Economy News

Economy

Eurozone's Investor Confidence Plummets in August Amid Global Trade Tensions

Investor confidence in the Eurozone and Germany significantly declined in August, with indices turning negative. Sentix reports highlight concerns over the EU-US tariff deal's impa...

Economy

China's Central Bank Boosts Economy with a Massive 300 Billion Yuan Injection in July

The People's Bank of China injected 300 billion yuan into the financial system in July, using MLF and reverse repurchase agreements, without disclosing treasury bond transactions.

Economy

Tensions Rise as Korea and U.S. Clash Over Market Access for American Rice Ahead of Summit

A dispute over market access for American rice between South Korea and the U.S. emerges, with contradictory statements from both governments ahead of a scheduled summit. The Korean...

Economy

South Korean Manufacturing Sector Struggles: Over 80% Report Growth Limits Amid Economic Uncertainty

Over 80% of South Korean manufacturing companies report their main products have reached growth limits, with many hesitant to explore new ventures due to financial and market uncer...

Economy

Trump Imposes Steep Tariffs on 69 Countries, Including a 35% Hike on Canadian Goods Amid Trade Tensions

President Trump has escalated trade tensions by imposing steep tariffs on 69 countries, including a significant 35% hike on Canadian goods, citing trade imbalances and national sec...

Economy

U.S. Tariff Rates Hit 91-Year Peak, Sparking Fears of Consumer Price Surge and Economic Ripple Effects

The U.S. tariff rates have surged to an 18.3% average, the highest in 91 years, causing significant price increases in clothing and textiles, and prompting companies to pass costs ...

Economy

How 'MASGA' Hats Played a Pivotal Role in Korea-U.S. Shipbuilding Negotiations Success

The Korean government's strategic use of 'MASGA' hats in Korea-U.S. tariff negotiations highlighted the shipbuilding sector's importance, leading to a $150 billion cooperation fund...

Economy

ECB's Patsalides Highlights Eurozone's Resilience Amid Global Uncertainties

ECB's Christodoulos Patsalides discusses the resilience of the Eurozone economy amidst global uncertainties, highlighting the impact of trade tensions and the stability of inflatio...