economic growth News

Australian Manufacturing Sector Shows Robust Growth in April with PMI Above 50 Mark

Australia's manufacturing sector expanded in April with PMI at 51.7, driven by strong demand and new orders growth, according to S&P Global. The sector shows resilience with increa...

March Sees a 0.5% Surge in US Personal Spending: What's Driving the Growth?

The Bureau of Economic Analysis reports a 0.5% increase in US personal consumption expenditures in March, indicating a potential boost in economic activity. More details are expect...

Eurozone Economy Expands: GDP Climbs by 0.4% in Q1 2025 Amidst Varied National Performances

The Eurozone's GDP grew by 0.4% in Q1 2025, with the EU expanding by 0.3%. Yearly growth was 1.2% in the euro area and 1.4% in the EU. Ireland saw a 10.9% rise, while Austria, Hung...

Germany's Economy Shows Resilient Growth with a 0.2% Rise in Q1 Despite Annual Dip

Germany's economy experienced a 0.2% growth in Q1, as reported by Destatis, despite a yearly decline of 0.4%. The increase in household consumption and capital formation indicates ...

Credit Agricole Surges with a 6.6% Revenue Jump to €7.2B in Q1, Outperforming Market Expectations

Credit Agricole reports a 6.6% revenue increase to €7.2B in Q1, showcasing strong financial performance and operational efficiency. Further details and analysis to follow.

South Korea's March Tax Revenue Surges by 5.5 Trillion Won: A Deep Dive into Corporate Tax Contributions

South Korea's tax revenue in March increased by 5.5 trillion won year-over-year, driven by corporate tax growth. Despite positive trends, mandatory interim payments for large compa...

AI Semiconductor Surge Drives 0.9% Growth in March Industrial Production Amid Economic Fluctuations

March 2025 saw a 0.9% growth in industrial production, driven by AI semiconductors, despite declines in consumption and investment. Key sectors like semiconductors and pharmaceutic...

South Korea's Economic Challenge: Per Capita GDP Decline Signals Deepening Low Growth Crisis

The IMF reports a 4.1% drop in South Korea's per capita GDP to $34,642, signaling a low growth crisis. Despite a shrinking population, the economy struggles, with forecasts showing...

IBM Announces Historic $150 Billion Investment in US to Lead in Tech Innovation

IBM plans a $150 billion investment in the US over five years, focusing on R&D for mainframe and quantum computers to boost technological innovation and economic growth.

IBM Announces Groundbreaking $150 Billion Investment in US Tech Innovation Over Next Five Years

IBM plans a $150 billion investment in the US over five years, focusing on R&D for mainframe and quantum computers to drive technological innovation and economic growth.

IBM Announces Groundbreaking $150 Billion Investment in US Tech and Manufacturing

IBM plans to invest $150 billion in the US over five years, focusing on R&D for mainframe and quantum computers to boost technological innovation and economic growth, as announced ...

BOK Governor Hints at Economic Slowdown: Korea's Growth Forecast Faces Potential Downgrade Amid Global Uncertainties

Bank of Korea Governor Rhee Chang-yong indicates a potential downgrade in South Korea's growth forecast due to global uncertainties and emphasizes cautious monetary policy and stru...

India's Economic Boom: RBI Governor Calls on US Investors to Seize Unmatched Growth Opportunities

RBI Governor Sanjay Malhotra invites US investors to explore India's economic growth and stability, highlighting its position as the fastest-growing major economy with significant ...

Foreign Investors Pour Rs 17,425 Crore into Indian Equities: A Sign of Renewed Confidence?

Foreign investors have infused Rs 17,425 crore into Indian equities, driven by global stability and strong domestic fundamentals. Despite mixed overall investments, India's economi...

India's Remarkable Achievement: 171 Million Escaped Extreme Poverty in a Decade, Reports World Bank

India has lifted 171 million people out of extreme poverty between 2011-12 and 2022-23, according to the World Bank. The country's extreme poverty rate dropped from 16.2% to 2.3%, ...

Bank of Russia Holds Steady: Key Interest Rates Remain at 21% Amid Inflation Battle

The Bank of Russia keeps its key interest rates steady at 21%, aiming to combat inflation and achieve a 4% target by 2026. Inflation forecasts for 2025 remain between 7% and 8%, wi...

