Economy News

Economy

UK Housing Market Sees Steady Growth: February Prices Up by 3.9%

The UK housing market showed resilience with a 3.9% annual growth in house prices in February, reaching an average of £270,493. Despite affordability challenges, housing transactio...

Economy

Germany's Retail Sector Sees a Promising Start: January Sales Soar by 2.9%

Germany's retail sector experienced a 2.9% increase in real terms in January compared to last year, with food retail up by 1.5% month-on-month and non-food retail climbing by 3.7% ...

Economy

Surge in German Retail Sales: A 2.9% Increase in January Signals Economic Recovery

Germany's retail sales saw a 2.9% increase in January, signaling a strong start to the year and indicating potential economic recovery. The growth, adjusted for calendar and season...

Economy

Exploring Trade Policies: South Korea's Choi Engages with US Treasury Secretary Bessent on Tariffs

Acting South Korean President Choi Sang-mok discussed trade policies and tariffs with US Treasury Secretary Scott Bessent, highlighting South Korea's economic resilience and seekin...

Economy

South Korea Engages in Crucial Trade Policy Talks with U.S. Amid Rising Tariffs

Acting South Korean President Choi Sang-mok discussed trade policy, tariffs, and investment with U.S. Treasury Secretary Scott Bessent. Choi highlighted South Korea's economic resi...

Economy

Trump Announces New 10% Tariff on China, Effective March 4 Amid Opioid Crisis

President Donald Trump has announced a new 10% tariff on China, effective March 4, as part of efforts to combat the opioid crisis. This move, alongside existing tariffs on Mexico a...

Economy

South Korea and U.S. Forge Stronger Ties: New Consultative Body to Tackle Trade Tariffs

South Korea and the U.S. have agreed to establish a consultative body to address high tariff policies and strengthen economic ties, following a meeting between their industry minis...

Economy

South Korea and U.S. Strengthen Economic Ties Amid Trump's Tariff Policies

South Korea and the U.S. held a virtual meeting to discuss economic issues, including Trump's tariff policies and investment plans. The dialogue emphasized the importance of their ...