US wholesale inventories grew by 0.3% in February, reaching $902.3 billion, with sales up 2.4% month on month. The inventory to sales ratio improved to 1.30, indicating efficient i...
The tariff war between the U.S. and China escalates into a currency conflict as China devalues the yuan in response to U.S. tariffs, affecting global markets and prompting calls fo...
South Korea's foreign currency deposits are rapidly declining due to surging exchange rates, with experts warning of further depreciation and potential economic interventions amids...
US wholesale inventories grew by 0.3% in February, reaching $902.3 billion, with sales of merchant wholesalers rising to $696.4 billion, showing a 2.4% monthly and 4.3% annual incr...
The European Commission has voted to impose tariffs on €21 billion of US imports starting April 15, in response to what it calls "unjustified and damaging" US tariffs. The move aim...
The US mortgage applications surged by 20% in the week ending April 5, with significant increases in Market, Purchase, and Refinance Indexes, alongside a slight dip in 30-year fixe...
US Treasury Secretary Scott Bessent warns China against devaluing its currency amid trade tensions, urging diplomatic talks and action on fentanyl exports.
The Trump administration is reconsidering its plan to impose high port fees on Chinese ships, shifting towards a capacity-based fee structure to mitigate impacts on US exports. The...
