UK's GDP Stagnates in Q3: Key Factors and Sectoral Performance
The UK's GDP remained flat in Q3 2024, revised from an initial 0.1% growth. The services sector showed no growth, while construction rose 0.7% and production fell 0.4%. Compared to...
Economy News
Financial Struggles: 230 Companies at Risk of Insolvency, FSS Reports
The Financial Supervisory Service reports 230 companies at risk of insolvency, with D grade companies showing significant increase. This highlights ongoing financial struggles amid...
Bank of Korea Governor Reassures on Adequacy of Foreign Exchange Reserves
Bank of Korea Governor Rhee Chang-yong reassures on the adequacy of Korea's foreign exchange reserves, aligning with IMF's qualitative assessment. He also discusses the impact of p...
Central Banks Around the World Adopt Cautious Approach Amid U.S. Trade Policy Uncertainties
Global central banks, including the Bank of Canada, ECB, and others, have adjusted or maintained their interest rates in response to uncertainties arising from U.S. trade policies ...
Bank of Korea's Policy Challenges Amid Economic Uncertainty
South Korea's CDS premium and government bond yield rise amidst political turmoil, reflecting economic anxiety. The Bank of Korea's rate cut proves ineffective, and soaring U.S. Tr...
South Korea to Swiftly Execute $230M Second Value-Up Fund Amid Market Volatility
South Korea's Deputy PM Choi Sang-mok announced the prompt execution of a $230M second value-up fund and measures to improve the foreign exchange market, aiming to stabilize the ma...
South Korea's Manufacturing Sector Plunges to a Two-Year Low Amidst Political Turmoil
South Korea's manufacturing sector records its lowest Professional Survey Index in two years, falling below the standard amid political uncertainties and economic challenges. The D...
Vietnam May Ban Individuals with $2,000 Tax Debt from Leaving the Country
Vietnam is considering a new threshold for individuals with tax debts that could prevent them from leaving the country. The proposed amount is four times higher than an earlier sug...
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