Reuters US Economy

Taiwan raises 2025 GDP growth forecast, cautious about 2026 outlook on US tariffs

15 Aug 2025

By Faith Hung and Liang-sa Loh TAIPEI (Reuters) -Taiwan’s economy is expected to grow faster in 2025 than previously forecast due to strong tech demand but will likely slow next year, the statistics agency said on Friday, amid concern about higher tariffs and uncertain U.S. trade relations. Taiwan is a key hub in the global …

Taiwan raises 2025 GDP growth forecast, cautious about 2026 outlook on US tariffs Read More »

Hong Kong Q2 GDP expands 3.1% y/y, full-year growth forecast maintained

15 Aug 2025

HONG KONG (Reuters) -Hong Kong’s economy expanded by 3.1% in the second quarter from the same period a year earlier, supported by a surge in rush shipments following the temporary easing of U.S. tariff measures, the government said on Friday. The latest GDP figure was in line with the official estimate released in late July, …

Hong Kong Q2 GDP expands 3.1% y/y, full-year growth forecast maintained Read More »

Sri Lanka’s central bank expects economy to grow by 4.5% in 2025

15 Aug 2025

By Uditha Jayasinghe COLOMBO (Reuters) -Sri Lanka’s economy will grow by 4.5% this year, the central bank said in a monetary policy report on Friday, despite some risks to the island nation’s recovery from U.S. tariffs. The central bank’s projection is above World Bank estimates of 3.5% growth for this year. Underpinned by a $2.9 …

Sri Lanka’s central bank expects economy to grow by 4.5% in 2025 Read More »

Malaysia growth near forecast in second quarter, but central bank flags tariff uncertainty

15 Aug 2025

By Rozanna Latiff KUALA LUMPUR (Reuters) -Malaysian economic growth came in close to expectations in the second quarter, official data showed on Friday, though the central bank said the outlook was clouded by uncertainty arising from U.S. tariffs. Gross domestic product grew 4.4% in the April-to-June period from a year earlier, data from Bank Negara …

Malaysia growth near forecast in second quarter, but central bank flags tariff uncertainty Read More »

New Zealand’s population exodus hits 13-year high as economy worsens

15 Aug 2025

SYDNEY (Reuters) -New Zealand citizens leaving the country have hit the highest levels in 13 years, with more than a third of those emigrating aged under 30 years as unemployment rises and economic growth remains soft. Data released by Statistics New Zealand on Friday showed 71,800 New Zealand citizens departed New Zealand in the year …

New Zealand’s population exodus hits 13-year high as economy worsens Read More »

Forestry giant Copec’s profit dips as revenue beats forecasts

15 Aug 2025

(Reuters) -Chilean industrial conglomerate Empresas Copec on Thursday posted an 21% drop in second-quarter profit although revenue surpassed expectations, as the forestry giant faces falling pulp prices and impacts from the U.S.-China trade war. Net profit for the three months ended June hit $228 million – in line with forecasts of analysts polled by LSEG …

Forestry giant Copec’s profit dips as revenue beats forecasts Read More »

New Zealand manufacturing activity expands in July, survey shows

15 Aug 2025

SYDNEY (Reuters) -Manufacturing activity in New Zealand rose in July, returning to levels of expansion seen during early 2025 after new orders and production metrics hit the highest level in three years, a survey showed on Friday. The Bank of New Zealand-Business NZ’s seasonally adjusted Performance of Manufacturing Index (PMI) increased to 52.8 in July …

New Zealand manufacturing activity expands in July, survey shows Read More »

TSX pulls back from record high as investors turn focus to Jackson Hole

14 Aug 2025

By Fergal Smith (Reuters) -Canada’s main stock ended lower on Thursday, led by declines for industrial and technology shares, as a large increase in U.S. producer prices complicated the inflation outlook for the Federal Reserve ahead of a major economic gathering next week. The S&P/TSX composite index was down 77.44 points, or 0.3%, at 27,915.99, after posting …

TSX pulls back from record high as investors turn focus to Jackson Hole Read More »

New Zealand central bank to cut cash rate by 25 bps to 3% on August 20: Reuters poll

14 Aug 2025

By Devayani Sathyan BENGALURU (Reuters) -The Reserve Bank of New Zealand will lower its key interest rate to 3% on Wednesday to support the economy amid contained inflation and labour market weakness, a Reuters poll showed. In July, the central bank held rates at 3.25%, citing near-term inflation risks, but signaled readiness to ease if …

New Zealand central bank to cut cash rate by 25 bps to 3% on August 20: Reuters poll Read More »

Exchange operator Miami International soars 38% in debut after $345 million IPO

14 Aug 2025

By Arasu Kannagi Basil, Anirban Sen and Rishab Shaju NEW YORK (Reuters) -Shares of Miami International Holdings jumped 38% from their initial public offering price, valuing the exchange operator at about $2.5 billion on its debut in New York on Thursday. The stock market launch of MIAX, as the company is referred to, marks the …

Exchange operator Miami International soars 38% in debut after $345 million IPO Read More »

Close Bitnami banner
Bitnami