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China's economic growth picks up as AI boom boosts exports
China's economic growth picked up in the three months to the end of September, rebounding from a three-year low as the artificial intelligence (AI) boom helped boost exports. The world's second largest economy grew by 4.5% in the third quarter, up…
China's economic growth picks up as exports boom, consumers balk
China's economic growth bounced off three-year lows in the third quarter, as roaring exports offset consumers' tight grip on their wallets, though analysts warn the growing reliance on external drivers is deepening structural imbalances. SCROLL TO…
China's economy grows faster than forecast after AI boom boosted exports
Roaring exports lifted China's economic growth in the third quarter of this year, with factory output growing much faster than lacklustre consumer spending. China's GDP grew by 4.5% year-on-year between July and September, the National Bureau of…
China's economy accelerates on robust exports as domestic weakness persists
HONG KONG — China said Monday that its economy grew 4.5% for the July-September quarter from a year earlier fueled by robust exports, moving closer to meeting its official annual growth target as the year nears its end and at a time when its…
Burnham warns of Neets-fuelled 'economic catastrophe and moral failure
Prime Minister Andy Burnham has warned the UK faces an 'economic catastrophe and moral failure' due to the nearly one million young people not in education, employment or training. Writing in the Times newspaper, Burnham has laid out his case for…
Khosla Ventures doubles down on Even Healthcare to challenge India's hospital economics
Even Healthcare has raised $50 million in a funding round led by Khosla Ventures, as the Indian startup seeks to change how hospitals in the world's most populous country make money and how doctors are rewarded. The all-equity Series B round also…
The Iran War has sent gas and oil prices higher. That could spell economic disaster in the midterms.
It's expensive out there: Gas prices have been stuck at over $4 a gallon for more days this year than any other. The war in Iran shows no signs of cooling off. Inflation is swallowing any raises you might have gotten at work. It's a recipe for a…
Jamie Dimon's View on the U.S. Economy: Booming, but War and Inflation Pose Risks
The state of the U.S. economy is strong. That's according to Jamie Dimon, chief executive of JPMorgan Chase, who gave his view on the economic outlook in a recent interview with the WSJ Leadership Institute's Alan Murray. Dimon listed some of the…
China's Economy Expanded 4.5% in Third Quarter, Powered by Exports
China's economic growth picked up in the third quarter, recovering from a three-year low as booming exports mitigate a deepening economic slowdown at home. Gross domestic product expanded 4.5% in the period between July and September compared with…
Wright defends waiving sanctions: 'It's not an economic lifeline for Russia'
Energy Secretary Chris Wright on Sunday backed President Trump's move to waive sanctions against Russia under a new legislation package, insisting that it is “not an economic lifeline” for Russia. “This is an incentive to…
Why Huye's economic potential remains largely untapped
Huye has many of the ingredients needed for a thriving local economy: a large student population, fertile agricultural land, cultural and tourism attractions, a growing industrial base and proximity to regional markets. Yet much of that potential…
D.C. tax hikes spark debate over city's economic future
D.C. leaders are eyeing a menu of tax increases to make up for a declining economy. Why it matters: An agonizing dilemma besets a left-leaning City Hall — what to do now, with the 2010s economic boom way over, and with President Trump…
China's economy grew 4.5% in the previous quarter, better than forecasts
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China's economy picks up pace in Q3 as exports power uneven recovery
BEIJING — China's economy grew faster than expected in the third quarter as a surge in exports and strong factory activity offset persistent weakness in domestic demand, easing pressure on policymakers to roll out more forceful stimulus…
Further rate rises risk tipping economy 'over the edge'
The chief economist of the nation's biggest bank has warned the Reserve Bank could crash the economy if it pushes up interest rates much further amid signs oil prices could be stuck above $US100 a barrel in the run-up to Christmas, adding to…
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