Economy News

Economy

China's Manufacturing Sector Shows Signs of Contraction as PMI Drops to 50.1 in January

China's manufacturing sector experienced a slight expansion in January with a PMI of 50.1, down from 50.5 in December, indicating a slowdown in growth and raising concerns about th...

Economy

Panama Withdraws from China's Belt and Road Initiative Following High-Level Talks with US

Panama decides to exit China's Belt and Road Initiative after discussions with US Secretary of State Marco Rubio, focusing on sovereignty, security, and economic ties. The US expre...

Economy

January Sees a Revival in Australian Manufacturing Sector After a Year of Challenges

Australian factory activity showed signs of recovery in January, with the PMI index rising to 50.2, indicating growth. This improvement was driven by increased output, a slower dec...

Economy

China's Manufacturing Sector Shows Slight Growth in January, PMI at 50.1

China's manufacturing PMI for January stands at 50.1, indicating a slight expansion in the sector. However, this figure is lower than December's 50.5, reflecting a slowdown in grow...

Economy

Japan's Manufacturing Sector Faces Contraction: A Deeper Dive into January's PMI Drop

Japan's manufacturing sector saw a decline in January, with the PMI dropping to 48.7, below the neutral mark, indicating a contraction. This reflects a continued trend of decreasin...

Economy

January Sees a Significant Dip in Japan's Manufacturing Sector Activity

Japan's manufacturing sector experienced a significant decline in activity in January, raising concerns over its economic impact. Factors such as supply chain issues and demand flu...

Economy

Volkswagen Urges Dialogue to Avoid Escalating Trade War Post-US Tariffs

Volkswagen is advocating for negotiations to prevent a trade war after US President Donald Trump imposed new tariffs on imports from Mexico, Canada, and China. The German automaker...

Economy

EU Prepares to Strike Back as Trump Eyes European Goods for Tariffs

The European Union warns of a firm response if President Trump extends tariffs to European goods, following actions against Canada, Mexico, and China. The EU remains committed to l...