gdp

Companies That Rely on Foreign Trade to Make Profit Likely to Suffer Losses in the Event of a Trade War

Companies That Rely on Foreign Trade to Make Profit Likely to Suffer Losses in the Event of a Trade War

The proposition to impose tariffs on steel and aluminum imports has sparked rumors about a possible trade war. A trade war ensues when countries try to protect their local businesses by imposing tariffs on imports from other countries. A trade war c..

Asian Markets Close Lower to Match the US Dips

Asian Markets Close Lower to Match the US Dips

The majority of the Asian markets dipped on November 30, with the stabilization of oil prices post dip in the last session. Technology stocks went south after the US shares in this sector got sold off on November 29. Regional investors also took int..

U.S. Economy Grows At 3% in the Second Quarter

U.S. Economy Grows At 3% in the Second Quarter

The U.S. economy was revised to grow faster than expected in the second quarter due to strong consumer spending and robust business investment.Gross domestic product rose at an annualized 3.0 percent in the second quarter, the fastest pace in more t..

China's Economic Growth Exceeds Expectations

China's Economic Growth Exceeds Expectations

Official data has now been released and it shows that China's Gross Domestic Product (GDP) is growing at a rate of 6.9% annually. This indicates that the Asian economy is steadily maintaining its pace of growth, despite some predictions of a dip..