Economy News

Economy

Thailand Unveils $15B Economic Stimulus Plan Amid IMF Growth Forecast Downgrade

Thailand announces a $15 billion economic stimulus plan after the IMF cuts its 2025 GDP growth forecast to 1.8%, citing US tariff impacts. The government is exploring funding optio...

Economy

Japan's Industrial Output Faces a Slight Dip in March, Signaling Economic Challenges Ahead

Japan's industrial production index fell by 1.1% in March, with shipments dropping 2.8% month-on-month. Inventories saw a slight increase, highlighting mixed economic signals.

Economy

Japan's Retail Sales Dip 1.2% in March, Falling Short of Investor Expectations

Japan's retail sales fell by 1.2% in March, missing investor expectations, but annual figures show a 3.1% growth. The wholesale industry also saw a 3.6% increase year-on-year.

Economy

Surprising Surge in US Oil Inventories: A 3.76M Barrel Increase Sparks Market Interest

US crude oil inventories rose by 3.76 million barrels last week, with mixed changes in distillate and gasoline stockpiles, and an increase in Cushing reserves, according to API dat...

Economy

ECB's Cipollone Warns of Significant Economic Impact from Trump's Tariffs

ECB's Piero Cipollone warns of the material effects of Trump's tariffs on the economy, highlighting the risk of Western bloc fragmentation and its profound long-term consequences o...

Economy

US Goods Trade Deficit Surges to $162B in March, Marking a Significant Monthly Increase

The US goods trade deficit expanded to $162 billion in March, up $14.1 billion from February. Exports rose slightly to $180.8 billion, while imports surged to $342.7 billion. Whole...

Economy

US Treasury Secretary Scott Bessent Challenges EU to Abolish Internet Tax on American Tech Giants

US Treasury Secretary Scott Bessent urges the EU to eliminate its internet tax, arguing it unfairly targets American tech companies and creates digital trade barriers, potentially ...

Economy

March Sees US Job Openings Dip to 7.2 Million, Slightly Below Expectations

In March, the US job market saw a slight decrease in openings to 7.2 million, missing expectations. Hires remained steady at 5.4 million, while separations and quits showed minor c...