A surge in imports ahead of anticipated tariffs resulted in the first negative reading for US economic growth in three years.

BEIJING/SINGAPORE (Reuters) -After Chinese banks reduced deposit rates last week, Miro Chen launched a social media poll: ...

In the coming week starting from May 26, the market is expected to be rangebound with a positive bias with focus on ...

The U.S. economy contracted at a rate of 0.3% in the first quarter of 2025, according to an estimate released on Wednesday by the Bureau of Economic Analysis.

Each state's GDP compares to that of another country in the world.

Economists have cut their consensus forecast for South African economic growth this year by 0.3 percentage points in May, in ...

Despite an agreement with the Trump administration, the UK economy will be hit by tariffs and suffer from "weak" productivity, the IMF warns.

The NZD/USD pair hit year-to-date (YTD) highs above the 0.6000 threshold on Monday in the countdown to the RBNZ event risk. The continued US Dollar (USD) weakness due to domestic fiscal concerns and ...

The US economy just had its worst quarter since 2022 as President Donald Trump’s significant policy changes unnerved consumers and businesses.

President Cyril Ramaphosa faced tough questions in the National Assembly, including criticism of his United States (US) trip, his government’s failure to curb the rising cost of living, slow economic ...

The economy contracted 0.3% in the 1st quarter as imports surged ahead of Trump's tariffs. But underlying data showed sturdy growth, despite GDP drop.

Consumer spending, which accounts for more than two-thirds of U.S. economic activity, surged 0.7% in March after an upwardly revised 0.5% gain in February, the Commerce Department' said on Wednesday.