Economy News

Economy

Donald Trump Plans to Revolutionize Trade with New External Revenue Service for Tariffs

Former U.S. President Donald Trump announces a plan to establish an external revenue service to collect tariffs and duties from foreign sources, aiming to shift U.S. trade policy t...

Economy

December Sees a 0.2% Rise in US Producer Prices, Falling Short of Expectations

The US Producer Price Index increased by 0.2% in December, missing analysts' expectations. Over the past year, the index rose by 3.3%, with final demand goods prices climbing by 0....

Economy

Exploring the Future: Bank of England Deliberates on Digital Pound Introduction

The Bank of England updates on its exploration of a digital pound, highlighting progress in the design phase and considerations for its potential introduction, including the need f...

Economy

December Marks a Six-Year High in US Small Business Optimism, NFIB Reports

The NFIB reports a significant rise in the Small Business Optimism Index to 105.1 in December, the highest in six years, indicating a strong positive shift in small business sentim...

Economy

November Sees a Slight Rise in Italy's Industrial Output Despite Yearly Decline

Italy's industrial production saw a 0.3% increase in November, with energy production leading the growth. However, compared to the previous year, there was a 1.5% decline, highligh...

Economy

The Rising Cost of Living in Vietnam: A Shock for Overseas Vietnamese Returning Home

Overseas Vietnamese are returning to a Vietnam transformed by economic growth, facing shockingly high costs of living. From dining out to everyday groceries, the price increases ch...

Economy

18 Months and Counting: How Stock Market Volatility Fuels Continuous Money Supply Growth

The domestic stock market's volatility has led to an 18-month streak of increasing money supply, with the broad money supply (M2) reaching 4,143 trillion won in November. This grow...

Economy

Bank of Japan Contemplates Rate Hike Amid Economic Shifts

The Bank of Japan is considering a rate hike in its next policy meeting, with Deputy Governor Ryozo Himino stressing the importance of sustainable inflation growth and the challeng...