Economy News

Economy

Canada's Unemployment Rate Rises to 6.9% in April: A Closer Look at the Shifting Job Market

Canada's unemployment rate increased to 6.9% in April, with employment rates slightly declining. Sector-specific changes were observed, alongside growth in hours worked and wages.

Economy

Exclusive Durian Tour Packages in Malaysia Offer Unique Culinary Adventures for Fruit Lovers

Malaysia introduces 36 durian travel packages from May to August, offering hotel stays and durian buffets. These packages aim to attract tourists, especially from China and Singapo...

Economy

VDL Shares Insights on Productive Dialogue with Trump Over EU-US Trade Relations

European Commission President Ursula von der Leyen discusses her positive conversation with President Trump, focusing on EU-US trade relations and the importance of reaching a conc...

Economy

Fed's Barr Warns of Trade Policy Uncertainty Impacting Inflation and Growth

Federal Reserve Vice Chair Michael Barr discusses the impact of trade policy uncertainties on inflation and growth, emphasizing the economy's strength but warning of potential chal...

Economy

Italy's Industrial Sector Shows Slight Growth in March: A Glimpse into Economic Resilience

Italy's industrial production saw a slight increase of 0.1% in March, as reported by Istat. This marginal growth could hint at economic resilience, with more insights anticipated t...

Economy

ECB's Olli Rehn Advocates for June Rate Cut Amidst Economic Uncertainty and Calls for Stronger European Foundation

ECB's Olli Rehn suggests a June rate cut could be appropriate if forecasts are accurate, while urging Europe to strengthen its economic base and address uncertainties, including tr...

Economy

IndianOil Calls for Calm as Public Rushes to Fuel Stations Amidst False Shortage Rumors

Indian Oil Corporation Limited reassures the public of stable fuel supplies nationwide amidst rumors of shortages caused by India-Pakistan tensions, urging calm and normal buying p...

Economy

US Financial Regulators Aim to Weaken Basel Committee's Climate Risk Initiatives Amid Global Concerns

US financial regulators, including the Federal Reserve, are pushing to downgrade the Basel Committee's climate risk task force, potentially reducing its role in addressing climate-...