April 16, 2024

China’s GDP Grows 5.3% in Q1 of 2024

Beijing, China’s gross domestic product (GDP) grew 5.3% year on year in the first quarter of 2024, data from the National Bureau of Statistics (NBS) showed Tuesday.

The country’s GDP reached 29.63 trillion yuan (about $4.17 trillion) during this peri…

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Oil Prices Rise

Oil prices rose on Monday, paring last week’s loss, on fears of a widening conflict in the Middle East.

Brent crude futures gained 20 cents, or 0.3%, to $81.33. US West Texas Intermediate (WTI) crude futures climbed 9 cents, or

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US Dollar Rises to 5-Month High

Singapore: The US dollar rose to a five-month high against major peer currencies on Tuesday following hotter-than-expected US retail sales figures, raising worries of an intervention from Tokyo as the yen languished at its lowest since 1990.

Data on …

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