GDP

Japan to avoid recession, but Q2 growth forecasts cut sharply

Japan’s economy likely grew and avoided slipping into recession this quarter but an extension of emergency measures to stem a…

4 years ago

Virus outbreaks at Thai factories threaten export sector, recovery

A series of coronavirus outbreaks in Thai factories is raising concerns that the export sector could be hit hard, threatening…

4 years ago

Saudi first quarter GDP shrinks 3%, hit by oil sector decline

Saudi Arabia's gross domestic product fell 3% in the first quarter, slightly less than official estimates and compared with a…

4 years ago

UK recovery quickens in April as economy posts record annual jump

Britain's recovery from the COVID-19 pandemic sped up in April as lockdown measures eased, with the fastest monthly growth since…

4 years ago

U.S. household wealth jumps to record $136.9 trillion, Fed says

U.S. household wealth jumped to a record $136.9 trillion at the end of March, a report from the Federal Reserve…

4 years ago

EXCLUSIVE Mexico not eyeing tax hikes in fiscal reform -deputy finance minister

Mexico's government does not envisage tax increases in an upcoming fiscal reform plan, but will consider closing loopholes, improving taxing…

4 years ago

Japan upgrades Q1 GDP on smaller hit to domestic demand

Japan's economy shrank less than initially reported in the first quarter on smaller cuts to plant and equipment spending, but…

4 years ago

World Bank slashes GDP growth forecasts for the Philippines

The World Bank has slashed its Philippine growth projection for this year due to a deeper-than-expected contraction in the first…

4 years ago

Australia business activity climbs to fresh highs in May-survey

A measure of Australian business conditions extended its blistering run to reach all-time highs in May with sales, profits and…

4 years ago

Don’t mention the T word: Five questions for the ECB

The European Central Bank meets on Thursday and will review the pace of emergency bond buys that it jacked up…

4 years ago