Singapore grows 5.4% as manufacturing momentum eases
Advance third-quarter estimates show continued expansion, with a pullback in manufacturing from the previous quarter.
DBC TIMES / Economy
Economy
Jobs, prices, growth and the policy choices affecting households.
Australia sheds 39,300 jobs as September labour data soften
Part-time employment fell, while the statistics bureau urges caution over monthly volatility and survey changes.
Malaysia’s advance GDP estimate shows 5.3% third-quarter growth
The early estimate points to continued expansion, with a fuller GDP release scheduled for November.
China’s initial 2024 GDP estimate showed 5% growth
The January 2025 release showed stronger fourth-quarter growth alongside continuing property-sector weakness.
Australia’s economy gained 0.6% in the final quarter of 2024
The March 2025 ABS release showed public and private spending supporting growth.
Indonesia recorded 5.03% growth in 2024
The February 2025 statistics release showed stable expansion and a large economic contribution from Java.
Malaysia’s 2024 expansion reached 5.1% as investment strengthened
The February 2025 release showed construction and capital spending supporting a stronger annual result.
IMF warns of AI risks as global finance leaders meet in Bangkok
The IMF chief urged safeguards as officials discussed the benefits and risks of rapid AI investment.
Trump faces questions on household prices as US midterms approach
Economic concerns remain central to the US election campaign as voters confront persistent price pressures.
IMF says African economies have weathered shocks but aid decline raises risks
African economies have absorbed energy-price shocks, while falling development assistance leaves countries exposed.
IMF lowers its outlook for Asian growth as yields and uncertainty rise
The IMF expects Asia’s growth to slow in 2027 as financial conditions and external uncertainty weigh.
China’s exports forecast to accelerate as factories regain momentum
Economists expected China’s export growth to edge higher in September.
Japan economy minister says monetary policy is for the central bank
Japan’s economy minister reaffirmed the Bank of Japan’s independence in setting monetary policy.
IMF and World Bank meetings leave developing economies weighing difficult choices
Officials left the Bangkok meetings with unresolved questions about debt, conflict, energy and AI.
IMF chief says wealthy nations must address debt pressures
Kristalina Georgieva urged the United States and other wealthy countries to tackle mounting debt.
Failure to move fertilizer through Hormuz could threaten food security, UN official says
A UN official warned that delays to a fertilizer transit plan could put planting seasons at risk in parts of Asia and Africa.