growth

World Bank slashes China growth forecast over Covid damage

  by Beiyi Seow Agence France-Presse BEIJING, China (AFP) -- The World Bank has sharply slashed its annual growth forecast…

China premier issues warning on Covid-hit economy

by Beiyi SEOW China's premier has sounded an unusually stark warning about the world's second-largest economy, saying it must return…

War in Ukraine could halve 2022 global trade growth: WTO

  by Robin MILLARD Agence France Presse GENEVA, Switzerland (AFP) -- Russia's war in Ukraine could almost halve world trade…

PHL economy grows by 7.7 percent in 4th quarter of 2021 despite Delta variant, super typhoon Odette impact

PHL posts 5.6 percent overall growth based on GDP for whole year of 2021   (Eagle News) – The Philippine…

Lockdowns sink Australian economy in third quarter

  by Andrew BEATTY Agence France Presse SYDNEY, Australia (AFP) -- Pandemic-induced lockdowns caused Australia's economy to shrink 1.9 percent…

Lockdowns cause Australian economy to shrink

SYDNEY, Australia (AFP) -- Lockdowns and border controls shrank Australia's economy by 1.9 percent in the third quarter, official statistics…

PHL economic managers’ full statement on strong 3rd quarter performance of PHL economy this 2021

(Eagle News) -- Below is the full joint statement of the economic managers of the administration of President Rodrigo Duterte…

IMF warns supply snarls slowing global recovery

by Heather SCOTT WASHINGTON, United States (AFP) -- Worldwide supply chain disruptions are driving price increases and draining momentum out…

Singapore lifts GDP forecast as export markets get vaccine boost

SINGAPORE, Singapore (AFP) -- Singapore on Wednesday upgraded its growth forecast for this year as the trade-reliant economy's key export…

Philippine economy rebounds in Q2 but faces ‘speed bumps’

Growth in 2nd quarter fastest in more than three decades   MANILA, Philippines (AFP) -- The Philippine economy grew in…

UK economy shrank 1.5% in first quarter: official data

LONDON, United Kingdom (AFP) -- Britain's economy contracted by 1.5 percent in the first quarter as the country suffered a…

Japan’s economy shrank more than estimated in Q2

  TOKYO, Japan (AFP) -- Japan's economy shrank slightly more than initially thought in the April-June quarter, official data released…

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