EU Considers Tariff-Free Trade Area Membership for Post-Brexit UK
The European Union is considering allowing the UK to join the Pan-Euro-Mediterranean Convention, aiming for tariff-free trade. However, the EU awaits a detailed proposal from the U...
Economy News
Thailand's Durian Exports to China Resume After Carcinogen Scare: A New Chapter in Trade Relations
Thailand resumes durian exports to China after addressing carcinogen concerns, implementing stricter safety measures, and adapting to new import standards. This marks a pivotal mom...
South Korea's Economic Growth in 2024: A 2% Rise That Missed the Mark
South Korea's economy grew by 2% in 2024, missing the BOK's forecast due to sluggish domestic demand and the impact of the December 3 martial law crisis. Quarterly growth showed fl...
South Korea's Economic Growth Slows to 1.2% in Q4 2024, Marking the Slowest Expansion Since 2023
South Korea's GDP growth slowed to 1.2% in Q4 2024, marking the slowest expansion since Q2 2023. Despite a minimal quarterly increase and missing estimates, the full-year growth im...
Japan Achieves a Surprising ¥130 Billion Trade Surplus in December, Surpassing Expectations
Japan's December trade surplus of ¥130.9 billion exceeded expectations, marking a significant improvement from November's deficit. Exports grew by 2.8%, and imports increased by 1....
US Oil Reserves Surge: A Million Barrel Increase Stirs Market Speculations
The United States has seen a notable increase in its crude oil, distillate, and gasoline inventories, with Cushing, Oklahoma, also reporting a rise in reserves. This development co...
Reeves Asserts UK's Minimal Impact on US Trade Deficit Amid Trump's Concerns
British Chancellor Rachel Reeves clarifies that the UK does not contribute to the US trade deficit, highlighting increased trade during Trump's previous term.
Spain's Treasury Shatters Records with €140 Billion Demand for 10-Year Bond
Spain's Treasury has reported an unprecedented €140 billion demand for its new 10-year syndicated bond, matching the 2024 record and marking the year's largest issuance. The high d...
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