Economy News

Economy

Singapore Faces Economic Uncertainty as US Imposes Non-Negotiable 10% Universal Tariff

Singapore's Prime Minister Lawrence Wong warns of serious risks to the country's trade-dependent economy due to the US's non-negotiable 10% universal tariff, potentially leading to...

Economy

France's Trade Deficit Surges to €7.8 Billion in February, Exceeding Expectations

France's trade deficit unexpectedly widened to €7.8 billion in February, exceeding forecasts. Exports slightly decreased, while imports rose, exacerbating the deficit. Key sectors ...

Economy

France's Trade Deficit Widens to €7.2 Billion in February, Surpassing Analyst Expectations

France's trade deficit expanded to €7.2 billion in February, exceeding expectations, as exports fell and imports rose, with significant impacts from the energy and manufactured goo...

Economy

Singapore Faces Economic Uncertainty as US Imposes Rigid 10% Universal Tariff

Singapore's Prime Minister Lawrence Wong warns of serious risks to the nation's trade-dependent economy due to the US's non-negotiable 10% universal tariff, potentially leading to ...

Economy

South Korea Achieves Record 22-Month Current Account Surplus Amid Global Economic Challenges

South Korea has achieved a current account surplus for 22 consecutive months, highlighting its economic resilience. February's surplus was $71.8 billion, with significant growth in...

Economy

Singapore's Economy at Risk: US Universal Tariffs Could Derail Growth, Says PM Wong

Singapore's PM Lawrence Wong warns that the US's new 10% universal tariff could severely impact the country's trade-dependent economy, potentially leading to revised growth forecas...

Economy

Thai Rice Prices Plummet to Over Three-Year Low Amid Global Trade Tensions and Subdued Demand

Thai rice prices hit a three-year low, with India and Vietnam also experiencing declines due to weak demand and new US tariffs. The global rice market faces challenges as prices dr...

Economy

Fed's Goolsbee Warns: Rising Tariffs Could Trigger Trade War and Spike Inflation

Federal Reserve's Austan Goolsbee warns that escalating tariffs could lead to a trade war, increasing inflation. Amid strong US economic data, uncertainty and public anxiety grow, ...