Economy News

Economy

China Challenges US Tariffs in WTO: A New Chapter in Trade Wars

China has filed a lawsuit with the WTO against the US over tariff increases on Chinese products, asserting the move is to protect its legitimate rights. The Chinese Commerce Minist...

Economy

Norway's Finance Minister Jens Stoltenberg Pledges to Combat US Tariffs on EU

Jens Stoltenberg, Norway's Finance Minister, commits to minimizing the impact of US tariffs on the EU through close collaboration and strategic measures, amidst diverse European re...

Economy

December Sees a Dip in US Job Openings to 7.6 Million, Signaling a Cooling Labor Market

In December, US job openings decreased to 7.6 million, down from 8.1 million in November, with the job opening rate dropping to 4.5%. Hires and total separations remained steady, a...

Economy

Vietnam's Fruit and Vegetable Exports Face Challenges as China Tightens Quality Standards

Vietnam's fruit and vegetable exports face significant challenges as China introduces stricter quality standards, including testing for a potentially carcinogenic chemical. This ha...

Economy

January Sees a Surge in Australia's Service Sector Activity: A 32-Month Confidence High

Australia's service sector activity expanded in January, with business confidence hitting a 32-month high. The composite PMI reached 51.1, and the services sector grew to 51.2. Emp...

Economy

Norway's Finance Minister Jens Stoltenberg Vows to Prevent US Tariffs Impact

Jens Stoltenberg, Norway's Finance Minister, pledges to minimize the impact of US tariffs on the EU, emphasizing collaboration with the EU and highlighting varied responses from Eu...

Economy

December Sees a 0.9% Dip in US Factory Orders, Signaling Economic Shifts

US factory orders fell by 0.9% in December, with durable goods orders dropping by 2.2%. Shipments increased by 0.6%, and inventories rose by 0.4%, indicating a complex economic lan...

Economy

Norway Vows to Combat US Tariffs: Stoltenberg's Strategic Plan Unveiled

Jens Stoltenberg, Norway's Finance Minister, pledges to mitigate US tariffs' impact on Norway, emphasizing close EU cooperation and dialogue to safeguard Norwegian trade and econom...