Economy News

Economy

Unprecedented Drop in Chinese Strawberry Prices Shakes Up Vietnam's Market

Vietnam experiences a significant drop in strawberry prices due to large shipments from China, impacting local markets and vendors. Chinese strawberries dominate due to lower price...

Economy

Italy's Job Market Sees Significant Improvement: Unemployment Drops to 6.3% in January

Italy's unemployment rate fell to 6.3% in January, with employment growing by 0.6% from the previous month. The employment rate reached 62.8%, marking a significant improvement in ...

Economy

Spain Sees a Significant Drop in Unemployment Rates, Reaching a 17-Year Low in February

Spain's unemployment rate decreased by 0.23% in February, the lowest in 17 years, with 5,994 fewer people unemployed, signaling a positive shift towards economic recovery.

Economy

Escalating Tensions: China Hits Back with New Tariffs on U.S. Imports Amid Trade War

China has retaliated against U.S. tariffs by imposing additional duties on U.S. imports, affecting agricultural and food products. The move escalates the trade war, with China also...

Economy

February Sees a Slight Dip in Japan's Consumer Confidence Index

Japan's consumer confidence index experienced a slight decrease in February, indicating potential caution among consumers. This could have implications for spending patterns and th...

Economy

Vietnam Aims to Transform into Southeast Asia's Premier Economic and Trade Hub by 2030

Vietnam sets its sights on becoming Southeast Asia's premier economic and trade hub by 2030, as Prime Minister Pham Minh Chinh outlines ambitious plans during a dialogue with Europ...

Economy

January 2025 Sees a Sharp Decline in South Korea's Industrial Production, Consumption, and Investment

In January 2025, South Korea experienced a significant downturn in industrial production, consumption, and investment, marking a concerning 'triple negative' scenario for the first...

Economy

January Sees a 0.3% Rise in Australian Retail Sales, Marking a Positive Start to 2025

Australian retail sales saw a 0.3% increase in January 2025, reaching a monthly turnover of 37 billion Australian dollars, a 3.8% rise from January 2024. The growth was mainly driv...