Economy News

Economy

South Korea's KCCI Proposes Game-Changing Dividend Tax Reforms to Boost Stock Market

The Korea Chamber of Commerce and Industry proposes 130 tax reform measures, including a 5% tax credit on dividend increases, to revitalize South Korea's stock market and enhance c...

Economy

Singaporean Enterprises Eye Vietnam for Renewable Energy and Industrial Park Investments

During a visit to Singapore, Vietnam's General Secretary To Lam met with Singaporean business leaders to discuss investment opportunities in Vietnam, focusing on renewable energy a...

Economy

Economic Uplift: US GDP Projected to Grow Between 2% and 2.5% in Q1 2025

Kevin Hassett forecasts US GDP growth between 2% and 2.5% in Q1 2025, citing strong economic indicators and the impact of President Trump's policies.

Economy

Jamie Dimon Observes a Slight Decline in U.S. Consumer Confidence

JPMorgan Chase & Co. CEO Jamie Dimon discusses the weakening U.S. consumer sentiment, the uncertain impact of Trump's tariffs, and his optimism for a U.S.-China trade deal in Trump...

Economy

February Sees US Budget Deficit Soar to $307 Billion: A Deep Dive into the Numbers

The US budget deficit reached $307 billion in February, with total receipts at $296.4 billion and outlays at $603.4 billion, highlighting significant financial challenges.

Economy

US Inflation Rate Dips to 2.8% in February, Slightly Below Expectations

The US annual inflation rate slightly decreased to 2.8% in February, below January's 3% and market expectations. The CPI rose by 0.2% monthly, with energy declining annually but gr...

Economy

OPEC Holds Steady on 2025 Oil Demand Growth Forecast Amid Global Economic Trends

OPEC maintains its 2025 global oil demand growth forecast at 1.4 million bpd, with OECD and non-OECD countries contributing 0.1 million bpd and 1.3 million bpd, respectively. The t...

Economy

Canada Strikes Back: Imposes Retaliatory Tariffs on US Goods Amid Trade Tensions

Canada has announced retaliatory tariffs on $20.7 billion worth of US goods, including steel and aluminum, in response to US trade measures. Canadian Foreign Minister Melanie Joly ...