US Economy Surges: Q3 GDP Growth Revised Up to 3.1%
The US real GDP grew at an annual rate of 3.1% in Q3 2024, revised upward from 2.8%. The growth was driven by increased exports, consumer spending, and federal government spending,...
Economy News
BoE Holds Steady: Interest Rates Remain at 4.75% Amid Economic Uncertainty
The Bank of England (BoE) has announced that it will maintain its interest rates at 4.75%, unchanged after a reduction in November. This decision reflects the bank's strategy amids...
Putin Highlights Unprecedented Russia-China Ties at Year-End Conference
Russian President Vladimir Putin highlights unprecedented Russia-China ties at year-end conference, citing trade volume and investments as evidence of strong relations based on com...
Despite External Threats, Putin Claims Russia's Economy Remains Stable and Strong
Russian President Vladimir Putin stressed that the country's economy remains stable despite external threats, with an anticipated growth rate of 3.9% to 4% this year, ahead of Germ...
Vietnam's Hanoi-HCMC Route: The 4th Busiest Domestic Air Route Worldwide
The Hanoi-Ho Chi Minh City route remains the world's 4th busiest domestic air route in 2024, despite a 2% decrease in available seats. Five carriers operate on this "golden" route,...
Indonesia Rolls Out 3% Tax Break for Hybrid Car Manufacturers
Indonesia is offering a 3% tax incentive to hybrid car manufacturers, with a budget of IDR840 billion. The government also provides various other incentives for battery-operated an...
BoJ Governor Ueda: Economic Recovery Faces Persistent Uncertainties
Bank of Japan Governor Kazuo Ueda discusses the country's moderate economic recovery and ongoing uncertainties, explaining the decision to maintain interest rates unchanged and loo...
Why South Korea's Massive Income Growth Doesn't Translate to Better Living Standards
Despite South Korea's per capita GNI increasing 540-fold over 70 years, citizens' perceived income levels have deteriorated. The ratio of PGDI to per capita GNI has declined to an ...
Popular News
