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…