Swiss Retail Sales Surge by 2.2% in March, Outperforming Analyst Expectations
Swiss retail sales turnover rose by 2.2% in March, with adjusted figures exceeding analyst expectations, showcasing a strong retail sector performance.
Economy News
BoJ's Ueda Raises Alarm: Global Tariff Uncertainties Threaten Japan's Economic Horizon
Bank of Japan Governor Kazuo Ueda warns that global trade uncertainties, especially US tariffs, are clouding Japan's economic and inflation outlook, potentially slowing growth and ...
South Korea's Ruling and Opposition Parties Unite to Pass a Historic 13.8 Trillion Won Supplementary Budget
South Korea's ruling and opposition parties have agreed on a 13.8 trillion won supplementary budget, increasing the initial proposal by 1.6 trillion won. Key allocations include su...
South Korea's April Exports Grow 3.7% Amid Global Trade Tensions, U.S. Exports Decline
South Korea's exports in April grew by 3.7% despite global trade tensions, with semiconductors leading the charge. However, exports to the U.S. declined by 6.8%, affected by tariff...
U.S. Economy Faces First Contraction in Three Years: Trump's Tariff Policy Blamed
The U.S. economy contracted for the first time in three years in Q1, attributed to Trump's tariff policies, with a record trade deficit and cooling labor market raising recession f...
April's Unexpected Dip: Analyzing the Decline in Japan's Consumer Confidence
Japan's consumer confidence experienced a significant decline in April, sparking discussions on its causes and effects on the economy. Analysts are closely monitoring the situation...
March Sees Australia's Trade Surplus Skyrocket to 6.9B AUD, Surpassing Expectations
Australia's trade surplus surged to 6.9 billion AUD in March, exceeding expectations and February's figures, driven by a rise in exports and a drop in imports.
Japan's Manufacturing Sector Shows Signs of Recovery as April PMI Index Rises Slightly
Japan's manufacturing sector showed a slight improvement in April with the PMI Index rising to 48.7 from 48.4 in March, yet it remains below the neutral mark, indicating a continue...
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