Economy News

Economy

Global Markets React: European Bond Yields Dip as Trump's Tariffs Spark Safe-Haven Rush

European bond yields fell as investors moved towards safe-haven assets following US President Donald Trump's new tariff policy, sparking fears of global stagflation and causing sig...

Economy

Fears of Economic Downturn Grow as US Treasury Yields Experience Sharp Decline

US Treasury yields fell sharply as investors reacted to economic risks from Trump's tariff overhaul, raising fears of a potential downturn. Key yields dropped significantly, reflec...

Economy

ECB's De Guindos Warns: Navigating Unprecedented Uncertainty with Extreme Prudence in Monetary Policy

ECB Vice-President Luis de Guindos calls for extreme prudence in monetary policy amid high uncertainty, exploring unconventional risks and tools for financial resilience. Trade ten...

Economy

UK PM Starmer Warns of Global Economic Impact from US Reciprocal Tariffs

British Prime Minister Keir Starmer warns of the global economic impact from US reciprocal tariffs, emphasizing the UK's preparedness and resilience. UK Business and Trade Secretar...

Economy

Germany's Economic Momentum Wanes: Services Sector Slowdown Hits Four-Month Low in March

Germany's services sector slowed in March, with the Services PMI Business Activity Index hitting a four-month low at 50.9, while the Composite PMI Output Index rose to a 10-month h...

Economy

Eurozone's Business Activity Hits a 7-Month Peak in March Amidst Mixed Economic Signals

The Eurozone's private sector activity peaked in March after seven months, with PMI rising to 50.9. Despite increased business activity, demand fell, employment grew, and business ...

Economy

Morgan Stanley Warns: U.S. Tariffs on South Korea Exceed Expectations, Threatening Economic Growth

Morgan Stanley reports that U.S. tariffs on South Korea are harsher than anticipated, with significant implications for exports and economic growth. Despite some exemptions, sector...

Economy

Bank of Korea Warns: U.S. Tariffs Could Derail South Korea's Economic Growth Amid Rising Tensions

The Bank of Korea is assessing the impact of new U.S. tariffs on South Korea's economy, with concerns over growth falling below projections. Governor Rhee Chang-yong calls for thor...