Switzerland and EU Reach Historic Trade Deal: What's in it for Both Parties?
Switzerland and the EU have reached an agreement to strengthen bilateral relations, enhancing Bern's access to the bloc's internal market and participation in EU programs.
Economy News
Russia's Central Bank Holds Key Interest Rate at 21% Amid Inflationary Pressures
The Bank of Russia maintains its key interest rate at 21%, aiming to manage inflation and stimulate economic activity. The central bank will evaluate future rate adjustments based ...
South Korea's Ambitious Plan: Massive Investment in Advanced Industries
South Korea plans to invest 25.5 trillion won in advanced industries by 2025, focusing on semiconductors, displays, secondary batteries, and bio, with new designations for humanoid...
South Korea to List Foreign Exchange Stabilization Bonds on Luxembourg Stock Exchange Amid Currency Volatility
South Korea announces measures to stabilize the foreign exchange market, including listing Foreign Exchange Stabilization Bonds on the Luxembourg Stock Exchange, abolishing foreign...
South Korea's Largest Domestic Supply Price Index Increase in Seven Months: Causes and Implications
The Bank of Korea reported a 0.6% increase in the domestic supply price index for November, the largest in seven months, due to higher exchange rates and electricity rate hikes. Th...
Japan's Economy: Steady Recovery Amid Global Economic Uncertainty
Japan's economy is recovering moderately despite some pauses, with government policies improving employment and income. The government works with the Bank of Japan to manage polici...
Trump Calls on EU to Boost U.S. Oil and Gas Imports to Avert Tariffs
President-elect Donald Trump urges the EU to increase U.S. oil and gas imports to address trade deficit, warning of potential tariffs if action is not taken.
Germany's Producer Prices Experience First Annual Increase in Over a Year
Germany's producer prices grew by 0.1% in November, the first annual increase since June 2023, according to Destatis. The index rose 0.5% month-over-month, with notable rises in ca...
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