Economy News

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...

Economy

Australia's Inflation Holds Steady at 2.4% in March, Core Measures Show Slight Easing

Australia's inflation rate held steady at 2.4% in March, with core measures showing a slight easing. The CPI excluding volatile items and holiday travel dipped to 2.6%, while the t...

Economy

China's Manufacturing Growth Faces Slowdown in April: A Closer Look at the Numbers

China's manufacturing sector showed continued expansion in April with a PMI of 50.4, though growth slowed compared to March. Challenges include slowed supply and demand, export hur...

Economy

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

China's manufacturing sector shows signs of contraction with April's PMI at 49.0, below the neutral mark, alongside declines in non-manufacturing and composite PMIs, indicating bro...