Economy News

Economy

Japan's Trade Deficit Widens to ¥522.3 Billion in May, Signaling Economic Challenges Ahead

Japan's trade deficit for May hit ¥522.3 billion, meeting expectations but highlighting economic challenges. Despite a decrease from April's figures, the year-on-year increase refl...

Economy

Cambodia Breaks Into China's Lucrative Durian Market: Over 100 Farms Approved for Export

Cambodia has been approved to export fresh durians to China after over 100 farms met strict standards. This marks a significant step in Cambodia-China agricultural trade, expanding...

Economy

Eurozone's Fiscal Policy Shift: A Neutral Stance by 2025 Amid Rising Defense Costs

The Eurogroup forecasts a neutral fiscal policy stance by 2025, excluding defense spending increases, with public debt and deficit slightly rising. The Eurozone economy shows resil...

Economy

ECB Alerts on Heightened Euro Area Financial Stability Risks Amid Global Uncertainty

The ECB highlights growing risks to euro area financial stability due to global geopolitical tensions, while affirming the banking sector's resilience. It calls for maintained vigi...

Economy

Singapore Boosts Family Support with $390 Credit for 750,000 Children and Youths in July

Singapore announces a $390 credit for 750,000 children and youths to ease education and living expenses, part of Budget 2025's household support measures. Credits will be distribut...

Economy

Frozen Durian Exports Skyrocket: A 300% Surge in the First Half of the Year

Frozen durian exports have tripled in the first half of the year, thanks to favorable policies and market diversification efforts. China's recent approvals and investments in proce...

Economy

Eurozone Faces Retail Sales Dip in May: A Closer Look at the Numbers

Eurostat reports a 0.7% decrease in Eurozone retail sales in May compared to April, with the EU seeing a 0.7% increase. Annual growth remains positive, highlighting regional variat...

Economy

Eurozone Investor Confidence Soars to New Heights in July, Signaling Strong Economic Recovery

Investor confidence in the euro area surged in July, with the Sentix confidence index reaching its highest since February 2022. The current situation index improved, and Germany's ...