Economy News

Economy

USTR Report Highlights Trade Barriers in South Korea Ahead of Reciprocal Tariffs Implementation

The USTR's annual NTE report criticizes South Korea's trade barriers, including beef import restrictions, agricultural biotechnology approvals, defense procurement policies, and di...

Economy

China's Manufacturing Sector Shows Robust Growth: PMI Climbs to 51.2 in March

China's manufacturing PMI rose to 51.2 in March, marking a four-month high and the sixth consecutive month above the neutral mark, indicating sustained sector expansion amidst slig...

Economy

Australian Retail Sales Show Modest Growth in February, Food Spending Leads the Way

Australian retail sales saw a modest 0.2% increase in February, with food-related spending driving the growth. The monthly turnover reached 37.1 billion Australian dollars, up 3.6%...

Economy

Japan's Manufacturing Sector Faces Steeper Decline: March PMI Hits One-Year Low

Japan's manufacturing sector experienced a sharper decline in March, with the PMI index dropping to 48.4, a 0.6-point fall from February, marking the lowest point in a year. S&...

Economy

Japan's Job Market Shows Resilience: Unemployment Rate Dips to 2.4% in February

Japan's unemployment rate slightly decreased to 2.4% in February, meeting expectations and showing a minor improvement from the previous month. The job openings ratio also dipped, ...

Economy

Trump's Tariff Decision Looms: Multiple Options on the Table Ahead of Wednesday's Announcement

US President Donald Trump is undecided on adopting a reciprocal tariff plan, with an announcement set for April 2. Options are being weighed to match tariffs on US exports, as reve...

Economy

Exploring the Uncertain Future of Tariffs: Fed's Williams Weighs In on Economic Impact

Federal Reserve Bank of New York President John Williams discusses the early stages of understanding tariff impacts, emphasizing uncertainty and the need for data monitoring. He al...

Economy

Leavitt Advocates for Trade Reciprocity: A New Era for US Economic Policies

White House Press Secretary Karoline Leavitt announces new tariff policies to address trade imbalances, criticizing foreign trade practices and promising historic changes for Ameri...