China’s economy grew faster than expected in the first quarter of the year with help from policies and stronger demand, though signs of weakness in the troubled housing market persisted. The world’s second-largest economy expanded at a 5.3% annual pace in January-March, beating analysts’ forecasts of about 4.8%, data released Tuesday showed. Compared to the […]
China’s economy grew faster than expected in the first quarter of the year with help from policies and stronger demand, though signs of weakness in the troubled housing market persisted. The world’s second-largest economy expanded at a 5.3 per cent annual pace in January-March, beating analysts’ forecasts of about 4.8 per cent, data released on […]
The US economy slowed far more than expected in the first quarter of the year as its gross domestic product (GDP) endured the influence of stubborn inflation and high interest rates.
By Peter Catterall China’s economy expanded far more than expected in the first quarter of 2024, data showed Tuesday, but disappointing retail and industrial figures suggested leaders face severe headwinds to hit their annual growth target. Beijing has set a goal of around five percent for 2024, which officials have already admitted will “not be […]
Russia's economy is on track to outperform all advanced economies this year in a devastating blow to Western nations.
The IMF estimates Russia's economy will grow faster than the likes of the US, UK and Germany this year.
Snap beat Wall Street's expectations for quarterly revenue and user growth on Thursday, as improvements to its advertising system delivered results faster than anticipated. Shares of Snap spiked 25% to $14.32 in after-market trading. The owner of photo messaging app Snapchat has been working over the past year to improve how it targets ads to users and simplify the way people interact with the ads. The company has historically struggled to compete against much larger rivals like Facebook owner...
HSBC has approved a first interim dividend of 10 cents per share, as well as a special dividend of 21 cents per share.
Samsung Electronics on Tuesday said operating profit for the first quarter jumped as memory chip prices rebounded on the back of AI optimism.
This ends a six-quarter period where GDP growth remained at 2% or higher. But the decrease may not be a cause for concern at this point.
GDP slows to 1.6% (Second column, 2nd story, link) Related stories:Fed Rate Cuts Slipping Away Drudge Report Feed needs your support! Become a Patron
Deutsche Bank reported first-quarter earnings on Thursday.