Singapore's gross domestic product expanded 14.3 percent on year in the second quarter of 2021, the Ministry of Trade and Industry said in Wednesday's advance estimate.Original Article Read More →

China's exports grew more-than-expected in June despite the closure of major ports in southern China due to Covid-19 cases among port workers. In dollar terms, exports advanced 32.2 percent year-on-year in June, data from the General Administration of Customs showed Read More →

Australia's central bank decided to scale back its quantitative easing programme citing stronger-than-expected economic recovery and suggested that interest rates will remain at the current level until 2024. The policy board of the Reserve Bank of Australia headed by Governor Read More →

German economic confidence weakened to a six-month low in July, survey data from the ZEW - Leibniz Centre for European Economic Research showed Tuesday. The ZEW Indicator of Economic Sentiment declined sharply to 63.3 in July from 79.8 in the Read More →

Germany factory orders declined unexpectedly in May driven by weak foreign demand, data published by Destatis showed on Tuesday. Manufacturing orders dropped 3.7 percent month-on-month in May, reversing a revised 1.2 percent rise in April and confounding expectations for an Read More →

After reporting record U.S. service sector growth in the previous month, the Institute for Supply Management released a report on Tuesday showing the pace of growth in the sector slowed more than expected in the month of June.Original Article Read More →