March Sees Australia's Trade Surplus Skyrocket to 6.9B AUD, Surpassing Expectations
Australia's trade surplus surged to 6.9 billion AUD in March, exceeding expectations and February's figures, driven by a rise in exports and a drop in imports.
economic resilience News
Germany Sees a Slight Dip in Unemployment Rate to 6.3% in April, Signaling Economic Resilience
Germany's unemployment rate slightly decreased to 6.3% in April, with a mixed annual and monthly comparison showing resilience and challenges in the labor market.
Italy's Economy Shows Resilience with a 0.6% GDP Growth in Q1 2025
Italy's GDP grew by 0.6% in Q1 2025, showing economic resilience with growth in agriculture and industry sectors, while services stagnated. Domestic demand rose, but net exports fe...
Germany's Unemployment Rate Drops to 6.3% in April, Signaling Economic Resilience
Germany's unemployment rate slightly decreased to 6.3% in April from 6.4% in March, with 2.9 million unemployed residents. The underemployment rate also saw changes, reflecting the...
Sebi Chairman Urges Long-Term Investment in India Amid Global Challenges
Sebi Chairman Tuhin Kanta Pandey highlights India's economic resilience and advises retail investors to stay invested for the long term, despite global challenges. He emphasizes th...
German Consumer Confidence Set to Rise in May Amid Positive Economic Signals
German consumer confidence is expected to increase in May, with figures improving to negative 20.6. Experts suggest that domestic political stability and global trade policy change...
India's Fiscal Strength Shines: Direct Tax Collections Jump 15.6% to Rs 27 Lakh Crore in 2024-25
India's direct tax collections grew by 15.59% to Rs 27.02 lakh crore in 2024-25, driven by higher corporate and non-corporate taxes and a surge in securities transaction tax receip...
Fed's June Decision Hinges on Clear Economic Signals, Says Cleveland President Hammack
Cleveland Fed President Beth Hammack discusses the potential for a June Fed action based on clear economic signals, the impact of trade tariffs on businesses, and the Fed's focus o...
Fed's June Decision Hinges on Clear Economic Signals, Says Cleveland President Hammack
Cleveland Fed President Beth Hammack discusses the potential for a June Fed move based on clear economic indicators, the impact of trade tariffs on business, and the Fed's focus on...
BNP Paribas Reports a Strong 12.5% Revenue Growth to €5.28B in Q1 2025 Amid Economic Uncertainties
BNP Paribas announced a 12.5% rise in Q1 2025 revenue to €5.28B, with a net income of €2.95B, a 4.9% decline. CEO Jean-Laurent Bonnafe reaffirmed the bank's 2024-2026 growth trajec...
BNP Paribas Reports a Strong 12.5% Revenue Growth to €5.28B in Q1 2025 Amid Economic Uncertainties
BNP Paribas announces a 12.5% revenue increase to €5.28B in Q1 2025, with a net income of €2.95B. Despite a decline in net income and EPS, the bank reports growth in operating inco...
Foreign Investors Flood Indian Markets with Rs 8,500 Crore, Signaling Renewed Confidence in India's Economic Resilience
Foreign Portfolio Investors (FPIs) infused nearly Rs 8,500 crore into Indian equities last week, signaling renewed confidence in India's economic resilience amid global trade shock...
India's Forex Reserves Climb to $677.84 Billion, Marking Sixth Consecutive Week of Growth
India's forex reserves have increased for the sixth consecutive week, reaching $677.835 billion, driven by growth in foreign currency assets and gold reserves. This strengthens Ind...
China's Economy Surges Ahead: Q1 GDP Growth Hits 5.4%, Defying Slowdown Forecasts
China's economy demonstrated strong growth in the first quarter of 2025, with GDP expanding by 5.4%, matching the previous quarter's performance and exceeding slowdown expectations...
China's Industrial Production Surges to 7.7% in March, Signaling Economic Resilience
China's industrial production experienced a notable increase of 7.7% in March, highlighting the country's economic resilience and recovery. This growth is a key indicator of China'...
UK Economy Shows Resilience with 0.5% GDP Growth in February Amidst Global Uncertainties
The UK's GDP grew by 0.5% in February, with production output leading at 1.5% increase. Quarterly data shows a 0.6% rise in real GDP, highlighting economic resilience.
