Economy News

Economy

Japan's Economy Shows Encouraging Growth in Q3, Surpassing Expectations

Japan's GDP grew by 0.3% in Q3 compared to Q2, with a 1.2% annual increase, surpassing expectations. The growth was driven by a 0.7% rise in private consumption and a 0.6% increase...

Economy

China's Inflation Rate Dips to 0.2% in November, Raising Economic Concerns

China's annual inflation rate came in slightly lower than expected at 0.2% in November, decreasing from the 0.3% figure registered last month, according to the country's National B...

Economy

US Oil Rig Count Sees Modest Increase, But Annual Decline Continues

The number of oil rigs in the United States saw a modest increase last week, according to the latest data from Baker Hughes. The rig count rose by five to 482 in the week ending De...

Economy

Thailand FDA Clears Shine Muscat Grapes: Safe for Consumption

Thailand's FDA has approved imported Shine Muscat grapes for consumption after chemical residue tests. Public concern arose when the Thailand Consumers' Council found hazardous che...

Economy

Singaporeans to Receive Up to $440 in Cost-of-Living Support Next Month

Singaporeans will receive up to $440 in cost-of-living support next month, depending on their assessable income and the number of properties they own. This payout is part of the As...

Economy

Singapore Civil Servants to Receive 1.5 Months Bonus Amid Economic Growth

Singapore's Public Service Division announced that civil servants will receive a year-end bonus of 1.05 months' salary, bringing the total bonus for the year to 1.5 months. The inc...

Economy

Thailand's Digital Durian Initiative: Empowering Farmers with Technology

Thailand's Digital Economy Promotion Agency launches the OTOD Digital Durian initiative to engage over 6,100 durian farming households in adopting digital platforms for recording c...

Economy

South Korea to Impose Temporary Anti-Dumping Duties on Low-Cost Chinese Steel

The South Korean government is moving to impose temporary anti-dumping duties on Chinese steel products, which have been flooding the market at low prices, severely impacting domes...