China’s Economy Grew 5.3% In First Quarter, Beating Expectations
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China’s economy grew 5.3% in first quarter, but property sector remains obstacle to recovery
By Peter Catterall China’s economy expanded far more than expected in the first quarter of 2024, data showed Tuesday, but disappointing retail and industrial figures suggested leaders face severe headwinds to hit their annual growth target. Beijing has set a goal of around five percent for 2024, which officials have already admitted will “not be […]
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S&P Global Market Intelligence U.S. Bank Market Report Finds Earnings are Expected to Fall 2.8% year-over-year in 2024, but Rebound Strongly in 2025
/PRNewswire/ -- Higher credit costs are expected to serve as a modest headwind to U.S. bank earnings this year, according to S&P Global Market Intelligence's
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Hong Kong economy to grow 2.5%-3.5% in Q1, financial chief says
Hong Kong's gross domestic product (GDP) is expected to grow between 2.5% and 3.5% for the first quarter, maintaining moderate growth for a fifth consecutive quarter, the city's finance chief said on Sunday. January-March GDP, scheduled to be released on Thursday, is expected to be "within the range of the full-year economic growth forecast", Financial Secretary Paul Chan said in his blog without elaborating. As Hong Kong seeks new sources of growth points, mega events such as fireworks will...