Bank of Russia Holds Steady: Key Interest Rates Remain at 21% Amid Inflation Battle

The Bank of Russia keeps its key interest rates at 21% to combat inflation, aiming for a 4% target by 2026. Despite efforts, inflation remains high, with forecasts unchanged and do...

Bank of Russia Holds Firm: Key Interest Rates Remain at 21% Amid Inflation Battle

The Bank of Russia keeps its key interest rates at 21% to tackle inflation, aiming for a 4% target by 2026. Inflation forecasts for 2025 remain at 7%-8%, with current rates at 8.3%...

Russia Holds Steady: Central Bank Maintains Key Rate at 21% Amid Inflation Battle

The Bank of Russia keeps its key interest rate at 21% to tackle inflation, aiming for a 4% target by 2026. Inflation forecasts remain at 7%-8% for 2025, with Q1 averaging 8.3%. Cha...

Bank of Russia Holds Steady: Key Rates Remain at 21% Amid Inflation Battle

The Bank of Russia keeps its key interest rates at 21% to fight inflation, aiming for a 4% target by 2026. Inflation forecasts remain unchanged, with challenges from high expectati...

Bank of Russia Holds Interest Rates Steady at 21% Amid Inflation Battle

The Bank of Russia keeps its key interest rates at 21% to combat inflation, aiming for a 4% target by 2026. Despite expectations of declining inflationary pressures, high inflation...

Bank of Russia Holds Firm on High Interest Rates Amid Persistent Inflation Concerns

The Bank of Russia keeps its key interest rate at 21% to tackle inflation, aiming for a 4% target by 2026. Inflation is forecasted between 7%-8% for 2025, with current rates at 8.3...

Bank of Russia Maintains Key Rates at 21% Amid Inflation Concerns and Economic Adjustments

The Bank of Russia keeps its key interest rates steady at 21%, aiming to curb inflation to 4% by 2026. Inflation forecasts for 2025 remain at 7%-8%, with Q1 averaging 8.3%. Challen...

Bank of Russia Holds Steady: Key Interest Rates Remain at 21% Amid Inflation Battle

The Bank of Russia keeps its key interest rates at 21% to fight inflation, aiming for a 4% target by 2026. Inflation forecasts remain unchanged, with high expectations and domestic...

Bank of Russia Holds Steady: Key Interest Rates Remain at 21% Amid Inflation Control Efforts

The Bank of Russia has decided to keep its key interest rates at 21%, aiming to control inflation and reach a 4% target by 2026 through tight monetary policies.

Surprising Drop in UK Consumer Confidence Hits New Low in April, Exceeding Forecasts

The UK's consumer confidence index dropped to negative 23 points in April, a significant decline from March's negative 19 points, indicating growing economic concerns among househo...

March Sees a Stunning 9.2% Surge in US Durable Goods Orders, Led by Transportation Equipment

US durable goods orders surged by 9.2% in March, with transportation equipment leading the growth with a 27% increase. Excluding transportation and defense, orders showed stability...

March Sees a Stunning 9.2% Surge in US Durable Goods Orders, Led by Transportation Equipment

In March, US durable goods orders surged by 9.2%, driven by a 27% increase in transportation equipment orders. Excluding transportation, orders were stable, highlighting the sector...

March Sees a Stunning 9.2% Surge in US Durable Goods Orders, Signaling Economic Resilience

In March, US durable goods orders experienced a significant 9.2% increase, with transportation equipment leading the surge. Excluding transportation, orders were stable, while defe...

ECB's Nagel Predicts Stronger Inflation Impact in US Over Europe Due to Tariffs

Joachim Nagel of the ECB suggests tariffs will have a stronger inflationary effect in the US than in Europe, with significant implications for economic growth, especially in German...

March Sees a Stunning 9.2% Surge in US Durable Goods Orders, Signaling Economic Resilience

In March, US durable goods orders surged by 9.2%, with transportation equipment leading the growth. Excluding transportation, orders were stable, showing a balanced economic recove...

March Sees a Stunning 9.2% Surge in US Durable Goods Orders, Led by Transportation Equipment

US durable goods orders experienced a significant 9.2% increase in March, with transportation equipment leading the surge. Excluding transportation, orders remained stable, showing...