Economy News

Economy

France's Trade Deficit Narrows to €6.25 Billion in March, Signaling Economic Resilience

France's trade deficit improved to €6.25 billion in March, with exports growing by 5.6% and imports by 2.3%. The energy deficit decreased slightly, while manufactured goods saw sig...

Economy

France's Trade Deficit Narrows in March: A Glimpse into Export Surge and Import Slowdown

France's trade deficit narrowed to €6.25 billion in March, with exports rising by 5.6% and imports by 2.3%. The energy deficit decreased, and manufactured goods balance improved, s...

Economy

Surge in German Factory Orders: A 3.6% Rise in March Signals Economic Resilience

Germany's factory orders rose by 3.6% in March, showcasing economic resilience with significant growth in both domestic and foreign orders. Key sectors like electrical equipment an...

Economy

Exclusive: Trump's Bold Move to Slash Drug Prices with New Tariffs and Boost U.S. Pharma Production

President Trump announces plans to impose tariffs on pharmaceuticals to boost U.S. production, potentially disrupting global trade and raising drug prices. An executive order to st...

Economy

Germany's Industrial Sector Bounces Back: Factory Orders Surge by 3.6% in March

Germany's factory orders rose by 3.6% in March, marking a significant recovery. The Federal Statistical Office Destatis reports a 3.8% increase compared to last year, signaling str...

Economy

China's Bold Economic Move: PBoC Slashes Reserve Requirement Ratio by 50 Basis Points

The People's Bank of China has announced a 50 basis point cut in the reserve requirement ratio for commercial banks, injecting 1 trillion yuan into the market, alongside adjustment...

Economy

Japan's Service Sector Surges in April: A Beacon of Growth Amidst Industrial Decline

Japan's service sector experienced unexpected growth in April, with the activity index rising to 52.4, offsetting industrial declines and signaling a positive shift in the private ...

Economy

Private Sector Emerges as Key Economic Pillar: Politburo Sets Ambitious 2030 Goals

The private sector, now a key driver of the economy, faces challenges but is set for ambitious growth by 2030, aiming to contribute significantly to GDP and employment, with even g...