Economic growth
Indonesia’s second-quarter GDP beats expectations with fastest growth in two years
This photo shows a general view of a traffic jam on a main roads leading into the city center of Jakarta on May 8, 2024 as thin haze of pollution sits over the city’s skyline. Bay Ismoyo | Afp | Getty Images Indonesia’s annual economic growth accelerated to 5.12% in the second quarter from 4.87% in the […]
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Why Germany is rebooting its economy
Germany is making bold moves to modernize its sluggish economy. Will it be enough? Source
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Malaysia PM sees possible reduction in U.S. tariffs, but growth to miss target
Malaysia will actively build trade relations with other countries, such as China, Russia and Brazil, instead of waiting for the impact of potential U.S. trade tariffs, Prime Minister Anwar Ibrahim said on Tuesday. Sean Gallup | Getty Images News | Getty Images There is a possibility that Malaysia can negotiate a reduction in threatened U.S. tariffs as Washington has agreed to further […]
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Here’s how China could retaliate against U.S. tariffs
China is the world’s second-largest economy and second-largest importer of U.S. goods. Entities in China hold at least $784 billion in U.S. federal debt. The country also controls much of the world’s rare element supply, which is vital for manufacturing technology. China could weaponize these assets if an all-out trade war breaks out, to the […]
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How China used Vietnam to evade higher U.S. tariffs
The threat of rising tariff rates on U.S. imports could hobble the economic trajectory of countries such as Vietnam. Foreign direct investment in Vietnam has increased in recent years as firms search for ways to manage risks stemming from production in China. Vietnam has received approximately $18.5 billion in net foreign direct investment, according to World Bank […]
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UK economy expands by 0.5% in February, more than expected
People browsing stalls along Portobello Road Market on Feb. 22, 2025, in Notting Hill, West London. Mike Kemp | In Pictures | Getty Images The U.K. economy grew by a higher-than-expected 0.5% month-on-month in February amid a jump in the services output, official data showed on Friday. Analysts had projected a monthly gross domestic product […]
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UK economy unexpectedly shrank by 0.1% in January
Men and women socialize at the end of the day outside The Castle Pub in London, United Kingdom. Robert Nickelsberg | Getty Images News | Getty Images The U.K.’s economy unexpectedly shrank by 0.1% month-on-month in January, official figures showed on Friday. Britain’s Office for National Statistics said the fall was mainly due to a […]
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BOJ deputy governor flags chance of rate hike next week
Shoppers in Tokyo, Japan, on Saturday, Sept. 16, 2022. James Whitlow Delano | Bloomberg | Getty Images The Bank of Japan will debate whether to raise interest rates next week, as prospects of sustained wage gains heighten and the U.S. policy outlook becomes clearer in President-elect Donald Trump’s inaugural address, Deputy Governor Ryozo Himino said. […]
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World Bank raises China’s GDP forecast for 2024, 2025
Densely built residential apartment developments near the Kangbashi New District of Ordos City, Inner Mongolia, China, on Aug. 16, 2011. Qilai Shen | Corbis Historical | Getty Images The World Bank raised on Thursday its forecast for China’s economic growth in 2024 and 2025, but warned that subdued household and business confidence, along with headwinds in the property sector, […]
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Bank of Japan expected to keep rates on hold this week — CNBC survey
A Japanese national flag flies while a pedestrian walks past the Bank of Japan (BOJ) headquarters in Tokyo, Japan, on Monday, Sept. 14, 2020. Kiyoshi Ota | Bloomberg | Getty Images The Bank of Japan (BOJ) is likely to keep its benchmark interest rate unchanged this week as it awaits greater clarity on domestic wages […]
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