Israel's GDP contracts nearly 20% in fourth quarter amid Gaza war
Israel's gross domestic product shrank nearly 20% in the fourth quarter of 2023, according to official figures.
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Israel's gross domestic product shrank nearly 20% in the fourth quarter of 2023, according to official figures.
Stock investors have been cheered by the long-hoped-for rally of Chinese property shares so far this month but analysts warn that the surge cannot be sustained over the medium term.
If ever there was proof that a nation’s economic health and stock market dynamics are two entirely different things, it’s present-day Japan.
KUALA LUMPUR -- Malaysia's economy grew 3.7% in 2023, the country's central bank said Friday, coming in below the target of 4% to 5% due to "prolonged weakness" of external demand.
This is CNBC's live blog covering European markets.
SINGAPORE -- Singapore on Thursday revised its economic growth rate for 2023 to 1.1% for the year, down from a preliminary estimate of 1.2% after weak exports in December.
TOKYO -- Japan's gross domestic product unexpectedly shrank for a second straight quarter, confirming that the nation's economy has now slipped behind Germany to become the world's fourth largest.
TOKYO/HONG KONG -- While Japan's nominal gross domestic product slipped below Germany's last year, making it the world's fourth-largest economy, the country's growth rate has surpassed that of China for the first time in almost half a century.