Economy News

Economy

Hong Kong Unveils New Investment Scheme to Attract Global Millionaires and Boost Economy

Hong Kong introduces a new investment scheme offering residency for a HKD30 million investment, aiming to boost the economy by attracting global millionaires. Over 800 applications...

Economy

Unlocking Growth: Malaysia's New Tax Incentives in the Johor-Singapore Special Economic Zone

Malaysia introduces tax incentives for the Johor-Singapore Special Economic Zone, offering a 5% tax rate for new investments in key sectors and a 15% income tax rate for skilled wo...

Economy

Vietnam Aims for 8-10% Economic Growth by 2025, Setting Ambitious Targets for Future Prosperity

Vietnam targets an ambitious 8-10% economic growth by 2025, aiming for double-digit growth in the future. Strategic reforms, efficient resource allocation, and local government ini...

Economy

China's Inflation Rate Dips Slightly to 0.1% in December, PPI Also Sees Decline

China's annual inflation rate slightly decreased to 0.1% in December, with the Producer Price Index also declining by 2.3% year-on-year, according to the National Bureau of Statist...

Economy

November Sees a Significant 0.8% Jump in Australia's Retail Sales

Australian retail sales saw a 0.8% increase in November, reaching 37 billion Australian dollars, a 3% rise from the previous year. The growth was significantly influenced by Black ...

Economy

Australia's Trade Surplus Soars to A$7 Billion in November, Surpassing Expectations

Australia's trade surplus reached A$7 billion in November, exceeding expectations and showing a significant increase from October's figures. Imports rose by 1.7%, while exports sur...

Economy

Federal Reserve Raises Alarm: Trump's Policies May Ignite Inflation and Delay Rate Cuts

Federal Reserve officials express concerns over the inflationary impacts of President-elect Donald Trump's trade and immigration policies, as discussed in the December US Federal O...

Economy

ECB's Villeroy Predicts Eurozone Neutral Rate Achievement by Summer

Francois Villeroy de Galhau of the ECB forecasts that the Eurozone could reach the neutral interest rate by summer, assuming the downward trend in inflation persists. This projecti...