Together with the news that monthly exports collapsed, the report left economists anticipating the largest contraction in gross domestic product in the second quarter...
The seasonally adjusted unemployment rate was 2.6% in April, up from 2.5% in March, figures from the Ministry of Internal Affairs and Communications showed. TOKYO:...
Economists expect the fiscal year that began in April will see the worst economic contraction in four decades. NEW DELHI: Gross domestic product data out...
That was a much larger decline than the 5.1% drop in a Reuters forecast. TOKYO: Japan’s factory output slid faster-than-expected and retail sales tumbled the...
The Federal Statistics Office said capital investments fell by 6.9%, private consumption by 3.2% and exports by 3.1% between January and March compared with...
Tesla’s China registrations, including imported cars, fell to 4,633 units from 12,709 units in March. U.S. electric vehicle maker Tesla Inc’s China car registrations slumped...
Analysts warn of an even bleaker picture for the current quarter as consumption crumbled after the government in April requested citizens to stay home...
The fiscal year-to-date deficit surged to $1.48 trillion compared to a $531 billion deficit in the comparable period in 2019. WASHINGTON: The United States on...
Data released last week showed China’s exports unexpectedly grew in April from a year earlier, although a sharper-than-expected decline in imports signalled weak domestic...
Household spending slumped 6.0% in March from a year earlier following a 0.3% fall in February, marking the biggest drop in five years, government...