Economy News

Economy

Bank of Korea Holds Steady: Base Rate Remains at 2.75% Amid Global Uncertainties

The Bank of Korea maintains its base rate at 2.75% amidst global trade tensions and exchange rate volatility, signaling cautious economic stewardship. Market watchers had anticipat...

Economy

Germany's March Producer Prices Dip 0.2%, Energy Costs Lead the Decline

Germany's producer prices fell by 0.2% in March, with energy prices leading the decline. However, non-durable consumer goods, capital goods, and durable consumer goods saw price in...

Economy

Germany's March Producer Prices Dip 0.2%: Energy Costs Lead the Decline

Germany's producer prices fell by 0.2% in March, with energy prices dropping 3.6% month-over-month. However, non-durable consumer goods, capital goods, and durable consumer goods s...

Economy

Switzerland's Trade Surplus Soars to 13.7B Swiss Francs in Q1 2025 Amid Global Economic Shifts

Switzerland's trade surplus reached 13.7 billion Swiss francs in Q1 2025, with exports growing by 3.6% and imports by 5.9%. Significant increases in exports to North America and va...

Economy

Germany's Producer Prices Take a Dip in March: Energy Costs Lead the Decline

Germany's producer prices fell by 0.2% in March, with energy prices dropping significantly. Meanwhile, non-durable consumer goods and capital goods saw price increases, reflecting ...

Economy

Switzerland's Trade Surplus Soars to 13.7B Swiss Francs in Q1 2025, Exports and Imports See Significant Growth

Switzerland's trade surplus reaches 13.7 billion Swiss francs in Q1 2025, with exports growing by 3.6% and imports by 5.9%, highlighting the country's robust economic performance.

Economy

Japan's Trade Surplus Soars to ¥544 Billion in March, Marking a 55.5% Year-on-Year Increase

Japan's merchandise trade surplus surged to ¥544.1 billion in March, a 55.5% increase from the previous year, with exports and imports both showing steady growth.

Economy

Jerome Powell Highlights AI as a Transformative Force in the Global Economy Over Next 20 Years

Federal Reserve Chair Jerome Powell discusses AI's potential to dramatically change the global economy in the next 20 years, balancing innovation with employment concerns and the n...