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Economy, Economy

China Surpasses Q1 Economic Growth Expectations

Quick Overview: Q1 2024 GDP growth hit 5.3%, surpassing expectations; Industrial production rose by 6.1%, but retail lagged with only a 3.1% rise; Investment divergence was seen between state-owned (up

China tech stocks surging following stimulus

4.8% GDP Growth Signals Potential Economic Uptick

Quick Overview: GDP growth hit 4.8%, signalling potential economic recovery, though sustainability is uncertain. Manufacturing surged by 6% in March, highlighting strong industrial growth. Power production rose, boosted by lower

Pound yen rate plunges

UK Wages Drop 1.3% as Living Costs Surge

Quick Look Real wages in the UK fell by 1.3% in February, continuing a near two-year decline. Nominal wages rose by 1.8% but were outpaced by a 2.8% inflation rate.

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