Economy News

Economy

Korea and U.S. Forge Ahead with Digital and Agricultural Trade Deal Including Google Maps

South Korea and the U.S. are advancing discussions on digital and agricultural trade, including Google Maps exports, as part of the 'July Package' preparations. The APEC meeting al...

Economy

Discover Thailand's Top 4 Expat Havens: Live Comfortably from $1,200 a Month

Explore Thailand's top 4 expat havens where you can enjoy a comfortable lifestyle starting from $1,200 a month. From the tropical beaches of Koh Samui to the historical charm of Ch...

Economy

Eurozone Boasts a Staggering €36.8B Trade Surplus in March, Outpacing Previous Records

The Eurozone and EU reported significant trade surpluses in March, with the Eurozone's surplus reaching €36.8 billion, up from €24 billion in February. Exports and imports both sho...

Economy

Italy's Trade Surplus Shrinks to €3.7B in March Amid Rising Imports and Exports

Italy's trade surplus fell to €3.7 billion in March, down from €4.4 billion, with exports growing by 5.8% and imports by 7.6% year-on-year. Excluding energy, the surplus was €7.6 b...

Economy

Fed's Bostic Predicts Just One Interest Rate Cut Amid Inflation and Tariff Challenges

Atlanta Fed President Raphael Bostic forecasts a single interest rate cut this year due to market uncertainties and inflation challenges, including tariff impacts, while maintainin...

Economy

Global Trade Tensions Rise: APEC Leaders Voice Concern Over U.S. Tariffs and WTO Challenges

APEC leaders have issued a joint statement expressing concern over global trade disputes, especially U.S. tariffs, and stressed the importance of cooperation and the WTO. South Kor...

Economy

Global Shift: U.S. Dollar's Reign in Foreign Exchange Reserves Faces Unprecedented Decline

The U.S. dollar's share in global foreign exchange reserves has reached a historic low, with countries turning to gold and the Japanese yen as alternatives. This shift reflects gro...

Economy

Italy's Inflation Climbs to 2% in April: Energy Prices Fuel the Rise

Italy's annual inflation rate rose to 2% in April, up from 1.9% in March, driven by higher energy prices. Core inflation, excluding energy and fresh food, stood at 2.1%.