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Asia extends stocks rally as upbeat US GDP calms nerves

Last Updated: Friday, August 28, 2015, 08:07

Asian shares extended a global rally on Friday after upbeat U.S. economic data calmed sentiment, with Chinese stocks jumping for the second day following a rocky start to the week.

US stocks soar to new record as growth accelerates

Last Updated: Tuesday, December 23, 2014, 22:36

The Dow stock index climbed above 18,000 for the first time ever Tuesday after government data estimated third-quarter US economic growth at a spectacular five percent.

US economy grew 3.2% in fourth quarter

Last Updated: Thursday, January 30, 2014, 19:33

The US economy grew at an annual rate of 3.2 percent in the 2013 fourth quarter, slightly stronger than expected despite the partial government shutdown, official data released Thursday showed.

US economy grew at robust 4.1% pace in third quarter

Last Updated: Saturday, December 21, 2013, 12:06

It was the strongest growth in the world's largest economy since the fourth quarter of 2011, when the pace hit 4.9 percent.

US third-quarter GDP revised higher as inventories bulge

Last Updated: Friday, December 6, 2013, 10:16

Gross domestic product grew at a 3.6 percent annual rate instead of the 2.8 percent pace reported a month ago, the Commerce Department said on Thursday.

US economy grew a speedy 3.6% in Q3

Last Updated: Thursday, December 5, 2013, 19:40

The US economy grew at a speedy annual rate of 3.6 percent in the third quarter, significantly higher than initially estimated, the Commerce Department reported Thursday.