Economy News

Economy

Bank of Korea Governor Advocates for Enhanced Macroprudential Policy Powers Amid Financial Stability Concerns

Bank of Korea Governor Rhee Chang-yong emphasizes the need for stronger macroprudential policy tools and better coordination with the government to ensure financial stability and e...

Economy

Italy's Inflation Climbs Slightly to 1.7% in June: What's Driving the Increase?

Italy's inflation rate slightly increased to 1.7% in June, driven by rises in unprocessed food and transport services. The core CPI and HICP also showed upward trends.

Economy

Eurozone's Trade Surplus Soars to €16.2 Billion in May, Outperforming Previous Months

The Eurozone's trade surplus rose to €16.2 billion in May, with exports increasing by 0.9% and imports decreasing by 0.6%. The EU also saw a trade surplus growth, highlighting a po...

Economy

UK Inflation Rises to 3.6% in June: Transport Costs Drive Upward Trend

UK inflation rose to 3.6% in June, driven by higher transport costs, despite some offset from lower housing expenses. Monthly consumer prices increased by 0.3%, with CPIH showing a...

Economy

Germany's Export Dominance Fades: A Deep Dive into the Competitive Challenges Ahead

Germany's export industry faces a sharp decline in global market share due to reduced competitiveness in key sectors like machinery, chemicals, and electronics, alongside structura...

Economy

Italy Surprises with a Stunning €6.2 Billion Trade Surplus in May, Defying Expectations

Italy's trade surplus unexpectedly surged to €6.2 billion in May, far exceeding April's figures and analysts' expectations. Excluding energy, the surplus hit €9.6 billion. Despite ...

Economy

Johor's Innovative Durian Center Aims to Stabilize Prices and Supply Year-Round

Johor's new durian processing center, utilizing nitrogen freezing technology, aims to stabilize prices and supply year-round, addressing seasonal oversupply and supporting local fa...

Economy

Lutnick Advocates for US Steel Production Boost to Enhance Industrial Self-Reliance

US Commerce Secretary Howard Lutnick highlights the importance of boosting domestic steel production to enhance industrial self-reliance and protect jobs, with potential new trade ...