The US has imposed a 20% reciprocal tariff on Vietnam, following negotiations aimed at balancing trade. Both countries are working towards a comprehensive trade agreement to streng...
The United States crude oil inventories decreased by 4.2 million barrels in the week ending August 1, as per API data. Distillate inventories rose, while gasoline stockpiles fell, ...
President Donald Trump is set to announce his pick for the Federal Reserve chair by the week's end, choosing from four final candidates. The decision comes amidst criticisms of cur...
The US service sector's growth slowed slightly in July, with the PMI at 50.1%, still in expansion. Key indexes showed mixed movements, while employment continued to contract.
The US trade deficit experienced a 16% decline in June, reaching $60.2 billion, with both imports and exports showing decreases. Imports dropped by 3.7% to $337.5 billion, while ex...
The US Composite PMI rose to 55.1 in July, exceeding expectations and indicating strong economic growth. The service sector's performance was particularly notable, reaching a seven...
The European Commission approves France's €11 billion offshore wind energy program, featuring three floating wind farms to generate clean energy. A strategic bidding process aims t...
Korea's household debt to GDP ratio is expected to peak within five years due to aging demographics, then decline. The KDI report links this trend to life expectancy and housing de...
