Economy News

Economy

Vietnam's Fruit and Vegetable Exports to China Plummet by 39% Amid Stricter Quality Controls

Vietnam's fruit and vegetable exports to China dropped by 39% due to stricter quality controls, while exports to the U.S. and Japan increased. The Vietnamese government is working ...

Economy

March Sees a Significant Drop in Japan's Services Sector Activity

Japan's service sector activity fell below the neutral 50 mark in March, as reported by S&P Global. The au Jibun Bank Flash Japan Services Business Activity Index and composite PMI...

Economy

Japan's Manufacturing Sector Faces Sharpest Decline in a Year, Signaling Economic Challenges

Japan's manufacturing sector faced its sharpest decline in a year in March, with the au Jibun Bank Flash Manufacturing Output Index falling to 46.5. The broader Flash Composite Out...

Economy

Turkey Implements Short Selling Ban on Istanbul Stock Exchange to Stabilize Markets

Turkey's Capital Markets Board bans short selling on Istanbul Stock Exchange and eases regulations on share buybacks to stabilize markets and protect investors, effective March 24,...

Economy

March Marks a Significant Expansion in Australian Private Sector Output

The Australian private sector experienced a significant expansion in output during March, signaling a positive turn for the economy amidst global uncertainties. Detailed analysis a...

Economy

Thailand Announces Ban on Foreign Pilots for Domestic Flights Starting Next Year

Thailand plans to stop allowing foreign pilots on domestic flights by next year to support local pilots. The Thai Pilots Association has filed a lawsuit against this practice, citi...

Economy

India Leads the Charge: Dominating the US H-1B Visa Approvals in 2023

Indian-born professionals continue to dominate the US H-1B visa approvals in 2023, with a significant presence in the tech industry. Despite concerns over illegal immigration, the ...

Economy

Major Workforce Reduction at US Small Business Administration Sparks Debate

The US Small Business Administration plans a 43% workforce reduction, eliminating non-essential positions to align with pre-pandemic levels and President Trump's economic prioritie...