China posts 5.4% GDP growth in first quarter, beating forecasts

April 16, 2025April 16, 2025 by Farhan

Statistics agency says economy ‘off to a good start’ despite more ‘complex and severe’ external environment. China’s economy grew 5.4 percent in the January-March quarter, the country’s statistics agency has said, a stronger-than-expected performance that comes as exporters are bracing for the fallout of United States President Donald Trump’s punishing tariffs. Industrial output rose 6.5 … Read more

Singapore economy grows 4%, beating forecasts

January 2, 2025January 2, 2025 by Farhan

Singapore Prime Minister Lawrence Wong says most workers have seen wages outpace inflation. Singapore’s economy grew 4 percent in 2024, comfortably beating forecasts, according to preliminary government figures. Gross domestic product (GDP) expanded 4.3 percent in the October-December period, Singapore’s Ministry of Trade and Industry said on Thursday, lifting full-year growth to its strongest performance … Read more