The IMF has drastically lowered South Korea's 2025 growth forecast to 1.0%, the sharpest cut among major economies, citing global trade tensions and weak domestic demand. The globa...
EY's Economy Watch forecasts a 6.5% growth for India's economy in FY26, with a 6.4% projection for FY25, emphasizing the need for fiscal policy adjustments to support growth. Stay ...
Finance Minister Nirmala Sitharaman denies US pressure on customs duty reductions, emphasizing policy alignment with India's development goals. The government has rationalized cust...
European stock markets opened mostly higher as investors digested UK inflation data and awaited the British Chancellor's Spring Statement. Key stocks like Daimler Truck and Anglo A...
India's GDP has doubled to $4.2 trillion over the past decade, with a robust growth rate of 6.5% and controlled inflation. The IMF reports improving living standards but notes fisc...
The Ministry of Economy and Finance announces a record-high tax reduction of 78 trillion won for this year, raising concerns over fiscal sustainability and revenue shortfalls. Stra...
South Korea's money supply has grown for the 19th consecutive month, reaching 4,183.5 trillion won in December 2024. This growth, driven by domestic asset market volatility, has se...
Federal Reserve Chair Jerome Powell states the Fed is waiting to see the Trump administration's policy directions on tariffs, immigration, and fiscal policy before making decisions...
The IMF forecasts a global economic growth of 3.3% in 2025 and 2026, with the US and China leading the charge. Inflation is expected to decrease, but long-term fiscal adjustments i...
The South Korean government's borrowing from the Bank of Korea hit a record high of 173 trillion won in 2024, with interest payments exceeding 200 billion won. This marks a signifi...
BOK Governor Rhee Chang-yong calls for immediate economic stimulus through active fiscal policy to combat economic downturn caused by recent political turmoil. He warns of long-ter...
South Korea's monetary policy board members called for swift and preemptive actions to address the slowing economy, voting for back-to-back rate cuts and emphasizing the need for p...
Goldman Sachs warns of increased economic risks in South Korea due to political instability, including martial law and impeachment proceedings. The forecast for 2025 growth rate is...
China has announced its intention to adopt an "appropriately loose" monetary policy next year to support economic growth, marking the first such shift towards loosening since 2010....
The Office of the President hints at a potential supplementary budget for next year, marking a shift in President Yoon Suk Yeol's fiscal policy. This move could signal more active ...
