The U.S. economy in the first quarter expanded faster than previously estimated, while future uncertainties, like Brexit, will keep the the country’s growth at a subdued rate for the whole year.
Chinese banks offered strong credit support for the growth of the green economy in 2015.
Eurozone business activity growth slowed slightly in June, according to the Markit Eurozone Flash purchasing managers’ index (PMI), which edged down to its lowest level since January of last year.
The International Monetary Fund(IMF) Managing Director Christine Lagarde (C) speaks at a press conference in Washington D.C., the United States, on June 22, 2016. The International Monetary Fund (IMF) on Wednesday cut its forecast for the U.S. economic growth in 2016, saying that longer-term challenges might threaten its strong and sustainable growth.
The U.S. dollar decreased against most major currencies on Tuesday as investors were digesting Federal Reserve Janet Yellen’s remarks during her semi-annual testimony.
The International Monetary Fund (IMF) increased its projection of GDP growth for Serbia from 1.8 to 2.5 percent on Tuesday.
Chinese leading banks and company on Thursday express their support for a flagship project in the Malaysian capital, which will also house the terminal of the proposed high speed rail linking Kuala Lumpur and Singapore.
A total of 96 contracts worth 15 billion U.S. dollars were signed on Monday between Chinese and German companies at the eighth Chinese-German Forum for Economic and Technological Cooperation.
French finance minister Michel Sapin on Thursday played down the impact rolling strikes against labor reform has on growth, saying they would not be halted due to “meaningless” social action.
China’s consumer price index (CPI), a main gauge of inflation, grew 2 percent year on year in May, official data showed on Thursday.