Hong Kong Economy Grows 12 Percent in 2nd Quarter
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Hong Kong is celebrating better than expected economic figures while China has started its first financial bailout of a private company.
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Singapore's economy grows by 8.1% in 2004,  as a surge in manufacturing demand drove its best performance since 2000.
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Chinaâs second quarter growth exceeded forecasts, but the economy faces rising food prices, high energy consumption and a large trade imbalance.
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The Asian Development Bank has revised up its economic growth forecast for Hong Kong this year to 7.5 per cent from the 6 per cent it projected in April, due to stronger than expected retail sales and the surge in tourist arrivals.
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Hong Kong&#39;s economy is on track to reach the forecast 7.5 percent growth for the full year, government economist Kwok Kwok-chuen said here Friday at a press briefing.
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The U.S. economy grew at an annual rate of 4 percent in the second quarter, as strong business investment led the fastest pace of expansion since early last year, the government reported on Thursday.
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National Foods Ltd., Australia&#39;s biggest fresh milk supplier, increased second-half profit by 12 percent after selling more specialty cheeses and gourmet foods.
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China&#039;s economy expanded at its fastest pace in a decade with growth of 11.3 percent in the second quarter, official data shows, exceeding expectations and possibly signaling the need for new cooling measures.
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Fast-food giant Yum Brands said that its second-quarter profit rose by 12 percent, amid ongoing growth in its international business that offset an essentially flat U.S. performance.
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Chinaâs economy grew at its fastest pace in a decade in the second quarter, raising fears that the economy was overheating.
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The Philippine economy grew at a stronger-than-expected 6.2 percent in the second quarter, nearly keeping up with the pace of the surprise 6.4-percent first-quarter expansion and bringing
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The fast-food giant keeps growing in its fiscal second quarter.
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The economy expanded faster than expected in the last quarter of 2006 and remains strong.
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Japan's economy, the world's second largest, grew more quickly than many experts forecast, state figures show.
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The economy grew at an annual rate of 4 percent during the second quarter, its strongest pace in more than a year as international trade and business investment helped offset weakness in housing.
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The U.S. economy grew at a 2.9   percent annual pace in the second quarter, faster than   originally reported but less of an upward revision than   expected, as higher business investment offset a drop in   residential construction, a Commerce Department report showed   on Wednesday.
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Economic growth in the 12 nations that use the euro accelerated to 2.4 percent in the second quarter, the European Union said Monday, raising its forecast for the third-quarter but cutting it for the fourth.