuesday unveiled an aggressive spending increase in the final annual budget of President Moon Jae-in's five-year…

4 years ago

Australian economy likely already slowing in Q2 before Delta downturn

Australia's economy was likely already slowing before wide-scale coronavirus restrictions shuttered swathes of business and jobs, setting the stage for…

4 years ago

South Korea’s youth debt binge shows no sign of slowing as rate hike looms

When South Korea announced new lending curbs last month, Joe Park, a 34-year-old grocery chain purchasing manager, scrambled to borrow…

4 years ago

China c.bank increases cash injections to soothe tightening worries

China's central bank increased short-term fund injections into the financial system on Wedneday, in a bid to soothe market worries…

4 years ago

German private sector stays on growth path in August -PMI

Activity in Germany's manufacturing and services sectors expanded in August, a survey showed on Monday, pointing to recovering employment levels,…

4 years ago

Asian shares move off near year lows, NZ holds rates steady

Asian shares edged off near year-to-date lows on Wednesday despite Wall Street's overnight declines, while New Zealand's central bank defied…

4 years ago

Japan’s economy rebounds in Q2, COVID clouds outlook

Japan's economy rebounded more than expected in the second quarter after slumping in the first three months of this year,…

4 years ago

Malaysia c.bank slashes 2021 growth outlook on COVID-19 surge, lockdowns

Malaysia's economy expanded more quickly than expected on an annual basis in the second quarter, but the central bank slashed…

4 years ago

Dubai Expo in focus as UAE racks up $700 mln of trade with Israel since normalisation

Israel and the United Arab Emirates, which normalised relations a year ago, are looking to Dubai's Expo world fair in…

4 years ago

Dollar holds firm near 4-month high on Fed tapering bets

The dollar held firm on Friday, staying near its highest level in four months against a basket of currencies as…

4 years ago