Economy News

Economy

Germany's Latest 10-Year Bond Auction Raises €5 Billion at 2.69% Yield Amidst Tepid Demand

Germany's Finance Agency auctioned €5 billion in 10-year bonds at a 2.69% yield, with a bid-to-cover ratio of 1.4 indicating tepid demand. Post-auction, the yield slightly decrease...

Economy

Spain's Inflation Rate Climbs to 2.7% in July: Housing Prices Lead the Surge

Spain's inflation rate rose to 2.7% in July, up from 2.3% in June, driven by a 6.7% surge in housing prices. The monthly consumer prices dipped slightly, while core inflation held ...

Economy

Germany's Inflation Rate Dips to 2% in July: A Closer Look at the Economic Indicators

Germany's inflation rate slightly decreased to 2% in July, driven by lower energy prices, while food prices and core inflation saw increases. The HICP also indicated slow inflation...

Economy

South Korea's Job Market Grows by 171,000 in July, Yet Manufacturing and Construction Sectors Lag Behind

South Korea added 171,000 jobs in July, continuing a seven-month growth streak, but manufacturing and construction sectors lag, highlighting uneven recovery across industries and a...

Economy

Global Coffee Prices Surge Amid Supply Shortages and Increased Demand as Year-End Approaches

Coffee prices have rebounded due to supply shortages and increased demand, with Brazil's slow delivery and Colombia's production highs influencing global markets. Trade policies an...

Economy

Trump's Shift Towards State Capitalism Sparks Controversy Amidst Growing Protests

Donald Trump's recent policies and actions are drawing comparisons to Chinese state capitalism, as he implements authoritarian measures over government agencies and extends influen...

Economy

Vietnam's Durian Takes Center Stage at Inaugural ASEAN-China Durian Festival in Beijing

Vietnam showcased its durian and other tropical fruits at the first ASEAN-China Durian Festival in Beijing, highlighting the fruit's role in strengthening bilateral trade and cultu...

Economy

Unexpected Rise in Japan's Producer Prices Signals Economic Shifts in July

Japan's producer price index rose by 2.6% in July, surprising markets but showing a slowdown from June. Month-over-month, it edged up 0.2%, reversing a previous decline. Export pri...