Economy News

Economy

Japan's Producer Prices Surge by 3.7% in November, Outpacing Expectations

Japan's PPI rose 3.7% in November year-on-year, beating expectations. The monthly PPI increased by 0.3%, and export prices grew 0.7% year-on-year, while import prices dropped 2.8%.

Economy

South Korea's Household Loan Growth: A Slowing Trend Amidst Regulatory Measures

South Korea's household loans grew by 5.1 trillion won in November, showing a slower growth rate compared to the previous month. The bank sector's loan growth significantly decline...

Economy

South Korea and AMCHAM Strategize to Attract Foreign Investment Amid Global Trade Shifts

Trade Minister Jeong In-kyo met with AMCHAM to discuss strategies for attracting foreign investment amidst global trade changes. The MOTIE and AMCHAM aim to expand investment, make...

Economy

South Korea Accelerates Regulatory Reforms to Boost Semiconductor Industry

Government and business leaders in South Korea convene to discuss and agree on swift improvements to unreasonable regulations, particularly those affecting the semiconductor indust...

Economy

South Korea to Announce Supply Chain Plans and Restructure Petrochemical Industry

South Korea's government plans to announce supply chain strategies for semiconductors and batteries, and induce restructuring in the petrochemical industry. Deputy Prime Minister C...

Economy

Enterprise Boom: Over 218,500 Businesses Established and Resuming Operations in 11 Months

In November, nearly 11,200 new enterprises were established with total registered capital of VND138.6 trillion. Over 7,700 enterprises resumed operations, while more than 96,200 su...

Economy

Korea-U.S. Economic Partnership Strengthened in High-Level Virtual Meeting

Deputy Prime Minister Choi Sang-mok held a video meeting with U.S. Treasury Secretary Janet Yellen, reaffirming strong economic and financial cooperation. Choi emphasized stable go...

Economy

Korean and U.S. Business Leaders Call for Strengthening FTA

Korean and American business leaders urge governments to ensure stability and predictability in business activities through consistent policies, emphasizing the importance of the K...