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Economic Buzz: South Korea GDP shrinks 0.2% in Q1
South Korea's gross domestic product contracted a seasonally adjusted 0.2 percent on quarter in the first quarter of 2025, the Bank of Korea said on Thursday.
NATO ministers to discuss defence spending hike ahead of key summit
US President Donald Trump has said NATO allies should boost investment in defence to 5% of gross domestic product, up from ...
India must invest big to hit 2070 net-zero goal, says Moody’s
To meet its 2070 net-zero target, India must invest 2% of GDP annually in the power sector, even as coal use rises to support ...
Australian household spending rises meagre 0.1% in April
Australian household spending rose only marginally in April, data showed on Thursday, a further sign consumption was still ...
Is Australia doing better than its peers economically? The answer is complicated
Australia's GDP has been predicted to grow 1.8 per cent in 2025 after a softer-than-expected start to the year.
Bank of Canada holds key interest rate at 2.75%, citing trade uncertainty
The Bank of Canada once again hit the pause button on interest rate cuts, despite recent concerns of a recession in the face ...
Bank of Canada most likely to hold rates after rise in core inflation, GDP surprise
The Bank of Canada is expected to hold interest rates at 2.75% on Wednesday, with rising core measures of inflation and ...