Economy News

Economy

Historic $1.2 Trillion Deal: Trump and Qatar Forge Unprecedented Economic and Security Partnership

President Donald Trump has finalized a $1.2 trillion economic and security package with Qatar, featuring a historic Boeing deal, energy collaborations, and enhanced defense and sec...

Economy

Global Oil Prices Plummet: A Three-Month Streak of Declining Import Prices Shakes Markets

The international oil price has fallen by over 6% in a month, leading to a third consecutive month of declining import prices. Key sectors affected include raw materials and interm...

Economy

US Eyes Expansion of Export Blacklist to Include Major Chinese Tech Firms Amid Rising Tensions

The US Commerce Department is considering adding more Chinese tech firms, including ChangXin Memory, to its export blacklist, which could restrict their access to US technology and...

Economy

Singapore Boosts Household Support with $380 Vouchers Amid Rising Living Costs

Singaporean households can now claim $380 vouchers to ease living costs, usable at heartland merchants and major supermarkets, part of the government's ongoing support scheme initi...

Economy

Japan's Economic Downturn: A 0.2% Contraction in Q1 Sparks Concern

Japan's economy contracted by 0.2% in Q1, surprising analysts and raising questions about the causes and implications for global markets. Experts are analyzing various factors, wit...

Economy

Fed's Barr Warns: Emerging Trade Policies Could Dim the Bright Economic Outlook

Federal Reserve's Michael Barr highlights the U.S. economy's strength but warns of potential clouds from new trade policies, especially impacting small businesses and supply chains...

Economy

US Natural Gas Inventories Surge: A 110 Bcf Weekly Increase Signals Market Shifts

The US natural gas inventories rose to 2,255 Bcf, a 110 Bcf increase from the previous week, according to the EIA. Despite a yearly drop, levels remain above the five-year average.

Economy

US Industrial Production Holds Steady in April Amid Mixed Sector Performances

In April, US industrial production remained steady with no change from March, as reported by the Federal Reserve. The Manufacturing and Mining indices declined, while Utilities sur...