Chinese authorities have finally released the GDP data that was originally set for release on October 18th but delayed without any explanation. The latest data showed a rebound in Chinese economy at a faster than expected pace in the third quarter.

WION Business News | China's GDP growth rebounds at a faster pace

A day after the Communist Party of China (CPC) Congress ended with Xi Jinping securing a third term in the office, Beijing released its third-quarter gross domestic product figures.

China reports 3.9% GDP growth in Q3, up from the 0.4% recorded in Q2

Singapore City State's economy has returned to growth in third quarter while showing fragility of post-pandemic prospects. The gross domestic product (GDP) in three months through September was up 1.5 percent from previous quarter.

World Business Watch: Central bank tightens monetary policy settings in Singapore

The IMF has revised its economic projections for 2023. It forecasts a lower GDP but says a recession is not likely. However, it warns that 2023 will feel like a recession for many people. Priyanka Sharma tells you more.

Gravitas: IMF reduces 2023 GDP outlook

Banking major Goldman Sachs has cut the GDP forecast for the US for 2023, anticipating an aggressive rate hike from the Federal Reserve. Reportedly, the GDP growth will see a decline of 0.

Goldman Sachs slices US GDP forecast; predicts fed hike and rise in unemployment

Australia has now introduced smart bins as a solution for waste management issues that the country faces. The AI-powered smart bin is equipped to segregate recyclables all by itself. However, experts are claiming that a smart bin like this may also increase waste-recovery rates in the country and help produce better quality recyclable products that will add to Australia's GDP.

Australia introduces smart bins as a solution for waste management

In 2022, Saudi Arabia is expected to have the fastest-growing economy, surpassing other faltering Western European and North American countries as well as Asian heavyweights China and India.

Saudi Arabia to be the world's fastest-growing economy in 2022; GDP to rise by 7.5%: Report

Saudi Arabia is poised to become the fastest growing economy in 2022 outpacing Asian giants like China India South Korea and other European nations as well. According to this new report, it is being said that the GDP of Saudi Arabia is expected to reach 7.5% this year.

Report: Saudi Arabia to grow at fastest pace in a decade

India has overtaken the United Kingdom to become the fifth largest economy in the world, according to Bloomberg, which has cited GDP figures from the International Monetary Fund.

India overtakes UK to become world’s fifth largest economy

A report authored by State Bank of India's (SBI) chief economic adviser Soumya Kanti Ghosh has stated that India is likely to become the third largest economy by 2029, largely due to the structural shift since 2014.

India may surpass Germany, Japan to become the third largest economy by 2029: Report

India's economy grew at its fastest pace of 13.5 percent year-on-year in the April to June quarter. A rebound in private consumption that's one of the key drivers of growth.

India's Q1 GDP grows at 13.5%, fastest pace in a year

India posted a GDP growth of 13.5% in the first quarter of the ongoing financial year. How does India's performance compare with other major economies? What are the challenges ahead? Palki Sharma tells you.

Gravitas: India outperforms major economies

The National Statistical Office (NSO) on Wednesday revealed data showing that India's GDP expanded at its quickest rate in a year during the April-June quarter. During the three months that ended on June 30, 2022, India's GDP increased by 13.

India's GDP jumped 13.5% in June quarter on pandemic rebound: Official figures

According to Reuters poll, economists predict that India's GDP grew by 15.2 percent in April to June 2022 financial quarter. This is compared to India's GDP during the same time period a year ago. This would make the last financial quarter India's best for growth in a year.

Economists expect India's growth rate to dip

A little more than a month after China's National Bureau of Statistics released its report stating that the Chinese economy had only grown by a tiny 0.4 per cent in the second quarter, Goldman Sachs and Nomura have downgraded China's growth forecast as well.

Dark clouds for China: Goldman Sachs and Nomura slash China's GDP outlook

Global banks and rating agencies Goldman Sachs and Nomura have cut down forecasts for economy of China, they have further downgraded their forecast for world's second largest economy with a power shortage making outlook in China even more uncertain.

Goldman Sachs, Nomura cut China GDP forecasts

The Office for National Statistics said Britain's gross domestic product fell by 0.1% between April and June, down from 0.8% growth in the previous quarter.

UK GDP shrunk by 0.1% between April and June

Reports say Chinese leaders told the government that this year's economic growth of about 5.5% is a guidance and not a hard target in a meeting last week. Does it mean China will miss its GDP target? Molly Gambhir tells you more.

WION Fineprint: China omits mention of GDP growth goal

Hong Kong has slipped back into a technical recession, new government figures showed on Monday. After falling 3.9 percent year-on-year in the first quarter of 2022, the city’s GDP on Monday reported another decline in the second quarter.

WION Dispatch: Hong Kong’s economy is slipping into a technical recession

For two consecutive quarters now - the American economy has contracted. For many economists this would mean the beginning of a recession. But American leaders argue - the US is not in a recession. Who is right? Palki Sharma tells you.

Gravitas: Is America in a recession?

A day after the United States federal reserve raised interest rates for the second consecutive time, worrying government data shows that the US economy contracted for a second quarter between April and June.

US GDP declines at an annual rate of 0.9%

The world’s largest economy has contracted for a second consecutive quarter. The US recorded a 0.9% decline in output on an annualized basis between April and June.

Recession fears deepen as US economy contracts for second consecutive quarter

The US economy has contracted for the second consecutive quarter, a development that in many other nations would be regarded as an economic recession. In contrast, the US uses extra information to make that choice.

Fueling recession fears, the US economy shrank again in second quarter

China’s economy contracted sharply in the second quarter plunging to 0.4 per cent, the lowest in two years, as the world’s second largest economy was hit hard by the zero-COVID policy.

China’s economy shrinks sharply in Q2 on zero-COVID policy, GDP plunges to 0.4%

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