Economy News

Economy

US Stocks Soar to Record Highs Amid Vietnam Trade Deal and Tech Rally

US stocks reach new heights thanks to a Vietnam trade deal and strong tech stock performance, with investors now focusing on the Federal Reserve's next steps amid mixed economic si...

Economy

Malaysian Loan Sharks' Disturbing Tactics: Mock Funerals and Psychological Terror to Intimidate Debtors

Malaysian loan sharks are using mock funerals and psychological terror to intimidate debtors, with victims like Tan and Chan facing harassment over loans. The Malaysian Chinese Ass...

Economy

Vietnam's Overseas Investment Soars by 3.5 Times in First Half of 2025, Led by Energy Sector

Vietnam's outbound investment surged 3.5 times in H1 2025, led by the energy sector with $111.2 million. Laos, the Philippines, and Indonesia were top destinations, showcasing Viet...

Economy

South Korea Urges U.S. for Exemption on Car Carrier Ships Entry Fee to Protect Bilateral Trade

The South Korean government has requested the U.S. to exempt car carrier ships from a new entry fee, citing potential harm to bilateral trade and industries. This move comes in res...

Economy

South Korea's Economic Growth Hits Historic Low: Potential Rate Drops Below 2% for the First Time

South Korea's potential growth rate is predicted to fall below 2% for the first time, signaling a concerning low-growth trend. The OECD's latest report estimates it at 1.9%, highli...

Economy

Seoul and Washington Engage in Crucial Talks to Extend Tariff Suspension Amid Trade Tensions

South Korea and the U.S. are in talks to extend the suspension of reciprocal tariffs, focusing on strengthening industrial supply chains and reducing tariffs on key items like auto...

Economy

Vietnam Achieves a Stunning $7.6B Trade Surplus in First Half of 2025 Amid Global Economic Shifts

Vietnam reported a $7.63 billion trade surplus in the first half of 2025, with exports growing by 14.4%. The foreign-invested sector led the surge, contributing significantly to th...

Economy

Korea Weighs U.S. Apple Imports as Trade Tensions with America Escalate

Korea considers importing U.S. apples amid escalating trade tensions, with domestic farmers concerned over potential income losses. The move comes as the U.S. pressures Korea to re...