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S. Korea’s Economy Contracts 0.2 Percent in Q2 2024

South Korea’s economy retreated in the second quarter of the year as weaker domestic demand clouded recovery prospects despite robust exports, South Korean central bank data showed Thursday.

The country’s real gross domestic product, a key measure of…

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US Economy Grows by 2.8 percent in Q2

The US economy grew by 2.8 percent in the second quarter of this year, after growing by 1.4 percent year-on-year in the first quarter.

Data from the US Department of Commerce released Thursday showed that the US economy grew more than expected during…

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