Economy News

Economy

Trump Declares Permanent Car Tariffs, Unfazed by Potential Price Hikes on Foreign Vehicles

President Donald Trump asserts the permanence of car tariffs, indifferent to potential price increases on foreign cars, and promotes American-made vehicles. He also addresses unrel...

Economy

South Korea Unveils a Massive 10 Trillion Won Supplementary Budget to Combat Economic Challenges and Boost AI

South Korea's government proposes a 10 trillion won supplementary budget focusing on disaster recovery, trade competitiveness, and AI development, urging quick legislative approval...

Economy

Thailand's Durian Exports Face Challenges as China Intensifies Quality Inspections

Thailand's durian exports to China faced a decline, prompting quality improvements and marketing strategies to maintain its leading position amidst rising competition from Vietnam ...

Economy

Carney Warns: Trump's Economic Strategies Could Elevate US Inflation Rates

Canadian Prime Minister Carney discusses the potential economic impacts of Trump's policies, including slowed growth and increased inflation in the US, following a phone call. Unce...

Economy

US Oil Rig Count Dips Slightly as Baker Hughes Reports a Two-Rig Decrease to 484

The Baker Hughes weekly rig count reveals a slight decrease in US oil rigs to 484, with a significant year-on-year drop. Gas rigs saw a minor increase, while Canada's rig count exp...

Economy

March Sees Unexpected Drop in US Consumer Confidence Amid Economic Uncertainties

US consumer confidence unexpectedly dropped in March, with the Consumer Confidence Index falling to 57 from February's 64.7. The decline reflects widespread concerns across all dem...

Economy

March Sees Unexpected Dip in US Consumer Confidence, What's Behind the Numbers?

US consumer confidence saw a slight decline in March, with the index dropping to 59 from February's 57.9. The Conference Board's report indicates the decrease was less than expecte...

Economy

January Sees a Surprising 0.4% Growth in Canada's GDP, Led by Goods-Producing Industries

Canada's GDP grew by 0.4% in January, outperforming expectations, with goods-producing industries contributing significantly. The manufacturing and utilities sectors also showed no...