Major banks cut China 2023 GDP forecasts as recovery falters
BEIJING Four major Western banks have cut their 2023 gross domestic product (GDP) growth forecasts for China after
1970-01-01 08:00
New Zealand first-quarter GDP shrinks 0.1%, country now in technical recession
WELLINGTON New Zealand's economy shrank in the last quarter as the central bank’s aggressive hiking of interest rates
1970-01-01 08:00
New Zealand's economy likely in recession as rate hikes take hold
By Lucy Craymer WELLINGTON The New Zealand central bank’s aggressive hiking of the cash rate likely pushed the
1970-01-01 08:00
Euro zone slips into recession after Germany, Ireland revisions
By Philip Blenkinsop BRUSSELS (Reuters) -The euro zone economy was in a technical recession in the first three months of
1970-01-01 08:00
Saudi Arabia economy grew 3.8% in Q1 boosted by non-oil activities
DUBAI Saudi Arabia's economy grew by 3.8% year on year in the first quarter of 2023, the General
1970-01-01 08:00
Japan upgrades Q1 GDP on solid capex
By Kantaro Komiya TOKYO Japan's economy grew more than initially thought in January-March, revised data showed on Thursday,
1970-01-01 08:00
Australia Q1 economy grows at slowest pace in 1-1/2 years
SYDNEY Australia's economy grew at the weakest pace in 1-1/2 years last quarter as high prices and rising
1970-01-01 08:00
Irish domestic economy returns to growth in first quarter
DUBLIN Ireland's domestic economy returned to growth in the first three months of the year after a shallow
1970-01-01 08:00
South Korea revised Q1 GDP +0.3% q/q, unchanged from earlier estimate
SEOUL South Korea's economy grew 0.3% in the first quarter from the previous quarter, revised central bank data
1970-01-01 08:00
Brazil's GDP rises more than expected in first quarter boosted by farm sector
By Marcela Ayres BRASILIA Brazil's economy rebounded more than expected in the first quarter, boosted by a strong
1970-01-01 08:00
Canada's Q1 GDP outperforms with 3.1% growth, April seen up 0.2%
OTTAWA (Reuters) -Canada's economy grew at an annualized rate of 3.1% in the first quarter, exceeding analysts' expectations as well
1970-01-01 08:00
No quick recovery for German economy after winter slump - DIW
BERLIN There is no quick recovery in sight for the inflation-hit German economy following a winter recession, the
1970-01-01 08:00