Economy News

Economy

UK Housing Market Cools: Annual Price Growth Slows to 3.4% in April

The UK housing market experienced a slowdown, with annual house price growth dropping to 3.4% in April, according to the Nationwide House Price Index. This indicates a cooling mark...

Economy

Vietnam and US Set to Embark on Crucial Trade Negotiations Amidst Global Economic Shifts

Vietnam and the U.S. are preparing for important trade negotiations, with Vietnam recognized as a key partner. Discussions aim to address tariffs and strengthen bilateral trade, am...

Economy

South Korea's March Tax Revenue Surges by 5.5 Trillion Won: A Deep Dive into Corporate Tax Contributions

South Korea's tax revenue in March increased by 5.5 trillion won year-over-year, driven by corporate tax growth. Despite positive trends, mandatory interim payments for large compa...

Economy

How Korea's National Pension Service Overseas Investments Could Impact U.S.-Korea Currency Negotiations

The National Pension Service's overseas investments could strain upcoming Korea-U.S. currency negotiations, with the U.S. potentially viewing these as contributing to the won's wea...

Economy

China's Manufacturing Sector Contracts in April: NBS Reports PMI at 49.0, Signaling Economic Challenges

China's manufacturing PMI fell to 49.0 in April, indicating a contraction below the neutral mark, with non-manufacturing and composite PMIs also showing declines, signaling broader...

Economy

Korea and U.S. Launch Crucial Technical Talks on Tariff Negotiations Amid July Deadline

Korea and the U.S. have initiated technical consultations on tariff negotiations, focusing on four main areas to form working groups. The discussions aim to exempt mutual tariffs o...

Economy

AI Semiconductor Surge Drives 0.9% Growth in March Industrial Production Amid Economic Fluctuations

March 2025 saw a 0.9% growth in industrial production, driven by AI semiconductors, despite declines in consumption and investment. Key sectors like semiconductors and pharmaceutic...

Economy

China's Manufacturing Sector Contracts in April: NBS PMI Dips Below Critical 50 Mark

China's manufacturing PMI fell to 49.0 in April, below the neutral 50 mark, indicating contraction. The non-manufacturing and composite PMIs also declined, signaling potential econ...