Economy News

Economy

Japan's Producer Prices Climb 4% in April, Signaling Economic Shifts Amid Global Trends

Japan's Producer Price Index rose by 4% in August year-on-year, matching expectations but slowing from July's 4.2%. Monthly PPI growth also eased, while export and import prices de...

Economy

South Korea's April Unemployment Rate Hits Record Low, Sparks Economic Optimism

South Korea's unemployment rate unexpectedly dropped to 2.7% in April, with employment numbers rising by 194,000. The employment rate for ages 15-64 also increased, reflecting posi...

Economy

Surprising Surge: US Oil Inventories Jump by 4.29M Barrels, Distillates Also Rise

US crude oil inventories surged by 4.29 million barrels last week, with distillates also rising unexpectedly. Gasoline stockpiles fell, and Cushing reserves saw a decrease, indicat...

Economy

Fitch Warns: US-China Trade De-escalation Far from Normalization, Risks Remain

Fitch Ratings warns that recent US-China trade de-escalation does not indicate normalization, citing ongoing uncertainties and risks to global trade and supply chains. The agency n...

Economy

President Trump Urges Federal Reserve to Slash Interest Rates Following Global Trends

President Donald Trump urges the Federal Reserve to cut interest rates, citing no inflation and lower prices in essential goods. This comes after a report showing a slight decrease...

Economy

Trump Extends Olive Branch to Iran, Demands End to Nuclear Program in Bold Move

US President Donald Trump offers Iran a chance for renewed diplomacy, demanding an end to its nuclear program. He warns of reimposing sanctions and reducing oil exports to zero if ...

Economy

President Trump Advocates for Peace: US Intensifies Efforts to Resolve Ukraine-Russia Conflict

President Donald Trump, speaking at the US-Saudi Investment Forum, highlighted the US's efforts to mediate the Ukraine-Russia conflict, with Secretary Marco Rubio attending upcomin...

Economy

President Trump Expresses Hope for Saudi Arabia to Join the Abraham Accords at Saudi-US Investment Forum

President Donald Trump expressed his hope for Saudi Arabia to join the Abraham Accords during the Saudi-US Investment Forum, calling it a dream that would significantly benefit the...