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China Plans Around 5% Growth Goal, Higher Deficit, Reuters Says

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(Bloomberg) -- Chinese leaders plan to set an annual growth goal of about 5% for next year, and raise the...
Bussiness

Exclusive-China plans record budget deficit of 4% of GDP in 2025, say sources

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(Reuters) - Chinese leaders agreed last week to raise the budget deficit to 4% of gross domestic product (GDP) next...
Bussiness

Australia’s GDP Growth Disappoints as Households Hunker Down

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(Bloomberg) -- Australia’s economic growth remained sluggish in the three months through September as a surge in government spending helped...
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US third-quarter economic growth unrevised at 2.8%

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WASHINGTON (Reuters) - The U.S. economy grew at a solid clip in the third quarter, the government confirmed on Wednesday,...
Bussiness

Charting the Global Economy: US Inflation Progress Stalls

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(Bloomberg) -- US inflation is proving stubborn while consumer spending shows scant signs of any concerning slowdown, laying the groundwork...
Bussiness

US business inventories rise less than expectated in September

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WASHINGTON (Reuters) - U.S. business inventories increased less than expected in September as a rise in stocks at retailers was...
Sports

StatCan estimates economy grew at annualized rate of 1% in Q3

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OTTAWA — The Canadian economy was flat in August as high interest rates continued to weigh on consumers and businesses,...
Sports

China economy slowdown deepens, official figures show

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China's economy expanded in the third quarter at the slowest pace since early last year, as the country struggles to boost flagging growth.On an...
Bussiness

Goldman Sachs Upgrades China Growth Forecasts on Latest Stimulus

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(Bloomberg) -- Goldman Sachs Group Inc. upgraded its forecasts for China’s economic growth in 2024 and 2025 after Beijing unveiled a series of measures...
Bussiness

UK Economy Saw Return to Growth Before Budget Jitters Took Hold

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(Bloomberg) -- The UK economy returned to growth in August, putting Prime Minister Keir Starmer on track for a modest recovery before worries about...
Bussiness

Vietnam’s Economic Growth Unexpectedly Quickened Last Quarter

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(Bloomberg) -- Vietnam’s economic growth unexpectedly accelerated last quarter, defying the impact of September’s devastating typhoon to farms and factory activity.Most Read from BloombergGross...
Bussiness

US economic growth, corporate profits revised higher in 2023

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By Lucia MutikaniWASHINGTON (Reuters) - The U.S. economy grew faster than initially thought in 2023 amid upgrades to business investment and consumer spending despite...
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