World


Asia's GDP expected to grow 4.5 pct in 2025: report

Asia's GDP expected to grow 4.5 pct in 2025: report

BOAO, Hainan, Mar 25 (UNI) The weighted real GDP growth rate of Asia is projected to reach 4.5 percent in 2025, an increase from 4.4 percent in 2024, according to a report released by the Boao Forum for Asia Tuesday.
"Despite increasing global economic uncertainty, Asia has remained as a key growth engine for the world economy," said the report titled Asian Economic Outlook and Integration Progress.
At purchasing power parity, the ratio of Asia's GDP among the global total is expected to rise from 48.1 percent in 2024 to 48.6 percent in 2025, the report said.
The overall situation of employment and income is turning upwards in Asia, with its unemployment rate projected at 4.39 percent in 2025, lower than the global rate of 4.96 percent, according to the report.

UNI XINHUA AKT GNK

More News
Canadian, U S  leaders agree to meet in near future

Canadian, U S leaders agree to meet in near future

30 Apr 2025 | 9:45 AM

Ottawa, Apr 30 (UNI) Canadian Prime Minister Mark Carney and U.S. President Donald Trump on Tuesday agreed to meet in person in the near future.

see more..
China issues orange alert for forest fires

China issues orange alert for forest fires

30 Apr 2025 | 9:38 AM

Beijing, Apr 30 (UNI) Chinese authorities on Wednesday issued an orange alert, the second highest-level warning, for forest fires in parts of China from May 1 to 5.

see more..
14 killed in suspected terrorist attack in north Nigeria

14 killed in suspected terrorist attack in north Nigeria

30 Apr 2025 | 9:04 AM

Abuja, Apr 30 (UNI) At least 14 people were killed in an attack by suspected terrorists who attacked a community in Borno, one of the restive states in Nigeria's northern region, local authorities said Tuesday.

see more..

Trump administration sacks all authors of lead climate report

30 Apr 2025 | 3:18 AM

Washington, Apr 29 (UNI) US President Donald Trump's administration has sacked all scientists and other authors working on the next authoritative look at how climate change is affecting the United States.

see more..

Trump calls Bezos after reports claimed Amazon mulling displaying added cost of tariff

30 Apr 2025 | 3:01 AM

New YorK, Apr 29 (UNI) Taking strong exception to e-commerce platform Amazon reportedly mulling displaying the added cost of tariffs, imposed by US President Donald Trump, on certain items, the White House took aggressive aim at Amazon, with Trump himself putting in a call to Amazon founder Jeff Bezos Tuesday morning,.

see more..