Economy News

Economy

Exclusive: WEF's Internal Probe Reveals Klaus Schwab's Decade of Misconduct and Questionable Expenses

A WEF internal investigation found Klaus Schwab engaged in misconduct, including unauthorized spending and inappropriate behavior towards female staffers, with $1.1 million in trav...

Economy

EU and US Edge Closer to Historic 15% Tariff Agreement Amid Trade Tensions

The European Union and the United States are nearing a 15% tariff deal, aiming to prevent an increase to 30% as previously suggested by Donald Trump. The agreement is expected to t...

Economy

Vietnam's Next Billion-Dollar Exports: Passion Fruit, Banana, Pineapple, and Coconut on the Global Stage

Vietnam identifies passion fruit, banana, pineapple, and coconut as its next billion-dollar exports, aiming to overcome challenges and capitalize on global market trends with strat...

Economy

Vietnam's Fruit and Vegetable Exports Near $4B, Driven by Durian and Emerging Markets

Vietnam's fruit and vegetable exports are recovering, with durian leading the charge. Despite a slight year-on-year decrease, the industry sees growth in July and potential in bana...

Economy

Cambodia Makes History with First Direct Fresh Durian Export to China's Lucrative Market

Cambodia has successfully exported its first batch of fresh durians directly to China, marking a significant milestone in its agricultural sector. This move, facilitated by strict ...

Economy

Korea Sees Third Consecutive Month Rise in Foreign Currency Deposits Amid Export Boom

Korea's resident foreign currency deposits have increased for the third consecutive month, reaching $106.44 billion, driven by strong exports and dividends from overseas subsidiari...

Economy

BoJ Deputy Governor Highlights US-Japan Trade Deal as a Key Step to Reduce Economic Uncertainty

Bank of Japan Deputy Governor Shinichi Uchida views the US-Japan trade agreement as a crucial step to reduce uncertainty for Japanese businesses, despite ongoing challenges in glob...

Economy

Bank of Japan Cautions on Trade Risks: Economic Growth Faces Potential Slowdown

Bank of Japan's Deputy Governor Shinichi Uchida warns of potential economic slowdown due to trade risks, despite current moderate recovery. Inflation may fluctuate, necessitating c...