Economy News

Economy

Malaysia's Durian Tree Massacre: A Decade-Long Land Dispute Tied to Retired Officials Unveiled

A significant land dispute in Malaysia's Pahang region involves the felling of over 1,000 durian trees, with ties to retired officials. The conflict highlights issues of governance...

Economy

April Inflation Holds Steady at 2.1%: Service Fees and Processed Foods Lead the Charge

In April, consumer prices rose by 2.1% year-on-year, driven by increases in service fees and processed food prices, while fresh food prices declined. Personal services and dining o...

Economy

March Sees a Slight Uptick in Australian Retail Sales, Signaling Consumer Confidence

Australian retail sales increased by 0.3% in March, indicating a slight improvement in consumer confidence and economic activity. This growth, though modest, is a positive sign for...

Economy

Japan's Unemployment Rate Climbs to 2.5% in March, Surpassing Expectations

Japan's unemployment rate rose to 2.5% in March, slightly above expectations and last month's figures. However, the job-to-applicant ratio improved, indicating more opportunities f...

Economy

South Korea's Inflation Rate Holds Steady at 2.1% in April: What Does This Mean for the Economy?

South Korea's inflation rate remained steady at 2.1% in April, indicating economic stability. Experts are analyzing the implications for the broader economy and the effectiveness o...

Economy

UK Manufacturing Sector Faces Continued Challenges in April Amid Global Trade Tensions

The UK manufacturing sector showed slight improvement in April but remains under pressure due to global trade tensions and rising input costs, with significant declines in output, ...

Economy

April Sees a Dramatic 62% Drop in US Job Cuts to 105,441, Challenger Reports

In April, the US saw a 62% decrease in job cuts to 105,441, with technology, media, and healthcare sectors most affected. Government cuts surged by 680% year-to-date, influenced by...

Economy

Unexpected Rise in US Jobless Claims: A Closer Look at the Latest Labor Department Report

The latest report from the Department of Labor shows an unexpected increase in US initial jobless claims, with figures surpassing analysts' forecasts. The four-week moving average ...