Economy News

Economy

ECB Warns: US Tariffs Threaten Eurozone's Fragile Economic Recovery Amid Global Trade Tensions

The European Central Bank warns that US tariffs and global trade tensions are threatening the eurozone's economic recovery, with potential impacts on investment, consumption, and i...

Economy

Vietnamese PM Calls for Increased US Aircraft and LNG Purchases to Stabilize Trade Relations

Vietnamese Prime Minister Chinh advocates for increased purchases of US aircraft and LNG to balance trade, amid ongoing negotiations and temporary tariff suspensions. Vietnam seeks...

Economy

Malaysia's Durian Tree Massacre: A Decade-Long Land Dispute Tied to Retired Officials Unveiled

A significant land dispute in Malaysia's Pahang region involves the felling of over 1,000 durian trees, with ties to retired officials. The conflict highlights issues of governance...

Economy

April Inflation Holds Steady at 2.1%: Service Fees and Processed Foods Lead the Charge

In April, consumer prices rose by 2.1% year-on-year, driven by increases in service fees and processed food prices, while fresh food prices declined. Personal services and dining o...

Economy

March Sees a Slight Uptick in Australian Retail Sales, Signaling Consumer Confidence

Australian retail sales increased by 0.3% in March, indicating a slight improvement in consumer confidence and economic activity. This growth, though modest, is a positive sign for...

Economy

Japan's Unemployment Rate Climbs to 2.5% in March, Surpassing Expectations

Japan's unemployment rate rose to 2.5% in March, slightly above expectations and last month's figures. However, the job-to-applicant ratio improved, indicating more opportunities f...

Economy

South Korea's Inflation Rate Holds Steady at 2.1% in April: What Does This Mean for the Economy?

South Korea's inflation rate remained steady at 2.1% in April, indicating economic stability. Experts are analyzing the implications for the broader economy and the effectiveness o...

Economy

UK Manufacturing Sector Faces Continued Challenges in April Amid Global Trade Tensions

The UK manufacturing sector showed slight improvement in April but remains under pressure due to global trade tensions and rising input costs, with significant declines in output, ...