ECB's Lagarde Hints at Further Rate Cuts Amid Disinflation Trend
ECB President Christine Lagarde suggests further interest rate cuts may follow if disinflation data continues to confirm the trend. She also warns of potential energy price and fre...
Economy News
South Korea's Money Supply Sees 17th Consecutive Month of Growth in October
South Korea's money supply continued to grow in October, marking the 17th consecutive month of increase. Driven by banks' deposit attraction efforts and corporate fund reinflow, th...
Bank of Korea Sounds Alarm on Heightened External Risks Amid Political Uncertainty
The Bank of Korea warns that the current external environment is worse than during previous impeachments, potentially amplifying economic fallout. The BOK calls for bipartisan coop...
Deputy PM Choi Assures Economic Stability Amid Political Turbulence
Deputy Prime Minister Choi Sang-mok reassures economic stability at ASEAN+3 forum, emphasizing Korea's solid economic system amid political uncertainties. He met with AMRO director...
China's Industrial Output Surges: A Closer Look at November's Growth
China's industrial production grew by 5.4% in November year-on-year, with notable increases in mining, manufacturing, and new-energy vehicles.
UK Approves £5.3 Billion Sale of Royal Mail Owner to Billionaire Investor
The UK has approved the sale of Royal Mail's owner, International Distribution Services, to Daniel Kretinsky for £5.3 billion. The deal, arranged in May, includes a 'golden share' ...
China's Retail Sales Surge: A 3% Boost in November Amid Economic Resilience
China's retail sales saw a 3% increase in November, highlighting the country's economic resilience and steady recovery of consumer confidence.
Japan's Private Sector Shows Signs of Recovery in December
Japan's private sector showed signs of recovery in December with services sector activity expanding and manufacturing sector struggling to grow. The composite PMI rose, indicating ...
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