Economy News

Economy

Japan's Economy Shows Resilience: BoJ Governor Ueda Highlights Moderate Recovery Amid Global Tariff Impacts

BoJ Governor Kazuo Ueda discusses Japan's economic resilience, noting a moderate recovery despite global tariff impacts. Inflation and private spending dynamics are highlighted, al...

Economy

June 2025 Sees a 2.5% Surge in Italian Producer Prices, What's Driving the Increase?

In June 2025, Italy's Producer Price Index rose by 2.5% year-on-year, with significant increases in food, beverages, and tobacco, and decreases in coke and refined petroleum produc...

Economy

Malaysia's Durian Exports Skyrocket: Aiming for Over $350M in 2023 Amid Global Demand Surge

Malaysia's durian exports have seen a 256.3% increase from 2018 to 2022, with the global market expected to reach over US$10.78 billion by 2025. China is the main driver, accountin...

Economy

Vietnam's Long Thanh International Airport Set to Elevate Asia's Aviation Landscape by 2050

Long Thanh International Airport in Vietnam is poised to become a key player in Asia's aviation sector, with plans to handle 100 million passengers by 2050. This development is par...

Economy

Breaking: U.S. and Korea Strike Historic Trade Deal, Tariffs Slashed to 15% Amid $350 Billion Investment Pledge

U.S. President Donald Trump announces a reduction in reciprocal tariffs on Korea to 15%, in exchange for a $350 billion investment in the U.S. A summit with South Korea's President...

Economy

June Sees a Remarkable 1.2% Surge in Australian Retail Sales, Exceeding Expectations

Australian retail sales surged by 1.2% in June, exceeding expectations and showing a 4.9% increase from June 2024, driven by sales events and new product releases.

Economy

Japan's Industrial Output Surges by 1.7% in June, Exceeding Market Expectations

Japan's industrial production index rose by 1.7% in June, exceeding expectations with a 4% increase year-on-year. Shipments slightly decreased month-on-month but grew annually, whi...

Economy

Bank of Japan Holds Steady: Interest Rates Remain Unchanged at 0.50% Amid Market Expectations

The Bank of Japan has maintained its short-term interest rate target at 0.40% to 0.50%, in line with market expectations. This decision, the fourth in a row without change, follows...