Hong Kong to raise annual GDP forecast after robust growth in first half of 2026
Hong Kong will raise its full-year economic growth forecast after a stronger-than-expected performance in the first half of…
US May trade deficit widens as capital goods imports hit record high
By Lucia Mutikani WASHINGTON, July 7 (Reuters) – The U.S. trade deficit widened sharply in May as imports…
Australia’s economy growing at 2.5 per cent annually as slowdown begins
Australia’s economy grew at an annual rate of 2.5 per cent in the March quarter, the same as…
Inflation: Major banks tip the national economy to slow
Growth in the Australian economy is expected to be flat when new data is released on Wednesday, but…
New York Fed President Williams worries war will slow growth, aggravate inflation
New York Fed President John Williams expressed concern Thursday about the Iran war’s impact on the economy, saying…
Record January migration intake
“Records continue to be smashed with this government’s promise to cut migration in absolute tatters, as half a…
Calls for Australia to ‘ration fuel immediately’
The Iran war is getting out of hand fast. Overnight, Iranian drones hit oil infrastructure in Oman. Early…
‘RBA has more work to do’: Large government spending adding more pressure on interest rates as economy exceeds capacity
Massive government spending has been blamed for the recent GDP figure, which showed Australia’s inflation problem is not…
Australia’s economy growing at fastest rate in almost three years
Australia’s economy was growing at an annual rate of 2.6 per cent in the December quarter, up from…
Canada’s economy shrank more than expected to close out 2025, as businesses ate into existing inventories
An export terminal in Vancouver. Analysts had expected real gross domestic product for the quarter to shrink by…
China’s factory activity contracts in January on weak domestic demand
China’s factory activity faltered in January as weak domestic demand dragged down production at the start of the…
Tale of 2 megacities: how did Beijing and Shanghai’s GDPs surpass 5 trillion yuan?
As China’s two largest cities by economic output, Beijing and Shanghai are widely seen as barometers for the…