Economy News

Economy

Goldman Sachs Lowers 2025 Bund Yield Forecast Amid Growth Concerns

Goldman Sachs revises its 10-year German Bund yield forecast to 2.80% from 3.00%, amid concerns over Eurozone growth and fiscal expansion plans balancing ECB's inflationary pressur...

Economy

Goldman Sachs Lowers 2025 Bund Yield Forecast Amid Growth Concerns

Goldman Sachs revises its 10-year German Bund yield forecast downward to 2.80% for 2025, citing growth concerns and potential fiscal expansion in the Eurozone as balancing factors ...

Economy

Major Earthquake Strikes Myanmar: Travel Chaos, Airport Closures, and Aftershocks Alert

A massive earthquake in Myanmar has caused over 1,000 deaths and significant travel disruptions, including airport closures and rail suspensions in Thailand, with aftershock warnin...

Economy

South Korea Faces Persistent Inflation: Consumer Prices Surpass 2% for the Third Month in a Row

South Korea's consumer prices have risen above 2% for the third consecutive month, driven by increases in processed food prices and university tuition fees. The Bank of Korea antic...

Economy

Bank of Japan Warns: US Tariffs Could Spike Inflation Before Cooling Prices

Bank of Japan Governor Kazuo Ueda discusses the potential for US tariffs to initially increase inflation before possibly slowing economic growth and reducing prices. The impact on ...

Economy

Bangkok Airport Maintains Normal Operations Amidst Myanmar Earthquake Aftermath

Bangkok's Suvarnabhumi International Airport operates normally after a nearby earthquake in Myanmar causes panic in Bangkok, leading to emergency declarations and reports of damage...

Economy

South Korea's Inflation Edges Up to 2.1% in March, Surpassing Expectations

South Korea's inflation rate rose to 2.1% in March, slightly above expectations, with the CPI increasing by 0.2% monthly. The core CPI, excluding fresh food and energy, also saw a ...

Economy

Surprising 6 Million Barrel Surge in US Crude Inventories Sparks Market Speculation

The United States has witnessed a notable 6.037 million barrel increase in crude oil inventories, alongside mixed changes in distillate and gasoline stockpiles, and a significant r...