Economy News

Economy

Vietnam Aims to Revolutionize Travel with North-South High-Speed Rail in a Decade

Vietnam is embarking on a transformative infrastructure project, aiming to complete a north-south high-speed railway within a decade. This ambitious plan, alongside developing majo...

Economy

How Trump's Tariffs on Canada, Mexico, and China Could Impact South Korea's Economy

An analysis suggests that Trump's tariffs on Canada, Mexico, and China could significantly impact South Korea's economy, potentially more than China, due to its reliance on interme...

Economy

Bank of Japan Takes Bold Step: First Rate Hike in 17 Years to Combat Inflation

The Bank of Japan raises its benchmark interest rate to 0.5%, the highest in 17 years, in response to a 3.6% annual inflation rate in December, causing the yen to strengthen agains...

Economy

Trump's Inauguration Day Triumph: $3 Trillion Investment Surge Marks New Economic Era

President Donald Trump announced a historic $3 trillion investment into the U.S. economy on his inauguration day, marking a significant push for economic growth through pro-market ...

Economy

Japan's Economy Shows Signs of Growth with Services Sector Leading in January

Japan's private sector showed a slight expansion in January, with the services sector leading growth while manufacturing faced a decline. The composite PMI indicated modest overall...

Economy

January Sees a Sharp Decline in UK Consumer Confidence, GfK Survey Reveals

The latest GfK survey indicates a notable decline in UK consumer confidence in January, with the index dropping by five points to negative 22, signaling growing economic concerns a...

Economy

Japan's Inflation Surges to 3.6% in December: A Closer Look at the Rising Consumer Prices

Japan's annual inflation rate increased to 3.6% in December, up from 2.9% in November, as reported by the Statistics Bureau of Japan. The consumer price index, excluding fresh food...

Economy

January Sees a Surge in Australian Private Sector Output: A Detailed Insight

The Australian private sector experienced a notable expansion in output in January, driven by increased consumer confidence, strategic government policies, and strong demand for go...