Economy News

Economy

US Industrial Production Sees Slight Decline in November: Key Insights

US industrial production decreased by 0.1% in November compared to the previous month and by 0.9% compared to 2023, with manufacturing output up by 0.2% but down 1% year-on-year. M...

Economy

US Manufacturing and Trade Inventories Climb by 0.1% in October, Reaching $2.58 Trillion

US Census Bureau reports a 0.1% increase in manufacturing and trade inventories, reaching $2.58 trillion in October, reflecting a 2.4% annual growth.

Economy

Navarro Promises Trump Admin Will Tackle Inflation Head-On

Peter Navarro, Trump's pick for senior counselor for trade and manufacturing, claims the new administration will tackle inflation head-on, starting with energy sector reforms and r...

Economy

US Retail Sales Surge: November Sees 0.7% Increase, Beating Expectations

The US Census Bureau reports a 0.7% increase in retail and food services sales in November, reaching $724.6 billion and exceeding analysts' expectations. Year-on-year sales advance...

Economy

South Korea's Push for WGBI Inclusion: Strengthening Fiscal Management Amid Political Turmoil

South Korea is enhancing its fiscal management to ensure the inclusion of its government bonds in the World Government Bond Index by November next year, despite political turmoil. ...

Economy

Chinese Kiwi Prices in Vietnam Plummet to Unprecedented Lows

Chinese kiwis are selling at unusually low prices in Vietnam, with wholesale prices starting at VND20,000 per kilogram, attributed to optimized logistics and low labor costs.

Economy

The Heartbreaking Consequences of Early Inheritance Division

An elderly man's decision to divide his land early leads to financial and emotional hardship, highlighting the potential pitfalls of early inheritance division.

Economy

Eurozone Trade Surplus Drops to €6.8B in October: What's Behind the Decline?

Eurostat reports a significant drop in the euro area's trade surplus to €6.8 billion in October, attributed to declines in surplus for chemicals, machineries, and vehicles, and an ...