Economy News

Economy

South Korea's Export Outlook Dims as Sentiment Index Falls Below Baseline

South Korea's export sentiment index falls below baseline for the first time in four quarters, signaling a pessimistic outlook among exporters. Key sectors face significant challen...

Economy

Vietnam Emerges as a Rising Economic Power in Southeast Asia

Vietnam is highlighted for its rapid economic development driven by manufacturing growth and foreign investment. Despite being ranked 12th in Asia, its projected 7% growth in 2024 ...

Economy

Indonesia's $52B Stimulus Plan: A Comprehensive Strategy for 2025

Indonesia's $52 billion stimulus package for 2025 aims to mitigate the effects of a VAT increase and support various sectors, including MSMEs, essential commodities, energy, and ho...

Economy

Vietnam's Trade Surge: A 15.3% Boost in Exports and Imports

Vietnam's exports reached $384 billion, a 14.5% year-on-year increase, while imports rose by 16.3% to $361 billion. Trade surplus decreased to $23.4 billion. State revenue from imp...

Economy

Brief US Shutdown: Limited Impact on Public Finance Entities

Fitch Ratings reports that a brief US government shutdown is unlikely to harm most public finance entities, but prolonged shutdowns could impact those relying on federal support fo...

Economy

IMF Approves $1.1 Billion for Ukraine's Budget Amid Ongoing Conflict

The IMF has approved $1.1 billion for Ukraine's budget support, highlighting the country's resilient economy despite the ongoing conflict with Russia. This allocation is part of a ...

Economy

Fed's Goolsbee: Inflation to Shape Future Interest Rates

Fed's Goolsbee predicts inflation and unemployment will shape monetary policy, with a judicious loosening expected by 2025. He emphasizes maintaining labor market stability and adj...

Economy

December Sees a Decline in Eurozone Consumer Confidence: What's Behind the Dip?

The European Commission reports a decline in the Eurozone's consumer confidence index for December, dropping to negative 14.5 points from the previous month's negative 13.7.