Economy News

Economy

South Korea's F4 Meeting Addresses Financial Stability Amid U.S. Tariff Tensions

South Korea's F4 Meeting discusses strategies to counter financial market volatility triggered by U.S. tariffs, with plans for market stabilization and industrial support.

Economy

China's Service Sector Hits 3-Month High in March, Signaling Robust Economic Growth

China's service sector showed significant growth in March, with the Caixin PMI reaching a three-month high of 51.9, indicating optimism among providers despite concerns over global...

Economy

Australia Achieves a Staggering 3B Dollar Trade Surplus in February, Signaling Economic Resilience

Australia's trade surplus reached an impressive 3 billion Australian dollars in February, highlighting the country's economic resilience and strong export performance. This achieve...

Economy

South Korea Mobilizes All Resources as U.S. Imposes 25% Tariff: A Global Trade War Looms

South Korea's acting president Han Duk-soo has ordered a full mobilization of resources to counter the U.S. imposition of a 25% tariff on Korean goods, highlighting the potential f...

Economy

Japan's Service Sector Hits a Standstill in March, Signaling Economic Slowdown

Japan's service sector showed signs of stagnation in March, with the key index falling to 50.0, indicating a significant slowdown from the previous month's growth. The report highl...

Economy

Trump's Bold Move: Imposes 25% Reciprocal Tariff on South Korea, Surpassing Rates for EU and Japan

U.S. President Donald Trump has imposed a 25% reciprocal tariff on South Korea, higher than rates for the EU and Japan, sparking concerns over export disruptions and economic impac...

Economy

Exclusive: Trump Announces Major Tech Giants Apple, Nvidia, and TSMC to Shift Operations to US

President Trump announces tech giants Apple, Nvidia, and TSMC will move operations to the US, pledging billions in investments, as part of a shift from China due to new tariffs.

Economy

Fed Governor Kugler Warns: US Inflation Progress May Have Stalled, Raising Concerns

Federal Reserve Governor Adriana Kugler expresses concern over the stalled progress in US inflation reduction, noting persistent price pressures and rising inflation expectations d...