Economy News

Economy

German Manufacturing Sector Shows Resilience with a 3% Surge in Industrial Output in March

Germany's industrial production rose by 3% in March compared to the previous month, though it saw a slight 0.2% drop from the previous year, indicating both resilience and challeng...

Economy

Climate Crisis Drives Coconut Prices to Record Highs Across Asia, Straining Supply Chains

Coconut prices in Asia have skyrocketed due to climate-induced supply shortages, with Vietnam emerging as a key exporter. Extreme weather and pest outbreaks have severely impacted ...

Economy

China's May Day Holiday Spending Rises to $79 Per Person Amid Economic Challenges

During China's May Day holiday, per capita spending rose slightly to $79, amid a 28.7% increase in border crossings. Despite growth in domestic tourism and digital payments, cinema...

Economy

Bank of Japan Eyes Interest Rate Hikes Amid Economic Growth and Inflation Projections

The Bank of Japan is considering interest rate hikes if economic growth and inflation meet their forecasts. Caution is advised due to US policy risks, with a flexible approach like...

Economy

Bank of Japan Eyes Interest Rate Hikes Amid Economic Growth and Inflation Targets

The Bank of Japan is considering interest rate hikes if economic growth and inflation meet their targets, with discussions on timing and flexibility due to global uncertainties and...

Economy

BoE Set to Slash Interest Rates to 4.25% as Trade War Fears Loom Over UK Economy

The Bank of England is expected to cut interest rates to 4.25% due to concerns over US tariffs impacting the UK economy. Despite positive GDP and inflation data, global trade tensi...

Economy

Arm Holdings Shatters Records with a 34% Revenue Surge in Q4 2025, Reaching $1.2 Billion

Arm Holdings reports a 34% revenue surge in Q4 2025, reaching $1.2 billion, with a 24% annual growth totaling $4 billion, driven by royalty and licensing earnings.

Economy

Fed Chair Jerome Powell Emphasizes Independence: No Presidential Meetings Requested

Federal Reserve Chair Jerome Powell asserts his independence, stating he has never and will never request meetings with any president, highlighting the Fed's operational autonomy f...