Tag: Economic growth
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IMF says AI investment propping up global growth, but war and debt threaten outlook
BANGKOK: The global economy will still manage to top 3 per cent real GDP growth this year as strong AI investment offsets the energy shock from the war in the Middle East, but downside risks are mounting and more countries are being left behind and vulnerable to rising debt loads, the International Monetary Fund sai
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German economic growth forecast doubles for 2026
German research institutes have increased their prognosis for the country’s economic growth to 1.3% in 2026
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U.S. retreat from global order ‘eroding’ European competitiveness, central bank boss warns
ECB chief Christine Lagarde called for better integration across the region if Europe wants to compete in the age of AI.
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South Korea says the chance of 3% economic growth has risen sharply
SEOUL, Aug 6 : South Korea’s Finance Ministry said on Thursday that the possibility has increased greatly of economic growth rising to the 3 per cent level for the first time in five years.Last month, the finance ministry raised this year’s economic growth forecast to 3.0 per cent from 2.0 per cent. The econo
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WP calls for SME-driven economic growth; PAP says Singapore needs both local firms and MNCs
The debate centred on whether Singapore should rebalance its economic strategy to place greater emphasis on homegrown enterprises.
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North Korea growth topped 3% for third straight year in 2025: Seoul
SEOUL: North Korea’s economy grew more than 3 per cent for a third straight year in 2025, South Korea’s central bank estimated on Friday (Jul 31), as Pyongyang continues to deepen economic and military ties with Russia.The Bank of Korea (BoK) has published annual estimates of the North’s economy since 1991, b
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US economic growth slows in second quarter, missing expectations
WASHINGTON: The United States saw slowing growth in the second quarter, the Commerce Department said on Thursday (Jul 30), with the fallout from President Donald Trump’s Iran war weighing on the world’s largest economy.GDP grew at a sluggish annualised rate of 1.5 per cent in the second quarter, the Bureau of
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US economic growth slows to 1.5% in second quarter
The economy grew at an annual rate of 1.5% in the three months to June, down from 2.1% seen in the previous quarter.
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Japan finance minister: economic growth potential may warrant review of pension asset mix
TOKYO, July 16 : Japanese Finance Minister Satsuki Katayama said on Thursday that an increase in the economy’s growth potential stemming from a shift in government policy could warrant changes to the asset allocations of the nation’s state pension funds.The Government Pension Investment Fund (GPIF) “reviews i
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China economic growth falls sharply, missing target
Weak demand domestically and the impact of the Iran war on oil prices overshadowed the country’s strong exports.
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