Economy News

Economy

Spain's Economy Shows Encouraging Growth in Q3: A Detailed Analysis

Spain's GDP grew by 0.8% in Q3, signaling a positive economic trajectory. This growth has sparked optimism among economists and investors, with more analysis to come.

Economy

UK Economy Faces Massive Challenge: Can Rachel Reeves Fix It?

British Chancellor Rachel Reeves admits the huge challenge to fix the UK economy after recent data shows no growth in Q3 2024. She outlines plans for sustainable growth.

Economy

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

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...

Economy

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...

Economy

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 ...

Economy

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...

Economy

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...