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…
Germany trims this year’s growth forecast to 1% as its economy is slow to gather pace
BERLIN (AP) — The German government on Wednesday trimmed its 2026 forecast for the country’s economy, Europe’s biggest,…
South Korea’s Surprise Contraction Points to Broad Fragility
(Bloomberg) — South Korea’s economy shrank in the final quarter of 2025 due to a broad pullback in…
US current account deficit contracts sharply in the third quarter
The U.S. current account deficit narrowed sharply in the third quarter as tariffs weighed on imports and primary…
Australia Economic Growth Misses Forecasts, RBA Bets Whipsaw
Runners jog along the boardwalk past the Sydney Harbor Bridge. (Bloomberg) — Australia’s economy grew at a surprisingly…
Shanghai bets on manufacturing to buttress finance in two-pronged growth plan
Shanghai, mainland China’s top finance and trade hub, is set to double down on efforts to prevent the…
‘Poorer than it would have been’
Researchers at the University of Cambridge’s climaTRACES Lab found that global gross domestic product could shrink by up…
As China drafts its next 5-year plan, is GDP still the magic number?
For decades, the annual target for gross domestic product growth was the most critical policymaking benchmark across China.…
Chinese Export Boom Can’t Stop Economy’s Slowdown
An Antong Holdings Co. container ship at the Port of Nansha in Guangzhou, China. (Bloomberg) — China’s economy…
US economy expanded at surprising 3.8% pace in second quarter — what’s fuelling the growth spurt?
Increased consumer spending in the US has uplifted its economy as it expanded at a surprising 3.8% from…
India’s chief economic adviser says Trump’s tariffs could shave 0.5% off GDP, Bloomberg News reports
(Reuters) -U.S. President Donald Trump‘s 50% tariffs on India could reduce the country’s gross domestic product by half…