UK Economy Shows Resilience: GDP Climbs 0.5% in February Amidst Growth Across Sectors
The UK's GDP grew by 0.5% in February, with production, construction, and services sectors all contributing to the growth. Over the December to February period, the economy expande...
Trump's Strategic Tariffs: A Calculated Move to Forge Complex Trade Deals, Aide Reveals
White House economic advisor Stephen Miran reveals President Trump's tariffs are a strategy to develop complex trade deals, emphasizing economic resilience and the need for regulat...
Fitch Ratings: Western European Banks Stand Strong Amid US Tariff Uncertainty
Fitch Ratings asserts Western European banks' resilience to US tariff uncertainties, citing strong performance and asset quality. However, economic downturns could shift the outloo...
Vietnam Embraces Dialogue Over Confrontation in US Tariff Negotiations, PM Chinh Advocates for Economic Resilience
Vietnam plans to increase dialogue with the U.S. over new tariff policies, viewing challenges as opportunities to diversify its economy. PM Chinh emphasizes the importance of explo...
UK Chancellor Rachel Reeves Prioritizes US Deal Amid Global Economic Turbulence
UK Chancellor Rachel Reeves discusses the global economic impact of US tariffs, the UK's strategic priorities in securing a US deal, and efforts to enhance international trade coll...
South Korea Achieves Record 22-Month Current Account Surplus Amid Global Economic Challenges
South Korea has achieved a current account surplus for 22 consecutive months, highlighting its economic resilience. February's surplus was $71.8 billion, with significant growth in...
China Strongly Rejects Fitch's 'Biased' Credit Downgrade, Vows Economic Resilience
China's Finance Ministry criticizes Fitch Ratings for downgrading its credit rating, calling it biased and not reflective of the country's economic stability and growth. Fitch cite...
US Job Market Shows Resilience: Initial Jobless Claims Drop to 219,000, Signaling Economic Strength
The US Department of Labor reports a decrease in initial jobless claims to 219,000, with the 4-week moving average also declining, signaling strength in the job market despite a sl...
Eurozone's Business Activity Hits a 7-Month High in March, Signaling Economic Resilience
The Eurozone's private sector activity reached a seven-month high in March, with the PMI rising to 50.9. Despite growing employment, demand declined, and business optimism waned. E...
Eurozone Business Activity Climbs to a 7-Month Peak in March, Signaling Economic Resilience
Eurozone private sector activity hits a seven-month high in March, with PMI rising to 50.9. Employment grows but demand declines, and business optimism wanes despite easing inflati...
Australia Achieves a Staggering 3B Dollar Trade Surplus in February, Signaling Economic Resilience
Australia's trade surplus reached an impressive 3 billion Australian dollars in February, highlighting the country's economic resilience and strong export performance. This achieve...
Eurozone Sees Slight Dip in Unemployment Rate to 6.1% in February, Signaling Economic Resilience
The Eurozone's unemployment rate slightly decreased to 6.1% in February, down by 0.1 percentage point from January, indicating a subtle improvement in the labor market amidst econo...
Japan's Industrial Sector Sees a 2.5% Surge in February, Signaling Economic Resilience
Japan's industrial output rose by 2.5% in February, showcasing the sector's strength and hinting at a positive economic trajectory amidst global challenges.
US Economy Shows Resilience: GDP Growth Revised Upward to 2.4% in Q4 2024
The US GDP growth for Q4 2024 was revised up to 2.4%, driven by consumer and government spending despite investment declines. Annual growth held at 2.8%, with sectors showing varie...
Indian Stock Market Continues Winning Streak: Sensex and Nifty Rise for Seventh Consecutive Day
The Indian stock market continues its bullish trend with Sensex and Nifty rising for the seventh consecutive day, showcasing investor confidence and economic resilience. Sensex gai...
Eurozone Business Activity Soars to a 7-Month Peak in March, Signaling Economic Resilience
The Eurozone's business activity reached a 7-month high in March, with the Composite PMI Output Index rising to 50.4. While the services sector saw a slight decline, manufacturing ...
