Factory Output Rebounds In Asia, Cushioning COVID-19 Blow
Economy
Hong Kong Posts Huge 9% GDP Drop in Q2
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Global Economic Growth Headed For 6.5% Contraction in 2020
"A gloomy forecast sees a contraction of global economies by 6.5% this year due to COVID-19 economic slowdowns. -
33% U.S. Q2 GDP Plunge Bad News For Trump's Re-election
"The economic slowdown imposed to control the spread of COVID-19 in the United States has seen national GDP plummet an unprecedented 32.9% in the second quarter -- and will seriously damage Donald Trump's reelection bid.
The Latest
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Shanghai Reports Strongest GDP For First Half Of 2020
Shanghai beat Beijing and Shenzhen with a first-half GDP output of 1.74 trillion yuan, or roughly $271.62 billion. 
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Factory Output Rebounds In Asia, Cushioning COVID-19 Blow
Factory activity in China expanded at the fastest pace in nearly a decade, lifting regional hopes. 
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European Economy Shrinks By Record 11.9 Percent In Second Quarter
Europe's economic recovery is being threatened by the onset of yet another wave of coronavirus cases. 
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Global Economic Growth Headed For 6.5% Contraction in 2020
A gloomy forecast sees a contraction of global economies by 6.5% this year due to COVID-19 economic slowdowns. 
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33% U.S. Q2 GDP Plunge Bad News For Trump's Re-election
The economic slowdown imposed to control the spread of COVID-19 in the United States has seen national GDP plummet an unprecedented 32.9% in the second quarter -- and will seriously damage Donald Trump's reelection bid. 
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Crushed By COVID: U.S. Economy Sinks As Virus Resurges
The U.S. economy suffered its biggest blow since the Great Depression in the second quarter as the COVID-19 pandemic shattered consumer and business spending. 
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Hong Kong Posts Huge 9% GDP Drop in Q2
Hong Kong’s economic recession ignited by COVID-19 has now lasted four full quarters but might begin easing as the year ends. 
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Macau Casinos Estimated To Shed Over $1 Billion In Revenues
Macau saw only 2,000 visitors a day this month, a small fraction of the 108,000 daily average visits last year. 
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Singapore Industrial Output Misses Estimates, Plunges 6.7% In June
Biomedical output registered one of the largest declines, with production down 30 percent. 
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U.S. New Home Sales Shine In June; Business Activity Picks Up
Sales of new U.S. single-family homes raced to a near 13-year high in June as the housing market outperforms the broader economy amid record low interest rates and migration from urban centers... 
