China’s economy grows in first quarter despite Iran war chaos
GDP advanced 1.3%, a rate that would put the economy on track to expand by more than 5% annually
GDP advanced 1.3%, a rate that would put the economy on track to expand by more than 5% annually Grouped from 4 articles across 4 sources.
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GDP advanced 1.3%, a rate that would put the economy on track to expand by more than 5% annually
The better-than-expected GDP data comes as Asian countries have been hit hard by the impact of the conflict.
Beijing had lowered its growth target this year to a range of 4.5% to 5%, the least ambitious goal on record going back to the early 1990s.
ONS figure for February suggests Britain was gaining momentum before conflict dashed hopes of recovery Business live – latest updates UK GDP expanded by a stronger than expected 0.5% in February, official figures show, suggesting the economy was gaining momentum before the onset of war in the Middle East dashed hopes of recovery. The jump, reported by the Office for National Statistics (ONS), was significantly bigger than the 0.1% forecast by economists. January’s flatlining figure was also revised up, to 0.1% growth. Continue reading...
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The Iran war has deepened the damage to its sanctions-hit economy, but oil revenues have provided a crucial cushion.
The FIFA chief has confirmed that Iran will play in the World Cup despite the ongoing war, saying sport should build bridges and remain outside politics. Grouped from 3 articles across 3 sources.
TSMC reported another quarter of record profit, with the company expecting AI demand to continue to grow. Grouped from 2 articles across 2 sources.
The S&P 500 and the Nasdaq closed at record highs on Wednesday despite the Iran war dragging on, the Strait of Hormuz remaining largely blocked and global economic growth forecasts being cut amid rising inflation.
A high-level delegation from Pakistan is to continue talks in Tehran to push for fresh US-Iran negotiations. Follow DW for more. Grouped from 2 articles across 2 sources.
The technology would enhance Iran's ability to detect and track incoming threats, like low-flying drones and cruise missiles.