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Economy 01 May 2017 | 12:00 AM

Economist sees China’s growth close to year’s peak

BEIJING: China’s official factory and services gauges pulled back from multi-year highs, dimming the outlook for the sustainability of the past two quarters’ acceleration in economic growth.

Economy 12 Dec 2016 | 2:31 AM

China should target 6.5% economic growth in 2017

SHANGHAI: China should set an economic growth target of around 6.5 percent for 2017, although it is very likely that it will be able to exceed that level, the State Information Center said on Monday.

Business 14 Apr 2015 | 12:00 AM

World Bank sees 4.7% growth for Malaysia

SINGAPORE: Malaysia’s economic growth is expected to slow down to 4.7% in 2015 before normalising to 5% in 2016, while the current account would remain in a small surplus.

Business 11 May 2015 | 6:44 AM

Euro zone set to report solid growth, for a change

LONDON: With optimism building that the United States is already recovering smartly from another horrible start to the year, focus will shift this week to reports that may show the euro zone is finally shaking off half a decade of torpor.

Business 28 Jun 2019 | 12:00 AM

Singapore's economy seen to grow at slowest pace in 10 years

SINGAPORE: Singapore’s central bank is reviewing its 1.5%-2.5% economic growth forecast for this year and isn’t ruling out off-cycle monetary easing as the US-China trade war roils the export-dependent economy, its chief Ravi Menon said.

Business 09 May 2019 | 12:00 AM

BoT stands pat despite seeing economic growth slow

BANGKOK: Thailand’s central bank left its benchmark rate where it has been since December, as expected, saying policy is accommodative enough to aid a slowing economy as global and domestic uncertainties remain high.

Markets 22 Nov 2017 | 12:59 AM

Asian stocks rally on boost from strong global growth, earnings(Update)

SYDNEY: Asian shares scaled a fresh decade peak on Wednesday thanks to surging markets in Europe and America, as strong global growth and rising corporate profits lured hordes of investors into equities

Economy 01 May 2017 | 4:32 PM

Mnuchin sees US growth reaching 3% in time, tax cuts to help

BEVERLY HILLS: U.S. Treasury Secretary Steven Mnuchin said on Monday that economic growth of three percent is achievable in the next two years as the Trump administration sets out to dramatically cut taxes

Economy 22 Dec 2015 | 6:34 AM

S. Korea central bank says households' fiscal health has worsened

SEOUL: South Korea's central bank said the fiscal health of the country's household sector has worsened slightly as debt growth outpaced income growth in the second half of the year.

Business 11 Jan 2014 | 6:50 AM

US job growth falters as cold weather grips nation

WASHINGTON: U.S. employers hired the fewest workers in nearly three years in December, but the setback was likely to be temporary amid signs that unusually cold weather may have had an impact.