Economy News

Economy

China's Manufacturing Sector Shows Slight Growth in January, PMI at 50.1

China's manufacturing PMI for January stands at 50.1, indicating a slight expansion in the sector. However, this figure is lower than December's 50.5, reflecting a slowdown in grow...

Economy

Japan's Manufacturing Sector Faces Contraction: A Deeper Dive into January's PMI Drop

Japan's manufacturing sector saw a decline in January, with the PMI dropping to 48.7, below the neutral mark, indicating a contraction. This reflects a continued trend of decreasin...

Economy

January Sees a Significant Dip in Japan's Manufacturing Sector Activity

Japan's manufacturing sector experienced a significant decline in activity in January, raising concerns over its economic impact. Factors such as supply chain issues and demand flu...

Economy

Volkswagen Urges Dialogue to Avoid Escalating Trade War Post-US Tariffs

Volkswagen is advocating for negotiations to prevent a trade war after US President Donald Trump imposed new tariffs on imports from Mexico, Canada, and China. The German automaker...

Economy

EU Prepares to Strike Back as Trump Eyes European Goods for Tariffs

The European Union warns of a firm response if President Trump extends tariffs to European goods, following actions against Canada, Mexico, and China. The EU remains committed to l...

Economy

January Marks a Turnaround: Australian Manufacturing Sector Shows Signs of Growth

The Australian manufacturing sector experienced growth in January, with the PMI reaching 50.2, indicating a positive shift from previous declines. Factors include increased output ...

Economy

Mexico Announces Retaliatory Measures Against US Tariffs: A Bold Move in Economic Defense

Mexican President Claudia Sheinbaum announces retaliatory measures, including tariff and non-tariff actions, in response to US tariffs on Mexican imports, amidst allegations of col...

Economy

Canada Strikes Back: Imposes 25% Tariffs on $155 Billion of US Goods

Canadian Prime Minister Justin Trudeau announces a 25% tariff on $155 billion of US imports in response to President Trump's tariffs on Canadian goods. The move affects a wide rang...